Article: TRICO STEEL BEGINS CONSTRUCTION OF FLAT ROLLED STEEL PLANT

DECATUR, Ala., June 15 /PRNewswire/ -- Trico Steel Company today announced that it has begun construction of a new, 2.2 million tons/year steel sheet mini-mill facility near the City of Decatur in Morgan County, Alabama. Trico Steel is a joint venture of The LTV Corporation (NYSE: LTV), Sumitomo Metal Industries, Ltd., and British Steel, plc. Construction of the $450 million facility will be completed in about 18 months and startup of the new plant will occur in early 1997. The company will employ approximately 300 people.

W. G. Wiley, Trico Steel's president and chief executive officer said, "We are most favorably impressed with Alabama's long term commitment to ...

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