SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Oregon Steel Mills (OS:NYSE) Boom or Bust?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Madarasz who wrote (6)12/10/1999 10:50:00 PM
From: Laserguy  Read Replies (1) of 21
 
Competitive rail capacity under construction

Posted on OSM Yahoo message board

NUE will be building a rail mill (in AR, probably). With STLD building one, this will probably add up to about 1M tons/year of new rail capacity (which is bad when you think that U.S consumption is only about 1-1.2Mtons/year).
It will take NUE probably 1.5-2 years to get up to capacity. It will take STLD about 1-1.5 years.
What this means, in my opinion, is OSM has about 1 year to get back to full production AND cut costs to compete with NUE and STLD head on.
The good news, BS's rail mill will be the first to die (mid 2001). But if OSM doesn't make changes, RMSM dead by 2002.
Again just my opinion. (of course this is just a stupid scab talking..everyone who doesn't bow down to the USWA is a scab)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News