Mini Mill Steel Industry

Ten mills strategically located across the u s.

Mini mill steel industry. Us mini mills are typically higher cost. Mini mill plants may specialize for example in making coils of rod for wire drawing use or pipe or in special sections for transportation and agriculture. The second type the mini mill or specialty steel mill which produces new steel products by melting steel scrap now produces the majority of steel in the us. According to a u s.

Melt capacity to produce over 5 million tons of finished long steel products. Profits from eafs or mini mills are at their peak and producers nucor and steel dynamics last year had record profits of 2 4 billion and 1 3 billion respectively. Unlike integrated steel mills which make new steel from iron ore in a blast furnace mini mills melt and refine scrap steel using electric arc furnace eaf technology. As the us steel market moves further towards a market dominated by eaf flat rolled production the shopping list that mini mill raw material buyers take into the market is.

Iron ore coal and coke. The truncated steel mill is to the. Flexibility and capability to offer the variety of steel products. Electric arc furnace eaf mini and micro mill technology provides unmatched quality and immediate access to a wide inventory of products.

Scrap prices are tied to the marginal cost of hot metal production meaning that the input for scrap based steelmaking is typically higher than the average ironmaking bulks mix n b. A steel mini mill is a facility which produces steel products from recycled scrap metal. Steel industry produced about 106 million tons of raw steel in 2006 and approximately 93 minimills that recycle ferrous scrap metal accounted for 57 percent of the total u s. In the past decade dozens of other companies have also learned about the advantages of mini steel mills which have become a significant factor in the industry.

Often a mini mill will be constructed in an area with no other steel production to take advantage of local markets resources or lower cost labour. Cmc s miniature sized micro mill will use that electric arc furnace technology integrating continuous casting and hot rolling technologies to produce long goods. Environmental protection agency epa report while mini mills. 04 2009 metallurgical industry 12 5 1 1 12 5 1 steel minimills 12 5 1 1 general the u s.