Nucor to build cold mill complex at Arkansas sheet mill

Nucor to build cold mill complex at Arkansas sheet mill
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The steel company Nucor Corp., Charlotte, has announced plans to add an additional cold mill at its Nucor Steel Arkansas division. The specialty cold mill complex will expand Nucor’s capability to produce advanced high-strength, high-strength low-alloy, and motor lamination steel products. The mill will cost around $230 million and is expected to be operational in about two years.

“This specialty cold mill complex supports our strategy of moving up the value chain and growing sales to the automotive market,” says John Ferriola, Nucor’s chairman, CEO and president. “It will bring value to all of Nucor’s sheet mills by expanding our capability to produce advanced high-strength steels and broadening the automotive capability of our galvanized lines at Nucor Steel Decatur and Nucor Steel Berkeley.”

In deciding to build another cold mill at its facility, Nucor notes that a recent report by Ducker Worldwide estimates that 4 million tons of advanced high-strength and ultra-advanced high-strength steels will be used for the automotive market by 2025. The specialty cold mill complex will give Nucor the capability to produce products the company currently does not make, which Nucor says will add to its comprehensive product portfolio and further differentiate itself from its competitors as the leader in providing solutions to its customers.

Nucor also says that locating the cold mill at Nucor’s sheet mill in Arkansas will give it a transportation advantage over competitors outside the region currently supplying the local market and the growing Mexican market.

“We are excited to bring this expansion to Arkansas that will enable us to efficiently produce products beyond that of any North American mill,” says Mary Emily Slate, vice president and general manager of Nucor Steel Arkansas.

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Source: Recycling Today
Nucor to build cold mill complex at Arkansas sheet mill
<![CDATA[The steel company Nucor Corp., Charlotte, has announced plans to add an additional cold mill at its Nucor Steel Arkansas division. The specialty cold mill complex will expand Nucor’s capability to produce advanced high-strength, high-strength low-alloy, and motor lamination steel products. The mill will cost around $230 million and is expected to be operational in about two years. “This specialty cold mill complex supports our strategy of moving up the value chain and growing sales to the automotive market,” says John Ferriola, Nucor’s chairman, CEO and president. “It will bring value to all of Nucor’s sheet mills by expanding our capability to produce advanced high-strength steels and broadening the automotive capability of our galvanized lines at Nucor Steel Decatur and Nucor Steel Berkeley.” In deciding to build another cold mill at its facility, Nucor notes that a recent report by Ducker Worldwide estimates that 4 million tons of advanced high-strength and ultra-advanced high-strength steels will be used for the automotive market by 2025. The specialty cold mill complex will give Nucor the capability to produce products the company currently does not make, which Nucor says will add to its comprehensive product portfolio and further differentiate itself from its competitors as the…