by William Lafferty » March 5, 2023, 3:42 pm
USS/Kobe appeared when what I think was then known as USX merged its Lorain plant with Kobe in 1989. That didn't work out and in 1999 USX retained what became known as the Lorain Tubular Steel Operations and Republic took the steel bar mill. The plant expanded in 2010 but, in irony of ironies, the expansion of oil drilling, specifically "fracking," resulted in the overall market for oil using the type of major oilfield piping and associated products the plant produced, and oil prices plummeted. You're right, the complete operation completely shuttered by May 2015.
USS/Kobe appeared when what I think was then known as USX merged its Lorain plant with Kobe in 1989. That didn't work out and in 1999 USX retained what became known as the Lorain Tubular Steel Operations and Republic took the steel bar mill. The plant expanded in 2010 but, in irony of ironies, the expansion of oil drilling, specifically "fracking," resulted in the overall market for oil using the type of major oilfield piping and associated products the plant produced, and oil prices plummeted. You're right, the complete operation completely shuttered by May 2015.