In December 2019, MoreThanTheCurve.com reported that the steel plant in Conshohocken was for sale and that due to military contracts some jobs may come back to the plant. While the plant owner, ArcelorMittal USA, has not yet sold the plant, there is some new information on potential buyers. From FastMarkets.com:
Liberty Steel Group, the United Kingdom-based company keen to expand in the United States, is among at least four prospective buyers who have visited the two facilities in Coatesville and Conshohocken, USW Local 9462 president Kameen Thompson told Fastmarkets AMM on Friday January 3.
Production at the 500,000-ton-per-year plate rolling mill at Conshohocken has been idled since 2018. The Coatesville mill can produce 900,000 tons of raw steel and is a producer of wide, thick and heavy plate.
“Recently we found out that we may be sold,” Thompson said. As a prospective buyer, “Liberty definitely had strong interest, but there are about three or four others that I’m not sure of who they are.”
Read the full article here.
Those interested in the history of the steel plant in Conshohocken might be interested in merchandise bearing the original name of Alan Wood Steel. Shop here.