UK-based structural steel producer Severfield-Rowen has announced that JSW Severfield Structures, its joint venture with Indian steelmaker JSW Steel, will commission its plant in August with full output levels being engaged around the turn of the year.
Speaking at the company's annual general meeting on June 3, Severfield-Rowen CEO Tom Haughey announced the commissioning date, adding that the joint venture has won its first contracts in the industrial sector, the mix of which is ideally suited to the commissioning requirements of the new operation.
"The company remains cautious in its outlook for UK demand but is satisfied with the strength and quality of its order book which now stands at £247 million and provides high levels of activity across its operations throughout 2010 and into early 2011," Mr. Haughey also said.