Market Segment
Cargill To Build Steel Processing Plant in Colorado
Written by Sandy Williams
January 9, 2014
Cargill will build its eighth U.S. steel processing center in response to increased demand for carbon steel sheet & coil products used in the manufacturing and shale oil and gas industry in Northern Colorado. The hot-rolled steel processing facility, located 60 miles north of Denver in Windsor, will begin construction in early 2014 and provide 25 new jobs over the next three years.
The 60,000 square foot plant will process hot rolled steel coils into cut-to-length steel sheet and plate products in thicknesses from 16-gauge (.054 inches) up to one-half inch, in widths from 48 inches to 72 inches wide, in standard and custom lengths for customers in 15 western and Midwestern states. It will also serve as a distribution center for laser quality, ultra-flat RPS® steel product produced at Cargill’s Granite City, Ill., facilities and hot rolled cut-to-length sheet and plate from its Port of Catoosa, Okla., facility.
The plant will be located in the Great Western Industrial Park and near the oil and gas rich DJ Basin in Northern Colorado.
Sandy Williams
Read more from Sandy WilliamsLatest in Market Segment
Nucor targets ‘white hot’ data center boom
With infrastructure demand shifting toward digital capacity, Nucor Corp. is positioning itself as the go-to steel supplier for the data center boom.
Gerdau’s N. American earnings rise in Q3 due to fall in imports
Gerdau’s North American profits rose in the third quarter, boosted by a decline in imports due to Section 232 steel tariffs.
Ternium swings to Q3 loss, eyes 2026 recovery
Ternium closed the third quarter with steady shipments and improving margins. But trade policy uncertainty and subdued demand in Mexico weighed on the Latin American steelmaker’s results.
SMU Mill Order Index fell in September
SMU’s Mill Order Index declined in September after repeated gains from June through August. The shift came as service center shipping rates and inventories fell.
Algoma’s losses widen in Q3 as tariff troubles continue
Algoma Steel’s net loss more than quadrupled in the third quarter on trade woes and its EAF transition. Separately, the company announced a change in leadership, as CEO Michael Garcia will retire at the end of the year.