Feb. 1, 2017

Charter Steel to Build New SBQ Mill in Ohio

Charter Steel will build a new special bar quality mill adjacent to its existing coil mill and steelmaking operations in Cuyahoga Heights, Ohio. The SBQ project is expected to cost $150 million, making it the largest investment in the family-owned company’s 81-year history.

The new, highly automated rolling mill will use precision sizing to produce SBQ diameters from 0.750 to 3.250 inches in bar lengths from 12 to 50 feet. The company expects the new mill to go online in the second half of 2018.

John W. Mellowes, CEO of parent company Charter Manufacturing Co., Inc., says the project will support Charter Steel’s desire to serve new markets and add production flexibility. “Growth and continuous improvement are in Charter’s DNA,” he says. “We see an opportunity here to grow by leveraging a very successful high-service model, coupled with advanced steelmaking, to serve both existing and prospective new customers with an engineered, cut-length bar.”

As part of the investment, Charter will add new coil finishing assets at its existing operation. Those upgrades “will enhance our coil package, our surface quality and our flexibility to roll more sizes more often—coiled or straight,” he adds.

Charter Steel has produced SBQ coiled-rod and coiled-bar products in Cuyahoga Heights since 2002. The company has invested more than $250 million in the last 10 years to bring new steelmaking assets and technology to the site, including an electric arc furnace, ladle metallurgical refinement, deep vacuum tank degassing and an advanced billet caster producing 7- by 7-inch semi-finished product.

Charter operates two steelmaking facilities, in Cuyahoga Heights and Saukville, Wis., plus a distribution facility in Fostoria, Ohio. Construction on the new mill, to begin this spring, will not disrupt existing operations, the company says.


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Tuesday, October 24, 2017