Steel Products
Nucor Plans Steel Bar Micro Mill, Merchant Bar Expansion
Written by Sandy Williams
September 16, 2017
Nucor is checking out five states in the Midwest and Southeast as potential sites for a new steel bar micro mill project. Locations in Nebraska, Kansas, Missouri, South Carolina and Florida are under consideration. The board of directors also approved an expansion of Nucor’s existing merchant bar operations in either Illinois or Ohio.
The new micro mill and expansion are part of Nucor’s planned strategy for long-term profitable growth.
“By leveraging Nucor’s existing operating abilities, these projects will maintain our position as a low-cost producer and will allow us to better serve our customers,” said Nucor in a press release.
{loadposition reserved_message}
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
Worthington Enterprises buys Elgen Manufacturing
Worthington Enterprises acquires HVAC products maker Elgen Manufacturing.
Northwest Pipe changes name to NWPX Infrastructure
Northwest Pipe changes name to NWPX Infrastructure.
Tariffs, ample domestic supply cause importers to shift or cancel HR import orders
Subdued demand is causing importers to cancel hot-rolled (HR) coil orders and renegotiate the terms of shipments currently enroute to the US, importers say. An executive for a large overseas mill said customers might find it difficult to justify making imports buys after US President Donald Trump doubled the 25% Section 232 tariff on imported steel […]
Drilling activity slows in the US, grows in Canada
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US totals slipped for a sixth straight week, while Canada saw a slight bump in activity.
Commerce finds no Korean OCTG shipments below market value
US Department of Commerce (Commerce) review found no South Korean oil country tubular goods (OCTG) exporters or producers sold products below market value