Liberty Steel says it will continue to operate its Georgetown facility under “care and maintenance” due to the ongoing challenging market conditions.
The company idled Georgetown in April with expectations of reopening in three months. Approximately 130 employees and contractors were laid off.
“A skeleton staff will continue to manage the care and maintenance program. In the meantime, customer orders for wire rod will be fulfilled from Liberty’s steelworks in Peoria, Ill.,” said an updated statement from the company.
Liberty Steel Georgetown is an integrated steel wire rod manufacturer located in South Carolina with an annual rolling capacity of 750,000 metric tons per year. The facility has two electric arc furnaces.
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