Nucor Corporation is adding an additional $230 million cold mill at its Nucor Steel Arkansas division in Blytheville, Arkansas.
According to company officials, the specialty cold mill complex will expand Nucor’s capability to produce advanced high-strength, high-strength low-alloy, and motor lamination steel products. The mill is expected to be operational in approximately two years and include 100 associates.
“This specialty cold mill complex supports our strategy of moving up the value chain and growing sales to the automotive market,” said John Ferriola, Chairman, CEO President of Nucor. “It will bring value to all of Nucor’s sheet mills by expanding our capability to produce advanced high-strength steels and broadening the automotive capability of our galvanized lines at Nucor Steel Decatur and Nucor Steel Berkeley.”
Ducker Worldwide estimates that 4 million tons of advanced high-strength and high-strength low-alloy steels will be needed for the automotive market by 2025, company officials said. The specialty cold mill complex will give Nucor the capability to produce products the company currently does not make, adding to Nucor’s comprehensive product portfolio and further differentiating Nucor from its competitors as the leader in providing solutions to its customers. Locating the cold mill at Nucor’s sheet mill in Arkansas will give the company a transportation advantage over competitors outside the region currently supplying the local market and the growing Mexican market.
“We are excited to bring this expansion to Arkansas that will enable us to efficiently produce products beyond that of any North American mill,” said MaryEmily Slate, Vice President/General Manager of Nucor Steel - Arkansas. “We would like to thank Governor Asa Hutchinson, our local officials and the entire Blytheville community for their support of this project."
Nucor and its affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; 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 HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.