To boost its steel production, Youngstown Sheet & Tube Co. last week announced a $90 million expansion of its East Chicago (Ind.) mill. With 75 new coke ovens and a new 1,400-ton blast furnace, the new plant will raise Youngstown's steel ingot capacity by 20%, its pig iron capacity by 15%. When the new ovens are finished, Youngstown will move from sixth place among the steelmakers into a tie with fifth-place National Steel Corp. (capacity of each: 5,200,000 tons).
Youngstown's expansion is part of a $470 million program by 18 U.S. steel...
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