Posts Tagged ‘steel’

Senators push for protecting steel producers from imported rebar

WASHINGTON, D.C. – U.S. Sens. Thad Cochran (R-Miss.) and Roger Wicker (R-Miss.) are supporting efforts that they say will ensure that U.S. steel producers in Mississippi and other states are protected from imported steel reinforcing bar, or “rebar.” Cochran and Wicker are encouraging Meredith Broadbent, chairman of the U.S. International Trade Commission (ITC), to protect […] [...]

Severstal completes the sale of Columbus plant to Steel Dynamics

COLUMBUS — Russian steel company Severstal has completed its sale of a pair of steel plants to AK Steel and Steel Dynamics. In a statement from Severstal’s press office, CEO Alexey Mordashov confirmed yesterday the sale of Severstal Columbus, LLC, which is located in northeast Mississippi, to Steel Dynamics Inc. and Severstal Dearborn, LLC to […] [...]

Severstal-Columbus fined for faulty pollution-control system

COLUMBUS — The Mississippi Department of Environmental Quality has fined Columbus steel mill Severstal $135,000 because the company’s pollution-control monitors didn’t function properly after the plant expanded in June 2011. The company agreed to pay the fine May 12. It’s the largest environmental fine assessed by Mississippi since it fined Denbury Resources $662,500 last year […] [...]

Great River Industries moving headquarters to Natchez

NATCHEZ — Great River Industries, formerly known as Enersteel, is expanding its operations in Natchez by locating its corporate headquarters there and adding 12,000 square feet of manufacturing space. The project represents a corporate investment of $4 million and will create 25 new jobs. Additionally, the company will retain the facility’s existing 150 employees. Great […] [...]

Severstal selling plants, including Severstal Columbus

COLUMBUS — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Word of a possible sale began to circulate earlier this year as the West threatened sanctions against Russia for its activity in the Ukraine, but Severstal has not […] [...]

Steel-maker gets check for $2.5M for energy efficiencies

COLUMBUS — The Tennessee Valley Authority, along with Gov. Phil Bryant, presented a check yesterday for more than $2.5 million to Severstal North America for achieving energy efficiencies at its Columbus plant through TVA’s Major Industrial Program. The TVA program encourages reductions in electric energy intensity in large industrial facilities having greater than 5 megawatts of contract […] [...]

Steel processor to site plant in Attala County

KOSCIUSKO — Attala Steel Industries is unveiling a new facility. The $5-million galvanizing facility will allow the company to coat steel, in addition to the steel processing it already does at the Kosciusko facility. The company has 34 employees and plans to hire 11 more. Attala Steel invested $5 million in the project. Gov. Phil […] [...]

Enerfab unveils plans for yet another expansion

NATCHEZ — Enerfab Inc. plans a second expansion in less than a year at its Enersteel operation in Natchez. The $10-million investment, announced yesterday, is projected to create at least 45 jobs, raising the company’s employment total above 150. That comes on top of an $11-million, 20-job expansion announced in May. The company opened its […] [...]

Supervisors award infrastructure contracts for steel plant expansion

COLUMBUS — Lowndes County supervisors have awarded contracts for an access road, rail spur and loading pad portions of the expansion for the local Mississippi Steel Processing plant. The Commercial Dispatch reports the board accepted recommendations from county engineer Bob Calvert on the contracts. Okolona-based Ausbern Construction was selected to build the access road after […] [...]

Building materials prices go in opposite directions

by Published: July 19,2013

Tags: building materials, commodities, iron, lumber, steel

Up and down While the cost of some materials has risen, others have decreased over the past three months. Here is breakdown of prices: » Following an 8.2 percent drop in May, softwood lumber prices fell 5.6 percent in June and are down 11.2 percent for the quarter. However, they remain 8 percent higher compared […] [...]

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