Lorain officials say the long-dormant Republic Steel property in South Lorain may see new life, with the city announcing that Republic Steel’s parent company, Grupo Simec, has been in discussions with international steel producers about launching operations in Lorain.
City leaders described the talks as preliminary but promising, noting that current global tariff conditions have made U.S. production more attractive to steel manufacturers. Lorain’s available industrial land, river and rail access, and proximity to major markets were cited as factors drawing interest to the South Lorain site.
Preliminary information shared with the city indicates the project could bring 500 to 1,200 jobs if the companies involved choose to move forward, marking what could be one of the most significant industrial revitalization efforts in the region in recent years.
Grupo Simec, headquartered in Guadalajara, acquired Republic Steel in the mid-2000s. While full production at the Lorain mill ceased years ago, the company has continued to maintain the property. City officials said the parent company has been working with FirstEnergy to determine whether sufficient power capacity can be delivered to support a modern steel operation at the site.
Mayor Jack Bradley expressed optimism about Lorain’s position as discussions continue, noting that interest in domestic steel production has increased. He said the city is encouraged by outside companies viewing Lorain as a potential production hub.
The city said additional details will be released as negotiations progress and more information becomes available.