By JACK WEATHERLY Steel Dynamics Inc. announced Thursday it will carry out a $100 million expansion of its Columbus plant, which currently employs 630 and will add 40 more with the addition of a facility for painting and applying a patented galvanizing process. The plant was acquired from Severstal North America, Russian corporation, in 2014. The facility produces sheet steel products consisting of ...Read More »
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By JACK WEATHERLY Former Gov. Haley Barbour predicts that Mississippi Power Co.’s Kemper County coal-powered plant will in the long run rival the performance of Entergy’s Grand Gulf nuclear plant in Port Gibson. “Grand Gulf took more than twice as long to build and cost more than twice as much [as originally planned]. And after it went online it initially caused ...Read More »
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 AK Steel. Severstal, one of ...Read More »
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 over a 2011 oil well ...Read More »