Shale gas fuels steel boom

Cheap energy spurs wave of new U.S. ore refineries

Posted: January 6, 2013 at 2:26 a.m.

Crews construct TPCO America Corp.’s new pipe-finishing mill in Gregory, Texas, in November. Steel companies are making new investments in plants as a result of the growing U.S. shale-gas industry.

The U.S. shale-gas revolution, which has revitalized chemical companies and prompted talk of domestic energy self-sufficiency, is attracting a wave of investment that may revive profits in the steel industry.

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Business, Pages 61 on 01/06/2013


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