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

SMU price ranges: Flat-rolled balloon continues to leak
Sheet and plate prices were flat or lower again this week on continued concerns about demand and higher production rates among US mills.

HRC vs. busheling spread narrows in August
The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.

SMU Price Ranges: Market drifts lower still
All five of SMU's steel sheet and plate price indices declined this week, falling to lows last seen in February.

Discontentment brews in plate market with flat, status-quo pricing
Sources in the carbon and alloy steel plate market said they are less discouraged by market uncertainty resulting from tariffs or foreign relations, but are instead, eager to see disruption to the flat pricing environment.

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.