NEW YORK Attala Steel Industries LLC has opened a $5-million steel galvanizing plant to complement its steel mill and fabrication facility in Kosciusko, Miss.
"We wanted to provide a finished product to our customers," Attala general manager Mark Lindsey told AMM.
Attala, which produces steel I-beams used primarily in the solar industry, has seen increased demand in solar technology and federal highway systems, he said, adding that it closed its former galvanizing plant so it could expand its current facility.
The 30,000-square-foot plant began production less than two months ago, and Attala has been buying spot special-high-grade zinc from Australia, where it is cheaper, Lindsey said.
The London Metal Exchange cash price for zinc closed at $1,828 per tonne (82.9 cents per pound) Oct. 2, down 2.8 percent from $1,880 per tonne (85.3 cents per pound) Sept. 27. Delivered premiums also fell to 8 to 9 cents per pound Sept. 26 from 9 to 10 cents previously (amm.com, Sept. 27).
The company may enter into a contract next year and will look at U.S.-based suppliers as well, Lindsey said.