SeverCorr's CEO John Correnti said in a press release, "This is the announcement we've been eagerly waiting to make since the idea of building a steel mill began four years ago. To be able to say we are making steel less than two years after breaking ground is a testament to the dedication and hard work of the entire SeverCorr team."
The facility's state-of-the-art melt shop, designed to produce high quality exposed steel, uses an EAF furnace capable of melting 1.7 million tons of steel annually. The 74" wide hot mill will initially produce over 1.5 million tons a year in phase one of operations, of which 350,000 tons will be available for direct sale to customers in a gauge range of .054 to .500 inches. The balance of the hot bands will be further processed into hot rolled pickled and oiled products, cold rolled products, and substrate for the facility's galvanizing line which will be brought online in the coming months.
The company says that plans for an additional construction phase to expand capacity are currently in development.