Warren Steel lands lower power rate
Jul 23, 2014 | 07:08 PM
| Michael Cowden
CHICAGO Warren Steel Holdings LLC has received approval from Ohio regulators for a lower power rate and is gearing up to restart operations Aug. 1, it said.
The discounted electric rate is on par with those already received by electric-arc furnace producers in Ohio and other states, the Warren, Ohio-based steelmaker said July 23.
A reduced rate also will allow Warren Steel to compete with out-of-state steel producers and make partnerships with other Ohio steel companies, the steelmaker said.....
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