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

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.

Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.

Algoma swings to loss on ‘unprecedented disruptions’ and trade barriers
Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”

Nucor eyes long-term gains amid strong demand and trade enforcement
Resilient demand across its steel product lines, combined with the continued ramp-up of key expansion projects, drove Nucor’s improved financial results and record-setting performance in the second quarter. That’s according to company executives speaking on an earnings conference call on Tuesday.