Idled Warren steel plant to resume operations August 1 - News weather sports for Youngstown-Warren Ohio


Idled Warren steel plant to resume operations August 1

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Operators of an idled Warren steel plant plan to be back up and running again on August 1st.

The Public Utilities Commission of Ohio voted unanimously on Wednesday to approve a request by Warren Steel Holdings for lower electricity rates.

The plant and its 200 workers have been idle since March 25th. Owners of the plant cited a number of reasons for the shut down, but said the cost of electrical power was a major factor.

Company lawyers told the PUCO that they have three customers ready and willing to place orders.

Warren Steel operators said they needed to have the price they pay for electricity reduced by one-third in order to make the business profitable.

In documents filed with the PUCO, the company said that the rate it was paying for electricity was much higher than that of its predecessor, CSC Steel or any of it's competitors.

Warren Holdings said competitive electric pricing would enable the plant to invest in upgrades and increase production to one-million tons a year.

Warren Steel representatives say when they resume operations next week, they will do so with an equivalant of 309 full-time jobs.

First Energy made no objection to the request for a lower rate.

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