Steel Mills

Nucor Adding Melt Shop to Arizona Bar Mill
Written by Becca Moczygemba
August 3, 2022
While the rest of us are melting from the heat of the sun, Nucor announced it will build a new melt shop at its bar mill in Kingman, Ariz.
The $100 million investment will create approximately 140 new full-time jobs and have the capacity to produce around 600,000 tons a year. Construction is expected to take two years to complete.
“This investment in a new melt shop at our Arizona bar mill is part of our strategy to grow our core steelmaking business and will help us maintain our market leadership position in steel bar production,” said Leon Topalian, president and CEO of Nucor Corporation. “Adding new melt shop capacity will help meet the growing demand for steel bar products in the Western region, which is one of the fastest growing areas in the US”
The Charlotte, N.C.-based steelmaker originally announced its plans to construct a new melt shop back in September 2021, and ultimately decided Kingman was the ideal location.
A plant that currently has about 80 employees, Nucor Steel Kingman is a rolling mill that converts steel billets into coiled wire rod and rebar but currently lacks a melt shop.
Sandra Watson, president and CEO of the Arizona Commerce Authority stated, “Nucor’s new facility will produce quality steel and steel products while maintaining the highest safety and sustainability standards. We are grateful for Nucor’s commitment to Kingman, creating high-wage jobs while driving further economic growth in the area.”
With 15 bar mills around the US and an extensive range of products, Nucor serves a variety of end markets such as agricultural, automotive, construction, energy, furniture, machinery, metal building, railroad, recreational equipment, shipbuilding, heavy truck and trailer. Nucor’s current steel bar production capacity is estimated to be approximately 9.560 million tons per year.
Have some news or just want to chat? Email me!
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.

Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.