LORAIN, Ohio (November 12, 2014) -- Republic Steel, the nation’s leading provider of special bar quality (SBQ) steel, has now produced its 1,000th heat at the Lorain, Ohio plant after a $120 million capital investment for a new electric arc furnace.
Melt shop production has continued to increase since the start up in February of this year utilizing the billet caster. The bloom caster has now completed commissioning and is in production mode.
The electric arc furnace increases Republic’s steel production capacity by one million tons annually and will allow Republic to increase production on both the Lorain 9”-10” rolling mill for coil product and the 20” rolling mill for large bars, improving delivery performance and reducing lead times.
The company’s melt shop in Canton, Ohio can now focus on increasing the supply of bloom cast re-rolled billets to the Lackawanna 13” rolling mill which primarily serves the growing automotive market.
About Republic Steel
Republic Steel is North America’s leading supplier of special bar quality (SBQ) steel, a highly engineered product used in axles, drive trains, suspensions, and other critical components of automobiles, off-highway vehicles, and industrial equipment. Republic’s products include hot-rolled steel bars, cold-finished steel bars, and bottom-poured ingots. With headquarters in Canton, Ohio, and steelmaking capabilities in Canton and Lorain, Ohio, the company operates value-added rolling and finishing facilities in Canton, Lorain, and Massillon, Ohio; Lackawanna, N.Y.; Gary, Ind.; and Hamilton, Ontario. Republic employs approximately 1,800 people.