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    CRU

    October 16, 2023

    CRU: Grupo Simec Shuts Two Republic Steel Mills For Good

    Written by Steve Garnsey

    Specialty steel producer Grupo Simec has permanently closed down its Republic Steel mills in Canton, Ohio, and Lackawanna, in New York state, it has emerged.

    In August, the company blamed an extremely challenging special bar quality (SBQ) market, competitive market pricing, decreased demand, higher input costs, and the general inflationary environment for an indefinite idling. Around 500 employees were furloughed.

    Steve Garnsey

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