Our company just completed installing a huge allotment of equipment at
the first greenfield mill start up built in along time
there is a video of it at
we build the ducting that removes the fumes from the furnace, the roof,
referred to as the "lid" in the video, the fixed elbow on the roof and
the sidewall that contains all of the scrap as they melt it down into
Great beast of a thing when it fires off at 1400 volts, 160Mva DC
during the initial construction it was over 6000 workers, our
contracting division had 2500 people on site for over a year.
Currently the plant is operating with 320 people, this will increase to
@750 when they ramp up the second caster and furnace.
The safety record of these minimills is outstanding. they are really on
the ball safety wise several of the Nucor Steel mills have gone over 2
years without an injury
Nucor has built 12 in the last 30 years, the average life of a steel
mill is 50 years. ( and they are currently building 2)
Severcorr is an American company and Severstall , a partner in the
company has as many facilities in this hemisphere as its own. Not to
mention that every dollar for the company ( 1.5 B ) was raised
domestically, Severstall provides financial backing to the company
it is essentially the cream of the Nucor crop start up
You do know who Nucor is right? The company who revolutionized steel
making and revived steel making in this country ?
dont know where your "Japan" reference comes from, with the exception of
high quality Rail, over 80 percent of steel used in North America comes
for North or South America. The steel dumping done by China and Japan
are a thing of the past, Japan was dumping automotive grade steels which
are now produced cheaper here, and China was dumping structurals and
plate of which they are a net importer now.
Dont listen to the media and the unions, the truth is out there if your
willing to look for it
You might note that the plant is a joint veture with Steelcor, an
American company. You might also look at the Nucor website and the
WSJ. Nucor is upgrading some plants to produce high grade cold rolled
for the record
SteelCorr is the parent of Severcorr , it is the company Dan Correnti
started after leaving Nucor , he is the CEO that made Nucor what it is
Nucor is currently doing a complete gut and rebuild of two former
Birmingham Steel mills , one in Memphis that we are shipping equipment
to and our contracting division is piping right now, called an SBQ mill
which stands for Special Bar Quality .
The Severcorr plant is 10x as large as a tyupical minimill due to the
amount of post processing they can perform.
The Nucor plant in Blytheville, AR that is partnered with Yamato Steel
makes structurals, you have not seen anything until you 30" wide
flanges , glowing orange traveling by .
Steel. its whats for breakfast
Without doing a detailed analysis, more than likely it is because
the executives and directors of the domestic [US] steel [steal?]
companies did the math and determined that for a given
investment, it was more profitable, at least on paper and in the
short run (on which their "performance" bonuses are based), to
"invest" the money in financial (speculative) activities such as
"special investment vehicles [SIVs], hedge funds, and high yield
securities [aka junk bonds], without the aggravation of dealing
with construction permits, environmental impact statements,
marketing, environmental regulations, and labor unions.
Much of the problem can be traced to the deeply flawed US tax
system with its treatment/definition of "capital gains" which in
fact add nothing to the actual total capital stock of the US
economy and indeed frequently *DECREASE* the capital stock total,
as in the case of restructuring made possible by M&A/LBO
activity, and stock buy-backs with borrowed funds, the interest
of which is tax deductible.