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Article: Nucor to restart production at Arizona bar mill.(METAL INDUSTRY NEWS)
- Article from:
- Metal Center News
- Article date:
- September 1, 2008
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Nucor Corp., Charlotte, N.C., plans to begin steel bar production at its previously idle rolling mill in Kingman, Ariz. Nucor expects capital improvements necessary to restart production to total about $30 million and expects rolling operations to begin in Kingman by the second quarter of 2009.
Initial annual output of straight-length rebar, coiled rebar and wire rod should be about 250,000 tons. The Kingman mill will have the capability to increase annual production to more than 500,000 tons.
Nucor acquired North Star Steel's idled Kingman steel mill in 2003 for a purchase price of approximately $35 million. In 2004, Nucor decided that King man's melt ...