LUKENS SHIPS 11,000 TONS DURING WEEK OF NOV. 4
LUKENS SHIPS 11,000 TONS DURING WEEK OF NOV. 4 COATESVILLE, Pa., Nov. 12 /PRNewswire/ -- Lukens Steel Co. last week
shipped 11,000 tons of plate steel from its Coatesville and Conshohocken, Pa., steel mills, according to Robert Schaal, president and chief operating officer.
Schaal said shipments for the week beginning Nov. 4 exceeded those of previous weeks since the beginning of the steelworkers' strike, which is now in its seventh week. "Steel shipments have been progressing exceptionally well," Schaal said. "We indicated from the beginning that we will operate our facilities in Coatesville. We are serious about protecting the investments of our stockholders." Since the beginning of the labor dispute with the United Steelworkers, Lukens has shipped a total of 59,000 tons of steel from its plants. "Last week, we shipped about 75 percent of normal, pre- strike tons. By December 1, we should be at 85 percent," Schaal said. "The USWA apparently doesn't believe we have been able to function this well," Schaal said. "The union claims our figures are inflated and misleading. That is an obvious misjudgment." According to Schaal, the company also booked new orders for 10,200 tons of steel last week, bringing the total of new orders to more than 59,000 tons since the start of the strike. "Lukens is aggressively pursuing new orders for the 140-inch rolling mill in Coatesville and expects additional orders for that facility in subsequent weeks," Schaal said. Schaal said Lukens will continue to hire replacement workers in order to achieve a goal of running three shifts by Dec. 1. /delval/ -0- 11/12/91 /CONTACT: W. Evelyn Walker of Lukens, 215-383-2504/ (LUC) CO: Luken Steel Co. ST: Pennsylvania IN: MNG SU: CC -- PH029 -- 3520 11/12/91 14:17 EST
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|Date:||Nov 12, 1991|
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