SeverCorr

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SeverCorr Corporation, previously known as SteelCorr, was founded by a group of steel executives including former Nucor Corporation CEO John Correnti. It specializes in "mini-mill" plants, designed to recycle steel into new products suitable for the automobile industry. Its first plant is being built outside Columbus, Mississippi, next to Golden Triangle Regional Airport. The Russian steel company Severstal is a major investor in the company. The mill is expected to be completed by the autumn of 2007.

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