Idled steel plant needs reduced utility costs
A steel plant idled March 25 is counting on reduced utility costs to restart operations.
According to The Vindicator’s broadcast partner, 21 WFMJ-TV, Warren Steel Holdings lawyers asked the Public Utilities Commission of Ohio for a lower price Thursday. The company pointed to utility costs as a primary reason for its shutdown. It hopes to cut costs by one-third to make the business profitable.
The lawyers told the commission during a hearing Thursday they have three customers with orders awaiting the plant’s reopening.
According to a hearing transcript, the company believes restarting the plant would bring in the equivalent of 309 full-time jobs.
The company has asked the PUCO to make a quick decision on the matter. No date was set, however.