Nucor to Build HSS Tube Mill in the Midwest in US
Nucor Corporation announced that its Board of Directors have approved plans to build a tube mill in the Midwest, the largest consuming region for steel and
Nucor Corporation announced that its Board of Directors have approved plans to build a tube mill in the Midwest, the largest consuming region for steel and steel products. Products from the new tube mill will capitalize on investments Nucor has already made in the Midwest including a plate mill, galvanizing line and hot roll expansion. The new tube mill is a continuation of Nucor's focus on growth and commitment to sustainability and environmental stewardship. The USD 164 million investment project is expected to be in operation in two years. The new tube mill will have the capacity to produce approximately 250,000 tons of hollow structural section tubing, mechanical steel tubing and galvanized solar torque tube, which will increase Nucor's product offerings for construction, infrastructure and renewable energy in the expanding solar market in the United States.
Nucor's Tubular Products Group was formed in 2016 when Nucor entered the tube market with the acquisitions of Southland Tube, Independence Tube Corp. and Republic Conduit. Today, Nucor's Tubular Products consists of eight tubular facilities that are strategically located in close proximity to Nucor's sheet mills as they are a consumer of hot-rolled coil. The Nucor's Tubular Products Group produces HSS steel tubing, mechanical steel tubing, piling, sprinkler pipe, heat-treated tubing and electrical conduit. Total annual Nucor's Tubular Products capacity is approximately 1,365,000 tons.
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.