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Bayou Steel Corporation owns and operates a
steel minimill located on the Mississippi River in LaPlace, Louisiana, 35 miles northwest
of New Orleans, Louisiana and a rolling mill in Harriman, Tennessee, 37 miles west of
Knoxville.
The Company's principal raw material, scrap steel, is melted in
electric arc furnaces and continuously cast into billets, then rolled on its two rolling
mills into a variety of bars and structural steel shapes. Currently, the Company rolls
angles, channels, flats, standard beams, wide-flange beams, rounds, and squares. The
products are sold principally to steel service centers that supply various end-users in
manufacturing and construction. The Company has over 551 customers in 44 states, Canada,
and Mexico. The Company also, occasionally, ships both billets and shapes overseas.
The Company has four modern warehouses located at strategic points
along the inland waterway system and an additional warehouse in Tennessee, creating a wide
geographic market for product distribution. The Company ships substantial quantities of
billets and structural steel shapes and receives scrap steel using barge transportation.
The Company also utilizes technologically advanced equipment, resulting in product
flexibility and significant operating efficiencies. The high productivity of its
employees, together with the modern equipment, enable the Company to produce high quality
products at a low cost.
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