According to WVNews, the Steel Dynamics subsidiary is closing the meltshop, which dates to the 1950s, because it has reached the end of its life cycle. Meanwhile, the company will look to improve the rolling mills’ productivity and efficiency of through the investment plan. 

“By optimizing our rolling mill operations and using readily available domestic steel billets, we believe we will be positioned to achieve a sustainable profit profile that supports continued operations, meets customer demand, and supports meaningful manufacturing jobs,” Steel of West Virginia general manager Michael Winarta. 

WVNews has more here.