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Liberty Steel USA Planning Investing at Georgetown Steelworks

Steel News - Published on Wed, 09 Oct 2019

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WCIV reported that Liberty Steel USA is planning on making a multi-million dollar investment in its liquid steel production facilities at Georgetown, South Carolina. The company is planning to invest up to USD 25 million dollars to install a modern electric arc furnace at the Georgetown mill, as well as extensively improve the infrastructure of the mill’s melt shop. The goal is to boost output substantially and secure the long-term future of the mill. The mill re-opened over a year ago. Mr Michael Setterdahl, CEO of Liberty Steel USA said that “We have a very efficient rolling mill at Georgetown and we now want to put a world-class melt shop behind it so we can achieve our goal to become the leading supplier of wire rod to the region and secure the long-term future of the site.”

Mr James Sanderson, United Steelworkers Union President at Georgetown said that “Our members at Liberty are very encouraged by the news that there is going to be a big investment in the melt shop. Since the mill re-opened last year, they’ve worked hard to give it a successful future and their efforts have given Liberty the confidence to make this important long-term commitment to Georgetown.”

In addition to the installation of a new electric arc furnace, Liberty says the investment project will include new electrical systems, improvements to water and natural gas supply and ancillary equipment to support improved melt shop operations, along with environmental permits for modifications to regulated processes.

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Posted By : Rabi Wangkhem on Wed, 09 Oct 2019
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