Local ThyssenKrupp stainless officials have announced that ThyssenKrupp AG is not cancelling or further delaying its plans for a stainless steel melt shop at the company’s complex in Calvert, Alabama, US. The clarification followed an earlier release stating that the melt shop had been cancelled for now. In the announcement, the carbon steel division reiterated the possibility that it could delay the start-up of its part of the USD 4.65 billion Calvert complex, scheduled to begin production in early 2010. However, local carbon steel spokesman Scott Posey said construction continues on the carbon steel works, and that there has been no slowdown or delay in building activity. In Alabama, construction of the carbon steel plants for processing steel slabs produced in Brazil is on schedule. Budget for this project is USD 3.25 billion. Postponement of the start-up of the stainless steel plants by at least one year was already decided on before May 2009. In the face of current market conditions it is being considered to cancel the construction of an EAF (electric arc furnace) plant for stainless steel for now. A decision on this has not been taken yet.