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Liberty Steel looking to Restart Georgetown Melt Shop

Steel News - Published on Mon, 24 Feb 2020

Image Source: Liberty Steel Georgetown
Post and Courier reported that Liberty Steel continues to mull over the future of Georgetown plant’s melt shop as it tries to balance financial realities with the goal of bringing the site back to full production. Liberty Steel Georgetown shut down the shop in September, saying it needs to invest USD 25 million to replace aging equipment as the mill hits the half-century mark. Among the planned work: a new electric-arc furnace; improvements to the water and natural gas lines; a new electrical system; and strengthening the building’s foundation. That work is yet to begin.

The mill is still producing wire rod by taking steel made at a sister plant in Peoria and processing it through Georgetown’s hot rolling mill.

Meanwhile, some of the mill’s roughly 150 workers are spending their days sprucing up the landscaping and dismantling an old direct-reduced iron facility that neighbors have called an eyesore. It’s all an attempt to avoid laying off employees, even if they aren’t actively making steel.

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Posted By : Yogender Pancholi on Mon, 24 Feb 2020
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