Below is the text of a press release issued this afternoon by RG Steel, confirming what Brew readers knew Friday morning.

Still no word from the company about whether it has been refinanced by its bankers – or found another source of investment succor – to alleviate the “liquidity crisis” that shut the L furnace and closed steelmaking at Sparrows Point on December 22.

RG Steel announced today that the “L” blast furnace at its Sparrows Point plant has resumed operations. The “L” furnace is expected to reach normal operating rates within several days.

Steelmaking continued at the company’s Warren facility while the “L” furnace was idled; and downstream operations at Sparrows Point and Yorkville continued processing customer orders.

Customers have been notified that orders already on the books at Sparrows Point are being scheduled for production on an expedited basis. The company is accepting new orders and acknowledging new promise dates.