Steel Mills

Hybar locks in 16 cranes for new Arkansas mill
Written by Becca Moczygemba
November 28, 2023
Hybar’s new rebar mill is set to be outfitted with 16 cranes of various capacities, according to a news release from Finnish crane manufacturer, Konecranes.
The recently formed scrap metal recycling and steel producer is currently constructing its first high-yielding rebar mill in Osceola, Ark. The mill is expected to produce about 630,000 tons of rebar per year.
The cranes will possess special technology to meet Hybar’s needs, according to the release.
Two shipping cranes have special magnets for handling spooled rebar coils and long flat bundles. The ladle/charge cranes possess cabins with maximum visibility, ensuring the safest working conditions for the operator, the release said.
“The team at Konecranes understands the complexities of moving steel,” Hybar’s CFO Ari Levy said in the release. “They also share our dedication to operational efficiency, environmental stewardship and, above all else, safety.”
Additional equipment includes a rolling mill crane, ladle/tundish repair crane, roll shop maintenance cranes, and maintenance jib cranes.

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills

SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant

ArcelorMittal’s EAF in Alabama expects first heat in Q2
The facility at AMNS Calvert will be the first EAF in North America capable of supplying exposed automotive grades with domestically melted and poured material.

Nucor’s Topalian lauds Trump’s trade policies, downplays impact
Nucor’s top exec Leon Topalian said the benefit of the current administration’s aggressive trade policies “trumps” any risk of potentially higher raw materials prices.

SSAB reports higher production, shipments
But profits slipped vs. last year.

Nucor earnings slump in first quarter, but better times seen ahead
Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.