Steel Mills

Nucor Acquires Century Tube
Written by Sandy Williams
April 16, 2019
Nucor Corp. has acquired Century Tube LLC, a supplier of carbon tubing for automotive, mechanical and structural applications.
Century Tube, based in Madison, Ind., offers round, square, rectangular, oval and other special welded shapes of mechanical steel tubing, and is a leader in supplying induction heat-treated tubes for automotive applications. The company has produced over 300 million door impact beams for use in Toyota, Honda, Ford, FCA, Subaru, Nissan and Mitsubishi vehicles since 1993.
Nucor spokeswoman Katherine Miller said the acquisition “builds on a series of successful acquisitions of pipe and tube producers we have made in recent years.”
“Century Tube, now operating as Nucor Tubular Products – Madison, LLC, is an excellent fit with our existing tubular products operations, providing new opportunities for us in the automotive market and adding another downstream channel to market for our steel mills,” said Miller. “Two years ago, we did not compete in the pipe and tube market, but now these products are a growing part of our business.”
Trinity Expansion
Another of Nucor’s tubular facilities will get an upgrade. Nucor Tubular Products announced the company will invest more than $27 million to expand its Trinity plant in Alabama. The facility will receive new production, finishing, processing and packaging equipment. Thirty-five new jobs will be added in the next three years.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Cliffs inks longer-term contracts with US automakers hedging tariff inflation: Report
Cleveland-Cliffs Inc. has reportedly signed "unusually long" fixed-price supply agreements with multiple US automakers.

USS, government officials give update on Clairton Coke Works incident
U.S. Steel, Allegheny County executive Sara Innamorato, and Pennsylvania Gov. Josh Shapiro clarified details from early reports about the Clairton Coke Works facility explosion just one day earlier.

Cliffs CEO reassures of Dearborn restart goal as UAW rallies to ‘Save the Rouge’
“We are committed to bring the hot-end back to full operation. The goal is to bring back to work all employees of the currently idled units as soon as we can," Chairman, President, and CEO Lourenco Goncalves said in a letter to colleagues on Wednesday.

USS Clairton Coke Works reports explosion
U.S. Steel’s Clairton Coke Works experienced a powerful blast at 10:51 a.m. local time on Monday. First reports suggest the explosion sparked a destructive fire at the site.

Nucor lowers HR coil spot price by $15/ton
Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.