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Warren Steel raises work force hours

Dec 16, 2013 | 04:20 PM |

Tags  steel, Warren Steel Holdings, Kentucky Electric Steel, rounds, rectangles, shifts, work hours, Gerdau Long Steel North America Optima Acquisitions

NEW YORK — Warren Steel Holdings LLC has increased its work force hours to meet a slight pickup in demand, the company said.

The Warren, Ohio, mill had reduced its crews’ total work hours in early October due to a short-term seasonal slowdown (, Oct. 11), but is now operating at full capacity.

"Due to a modest uptick in business conditions, which is uncommon for this time of year, Warren Steel Holdings has increased hours to better service its customers. The company does plan to maintain the current operating level going into 2014," a company spokesman told AMM via e-mail Dec. 16.

The mill had been running 32-hour-per-week shifts but is now increasing that to 40 hours per week, a source close to the situation said.

Warren Steel supports Ashland, Ky.-based merchant bar quality mini-mill Kentucky Electric Steel LLC "pretty fully" with billets, the source said. Kentucky Electric has seen unseasonably strong business recently, partially due to Tampa, Fla.-based Gerdau Long Steel North America’s closure of its Joliet, Ill., merchant bar mill, requiring more material from Warren.

The company had said in October that it could increase hours when demand picks up again.

Warren Steel Holdings, an affiliate of Optima Acquisitions LLC, produces continuous-cast rounds, squares and rectangles. It has an annual capacity of 500,000 tons, according to its website.

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