NEW YORK ArcelorMittal USA LLC plans to reopen its long product finishing facility in Harriman, Tenn., by April, the company said Jan. 2.
The Harriman facility will receive billets from the ArcelorMittal mini-mill in LaPlace, La., and reheat and roll them into light structural shapes and merchant bars for the construction market. The reopening of the mill will expand ArcelorMittals long product portfolio by producing 1- to 3-inch angles and 1- to 4-inch flats.
"This is an exciting development for the ArcelorMittal family and the Harriman region, serving as another indication of the strength and resiliency of American manufacturing and the U.S. steel industry," ArcelorMittal Long Carbon North America chief executive officer P.S. Venkataramanan said.
The facility was closed in early 2011 due to poor market conditions and the extra transportation costs incurred by shipping billets through third-party stevedores, the company said at the time (amm.com, March 27).
But construction markets have seen steady improvement, with indicators showing growth and rebar and merchant bar market participants reporting improving demand and extended mill lead times.
"When a company like ArcelorMittal is able to restart its operations, it gives the community a tremendous sense of revival and renewed momentum," Tennessee Economic and Community Development commissioner Bill Hagerty said.
Harriman has a capacity of 250,000 tons per year, according to the Association for Iron and Steel Technology. The facility will bring in 61 employees over the next two years.