Nucor Corporation announced that it will add a new melt shop at its bar mill in Kingman, Arizona. The new $100 million melt shop will have the capacity to produce 600,000 tons annually and create approximately 140 new full-time jobs paying an average annual wage of approximately $85,000. Construction of the melt shop is expected to take two years pending permit and regulatory approvals.
“This investment in a new melt shop at our Arizona bar mill is part of our strategy to grow our core steelmaking business and will help us maintain our market leadership position in steel bar production,” said Leon Topalian, President and Chief Executive Officer of Nucor Corporation. “Adding new melt shop capacity will help meet the growing demand for steel bar products in the Western region, which is one of the fastest growing areas in the U.S.”
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.
In September 2021, Nucor announced its intention to build a new melt shop at one of its existing bar mills in the Western United States. Nucor Steel Kingman is the ideal location for this project because 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 teammates.
“Nucor’s new sustainable steel production facility will strengthen Arizona’s vibrant manufacturing ecosystem,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “Nucor’s new facility will produce quality steel and steel products while maintaining the highest safety and sustainability standards. We are grateful for Nucor’s commitment to Kingman, creating high-wage jobs while driving further economic growth in the area.”
Nucor has 15 bar mills strategically 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 special bar quality (SBQ) and wire rod products. Steel produced by Nucor bar mills serves numerous end markets, including the agricultural, automotive, construction, energy, furniture, machinery, metal building, railroad, recreational equipment, shipbuilding, heavy truck and trailer market segments. Nucor’s bar steel production capacity is estimated at approximately 9,560,000 tons per year.
Courtesy of Nucor.