Steel Mills
Liberty Steel Extends Georgetown Idle
Written by Sandy Williams
July 29, 2020
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.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Algoma fires up EAF steelmaking with first arc
Algoma Steel reached a milestone in its transformation from blast furnace to electric arc furnace (EAF) steelmaking, with its Unit One EAF achieving its first steel production this week.
Nucor holds HR list price at $910/ton
Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.
Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.
Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.