9,367.77 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.53 USD USD USD
36.05 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
41.35 TRY Interest Interest
74.24 USD Fossil Oil Fossil Oil
30.90 USD Silver Silver
4.09 USD Copper Copper
100.80 USD Iron Ore Iron Ore
365.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,982.57 TRY Gold (gr) Gold (gr)

Commerical Metals Company will build a new micro steel plant in Arizona

US company Commerical Metals Company announced that it will build a new micro steel plant in Mesa, Arizona.

Commerical Metals Company will build a new micro steel plant in Arizona

US company Commerical Metals Company announced that it will build a new micro steel plant in Mesa, Arizona. The company will start construction of the micro plant in early 2023.

This first plant in North America, called Triple M, will be the world's first to produce commercial bar-quality products using continuous production technology.

According to CMC's announcement, the new facility is expected to generate US$50 million in additional revenues and will replace existing rebar production capacity at higher costs so that the company can meet the steel needs of the West Coast.

The new plant will utilize a state-of-the-art EAF power system supplied by Danieli, as well as Q-One technology that will enable the company to directly connect electric furnaces and ladle furnaces to renewable energy. Together with continuous steelmaking technology, CMC will become one of the most efficient steel producers in the world.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

South Korea's crude steel production decreased by 18.3% in October

Friday, November 22, 2024

SSAB and Saint-Gobain's slag reprocessing plant in Raahe progresses

Friday, November 22, 2024

US Steel Producer partners with Primetals Technologies for EAF Ultimate

Friday, November 22, 2024

Imported scrap prices on the decline, demand stagnant!

Friday, November 22, 2024

Roadmap for India’s steel sector: Demand, imports and future plans

Friday, November 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now