Steel Mills

CMC to open rebar fabrication facility in Ohio
Written by Laura Miller
July 11, 2024
Longs producer and metal recycler CMC plans to open a new rebar fabrication plant in Akron, Ohio.
The company will renovate an existing, vacant facility, according to a press release from Team NEO, a private, nonprofit economic development organization in Northeast Ohio.
“The county is pleased to be providing critical on-the-job training grant funding to CMC to help the company fill new, good-paying jobs available to our residents,” commented Summit County Executive Ilene Shapiro.
Team NEO said CMC will hire up to 50 new employees over the course of five years as it grows its operations.
According to its website, CMC Rebar currently has two facilities in Ohio: One in Akron and another in Hamilton.
Irving, Texas-based CMC did not respond to a request for additional information.

Laura Miller
Read more from Laura MillerLatest in Steel Mills

Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.

Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.

Cliffs to idle Dearborn blast furnace, restart Cleveland furnace by July
Cleveland-Cliffs has decided to idle the steelmaking operations at its Dearborn Works in Michigan due to weak automotive demand.

AISI: Raw steel production slipped last week
Raw steel mill output declined last week for the second-consecutive week, according to the American Iron and Steel Institute (AISI).

Hyundai formalizes plan to build $5.8B steel mill in Louisiana
South Korea’s Hyundai has formally announced a nearly $6-billion investment to build a steel mill in Louisiana to supply steel for the company’s automotive interests in the southeastern US.