Nov. 27, 2013
Gerdau to Close Joliet Plant
Gerdau has announced plans to close its Joliet, Ill., rolling mill by the end of the year. The company says the facility, included as part of its Sheffield Steel acquisition in 2006, is no longer competitive.
The Joliet facility had been producing about 24,000 tons per year of flats and squares, representing less than 1 percent of the company’s production capacity in North America. “Gerdau has already shifted large volumes to its North American network of mills and will continue to transfer product offerings,” says Gerdau spokeswoman Kim Selph.
Gerdau Long Steel North America operates 17 other production facilities in the United States and Canada. Its parent, based in Brazil, is one of the leading producers of long products in the world.