Question-and-Answer Session
Operator
Thank you. (Operator Instructions). We'll go to Eric Prouty from Canaccord.
Eric Prouty - Canaccord Adams
Great, thanks guys. Good quarter considering what the marketing ended yet. One housekeeping questions, first up there, could you just give us a little update with this new reduction in your -- the expected to cost to Barnwell given the $15 million you've already spent. How much do you think is remaining to get that plant up and running?
James Hensler III
Yeah, our current estimate is we think we can get this project completed for under 70 million. Originally, we thought this project was going to be about 87, 88 million and we've taking control of the project rather than using it as general contractor and we've been able to -- from what we've seen so far bidding out pieces of it, taking advantage of this construction environment been able to get substantially lower prices than we expected.
We will have spent or committed roughly half of that amount by the end of this quarter. And so we will be sitting there and you can see from our website to take a look at it, we have actually both kilns up and erected right now.
And so the remaining work to be done is relatively -- it's about half the spending but it's work that is really sort of in common to both kilns, the unloading facilities, the Baghouse facilities and obviously the buildings and so on they go along there, and we're going to time the pace at which we do that work with how we see market conditions developing.
We are sitting in a situation right now, Eric, where if steel production got back to what we would like to call a normal level, we're probably a little over committed right now from a capacity standpoint. And we do need this Barnwell capacity to come online before the steel industry gets back to kind of a normal production level. So we're monitoring that very closely and we'll be sort of committing further releases of cash based upon how we see the market developing.
Eric Prouty - Canaccord Adams
Right. So is the 70 million the total amount? So would that being inclusive of the 15 or on top of the 15 you've already spent?
Robert Scherich
The 70 and actually the number is probably little closer to 68 is the total amount including what we've already spent.
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