United States Steel Corp. completed the purchase of AK Steel’s interest in Double Eagle Steel Coating Company (DESCO). The 700,000-ton electrolytic-galvanizing line (EGL) will become part of the larger operational footprint of U. S. Steel’s Great Lakes Works in Dearborn, Mich. The EGL will allow customers primarily in the automotive industry to be provided world-class coated-steel products. It is also ideally suited to increase the company’s ability to provide industry-leading advanced high-strength steels (AHSS) as well as produce high-quality exposed steel for automotive body and closure applications.
U.S. Steel Purchases DESCO
July 2, 2015