Steel Mills
Nucor Dedicates New Cold Mill
Written by Tim Triplett
April 12, 2018
The new cold mill complex at Nucor Steel Arkansas is now expected to start up in the first half of 2019, said the company. Nucor executives and state and local officials gathered at the facility for a ribbon cutting event yesterday.
Nucor announced the new $230 million cold mill in September 2016 and said it would expand the company’s capacity to make automotive grade steel. The mill will produce specialty grade steels including third generation advanced high-strength steel, high-strength low-alloy steels and high-efficiency electrical steel. The expansion will increase production by 650,000 tons per year.
High-end automotive steel is a growth market. Ducker Worldwide estimates the auto market will consume four million tons of advanced- and ultra-high-strength steels annually by 2025.
Tim Triplett
Read more from Tim TriplettLatest in Steel Mills
Primetals to replace two EAFs at US mill
Primetals Technologies will be replacing two electric-arc furnaces at a steel mill in the US with one more energy-efficient furnace.
Nippon’s Mori meets with Pa. Gov. Shapiro: Report
Nori, a top Nippon Steel official, met on Tuesday with Pennsylvania's governor, to discuss its proposed acquisition of U.S. Steel.
Nippon won’t import slabs to US if U.S. Steel deal goes through
Nippon Steel has affirmed that if its $14.9-billion bid for U.S. Steel proves successful, the Japanese steelmaker will not import overseas-produced slabs to the US.
AISI: Raw steel production falls to 5-week low
Domestic raw steel mill production slipped to a five-week low last week, according to the latest figures released by the American Iron and Steel Institute (AISI). Weekly production is now at the third-lowest level recorded this year.
Nucor maintains HR price at $750/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was unchanged week on week (w/w) at $750 per short ton (st) on Monday, Nov. 18.