CHICAGO Republic Steel
has signed a five-year supply deal with U.S. Steel Corp. to
provide tube rounds to the steelmakers tubular products
division, according to Mexicos Grupo Simec SAB de CV,
Republics parent company.
Canton, Ohio-based Republic has
agreed to supply a minimum of 225,000 tons of tube rounds
annually starting in January 2014, but that could reach as high
as 450,000 tons, the company said. The steel will be produced
in the new electric-arc furnace that is being installed at
Republics plant in Lorain, Ohio. The new melt shop will
have an annual capacity of 1.2 million tons and will start
operations in the second half of this year.
U.S. Steel declined to
Pittsburgh-based U.S. Steel has tubing operations in Lorain;
Fairfield, Ala.; McKeesport, Pa.; Wheeling, W.Va.; and Texas,
where it has four facilities.