Republic Steel has restarted raw steel production on the No. 7
furnace at its Canton, Ohio, melt shop following an Aug. 2
The special bar
quality (SBQ) products producer is also on track to start cold
commissioning later this month on its new electric-arc furnace
and other steel refining and casting operations at the Lorain,
Ohio, plant, with production expected to ramp up during the
capital project at Lorain will provide more than 1 million tons
of liquid steel for the production of bloom and billet cast
semifinished, bar and coil products, and will ultimately create
nearly 450 full-time jobs over the next several years.
capacity will support increased market demand from both the
automotive and energy markets, president and chief executive
officer Jaime Vigil said Sept. 18.
The 47-day furnace
outage didnt cause any disruption in availability to the
spot market, buyers indicated over the past few weeks, as there
was finished SBQ inventory in the supply chain.