Steel Products Prices North America
Bull Moose to Build Tube Mill on SDI’s Texas Campus
Written by Tim Triplett
June 4, 2021
Bull Moose Tube Co. has joined the list of companies planning to set up shop adjacent to Steel Dynamics’ new flat-rolled mill in Sinton, Texas. The tubing manufacturer announced plans to build a plant with an annual capacity of 350,000 tons to produce hollow structural sections (HSS) and sprinkler pipe. The new mill is expected to start production in early 2023.
“BMT is excited to build in Sinton, Texas, and partner with Steel Dynamics. It will expand our geographic footprint and allow us to better serve customers not only in the Southwest, West Coast and Mexico markets, but across the entire business,” said Tom Modrowski, Bull Moose president and CEO.
He called the new mill “transformational” in its wide range of product capabilities. It will produce tubing in sizes from 4” to 14” square, 5” to 18” round, up to 80 feet in length and thicknesses ranging from 0.187” to 0.750”. The SMS Group will provide the design, automation and implementation of the new mill.
“Expanding our capacity, capabilities and flexibility will increase BMT’s market share in large HSS sizes and ensure our continued and expanded leadership position in the sprinkler pipe market,” Modrowski added.
SDI expects to begin production on its new Texas EAF mill late this summer, which will offer a ready source of the flat-rolled steel BMT uses to make its pipe and tube products.
Bull Moose Tube, based in Chesterfield, Mo., is part of the Caparo Bull Moose group. The company operates from seven plants – six in the U.S. (Chicago Heights, Ill.; Elkhart, Ind.; Gerald, Mo.; Masury, Ohio; Trenton, Ga.; and Casa Grande, Ariz.) and one in Canada (Burlington, Ontario). The company offers one of the largest ranges of welded steel tubing in North America, serving such markets as construction, transportation, fire protection, and lawn and garden equipment.
Tim Triplett
Read more from Tim TriplettLatest in Steel Products Prices North America
Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.
SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.
Nucor spot HR list price unchanged at $875/ton
Nucor kept its weekly list price for hot-rolled (HR) coil unchanged this week, following a price bump of $10 per short ton (st) last week.