JSW Steel USA Ohio confirmed it will temporarily idle its operations at Mingo Junction due to weak market demand. Employee layoffs are scheduled for July and August with workers to be called back once market conditions improve and operations resume.
“Unfortunately, market conditions in carbon flat rolled steel consuming sectors have deteriorated further since we restarted operations at Mingo Junction in June after a two-month outage,” said Mike Panzeri, chief operations officer.
During the interim, JSW will focus on completing the modernization of its Enova Consteel electric arc furnace.
The EAF at Mingo Junction has a 1.5 million metric ton capacity, but has been operating at 50 percent due to maintenance and reduced demand. The upgraded EAF will be able to produce 12-inch slabs that will supply JSW’s Baytown, Texas, mill. Project completion is anticipated in early 2021.
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