Steel Mills

Majestic to Build New Service Center at Nucor Steel Arkansas
Written by Michael Cowden
August 31, 2021
Majestic Steel USA will build a new service center, processing facility and master distribution site on the campus of Nucor Steel Arkansas.
The Cleveland-based service center said the new location in Blytheville, Ark., would allow it to better serve customers in the central and southern U.S.
The facility – expected to be fully operational by the end of 2022 – will also benefit from being near a new galvanizing line that Nucor is building at Nucor Steel Arkansas, Majestic said in a press release on Monday, Aug. 30.
“Our intention with this investment is to offer our customers in the region the combined benefit of localized service and national resources,” Majestic President and CEO Todd Leebow said.
The new service center is also expected to create approximately 225 jobs.
“This partnership with Majestic brings economic development and jobs to our local community and is an example of the positive economic impact generated by steel industry investment,” Nucor Steel Arkansas Vice President and General Manager Troy Brooks said.
Majestic has been aggressively expanding over the last year not just in the Midwest and South but also on the West Coast.
The company earlier this month announced that it had acquired West Coast service center Merit Steel USA to expand its presence in the region. That came after Majestic late last year acquired a Las Vegas-based steel service center and processor P&S Metals and Supply.
By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden
Read more from Michael CowdenLatest in Steel Mills

Algoma looks to sell more steel in Canada in wake of Trump’s tariffs
The Canadian steelmaker said its absorbing higher tariffs as it moves forward.

Ancora abandons plan to take over leadership of USS
Investment firm Ancora Holdings Group has halted its play for U.S. Steel's board, citing Nippon Steel’s proposed bid for USS “gaining momentum.”

Ancora says plan for USS would yield higher value than Nippon deal
Ancora’s intention to replace U.S. Steel's leadership was first announced in late January.

Trump orders new CFIUS review for USS
President Trump has ordered a new review of Nippon Steel’s proposed buy of U.S. Steel, to be completed within 45 days.

Nucor’s Utermark to retire in June
Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.