Nucor to Build New Tube Mill in Kentucky near Gallatin Sheet Mill
Nucor Corporation announced that it will build its new tube mill on the site of its Nucor Steel Gallatin sheet mill in Kentucky in US. This location will allow the
Nucor Corporation announced that it will build its new tube mill on the site of its Nucor Steel Gallatin sheet mill in Kentucky in US. This location will allow the Company to take advantage of investments the Company has made to expand capacity of the Gallatin mill and add a galvanizing line. The USD 164 million investment projects are expected to be in operation by the middle of 2023 and create more than 70 new full-time jobs. The new tube mill will have the capacity to produce approximately 250,000 tons of hollow structural section steel tubing, mechanical steel tubing and galvanized solar torque tube. The Kentucky location puts the new tube mill near expanding solar markets in the US and the largest consuming regions for HSS steel tubing.
Nucor's Tubular Products Group was formed in late 2016 when Nucor entered the tube market with the acquisitions of Independence Tube Corporation, Southland Tube Inc and Republic Conduit. Today, NTP 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 NTP Group produces HSS steel tubing, mechanical steel tubing, piling, sprinkler pipe, galvanized tube, heat-treated tubing and electrical conduit. Total annual NTP capacity is approximately 1,365,000 tons.