By Nucor Corporation
Nucor, the largest steel and steel products producer in the U.S., announced today it is investing $100M to add a new electric arc furnace melt shop at its existing bar mill in Kingman. The melt shop, which will have the capacity to produce 600,000 tons annually, is expected to be operational by 2024 and create approximately 140 new jobs.
Nucor chose to build a new melt shop at Nucor Steel Kingman as it is a rolling mill that converts steel billets into coiled wire rod and rebar but lacks a melt shop. The Kingman mill currently employs approximately 80 people.
Wire rod and rebar are used primarily in concrete reinforcement for the construction of roads, buildings, bridges, and other structures. Nucor produces steel by recycling scrap metal into new steel products, making the company one of the most sustainable steel producers in the world. Last year, Nucor steel bar products averaged 98.5% recycled content.
Nucor has 15 bar mills located across the United States that manufacture a broad range of steel products, including concrete reinforcing bars, hot-rolled bars, rounds, light shapes, structural angles, channels, wire rod and highway products in carbon and alloy steels. Four of the bar mills have a significant focus on manufacturing SBQ and wire rod products. (Source)
