Spectator on facebook

Spectator on facebook

BUSINESS SHORTS

U.S. Steel Košice opens new galvanising line

STEELMAKER U.S. Steel Košice (USSK) officially opened its new hot dip galvanising line on September 25.

"For us, this is the path of the future," USSK President David Lohr told the Hospodárske Noviny daily. "Our ability to supply the [automotive] market will almost double."

Construction on the line began in June 2005 and the company spent a total of US$160 million on it (about Sk3.87 billion). Its current capacity is 350,000 tonnes of hot dip galvanised body sheets for the automotive industry.

About 75 percent of the production that uses the new line will go to the auto industry. The rest will go to household appliances manufacturers and construction materials.

The new line created about 150 jobs.

"We exceeded the obligation to invest US$700 million in the Košice metallurgic plant within 10 years a long time ago," said U.S. Steel president John Surma. "Moreover, the company put more than US$250 million extra into environmental protection and environmental projects."

Prime Minister Robert Fico and former prime minister Mikuláš Dzurinda also attended the event. Fico praised the USSK efforts to manufacture products with high added value, the SITA newswire wrote.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Kio li estas? Liptov welcomed Esperanto enthusiasts Photo

Biggest Esperanto summer school takes place in Liptovský Mikuláš.

Slovakia has extradited Yandiev to Russia

Despite the UN decision, the country sent Ingushetia citizen Aslan Yandiev to Russia where he is wanted for alleged terrorism crimes. It cites the stance of the ECHR.

Illustrative stock photo

More reasons to stay

Excluding people doesn’t just affect those who choose to leave.

Creator of the Krav Maga self-defense system was from Bratislava Photo

The versatile athlete Imi Lichtenfeld finally has a memorial plaque in the Slovak capital.

Unveiling of the commemorative plaque: curator Michal Vaněk, Yaron Lichtenstein, BKIS director Vladimír Grežo and Museum of Jewish Culture's director Pavol Mešťan, from left.