Nov. 27, 2013
Republic Commissions New EAF at Lorain Mill
SBQ supplier Republic Steel has initiated hot commissioning of the new electric arc furnace at its facility in Lorain, Ohio. The initial heats will be cast into 6-inch by 6-inch billets and will be rolled on the 9/10-inch rolling mill, also at the Lorain plant.
Production on the billet caster is expected to ramp up over the next several months, with bloom cast production beginning in February 2014.
The $85 million capital project will provide more than 1 million tons of steel annually for the production of bloom and billet cast semi-finished bar and coil products. The project will create nearly 450 full-time jobs over the next several years. The existing 489 jobs in Lorain will be retained.
"This latest investment in Republic Steel demonstrates our commitment to exceeding our customers' expectations and satisfying both their current and future volume requirements," says Jaime Vigil, Republic Steel president and CEO. "It is an exciting day for our Lorain plant, which discontinued steel production in December 2008 and is now back in the steelmaking business."