CMC looking to build $130M rebar ‘micro-mill’ in Arizona
Dec 20, 2006 | 01:44 PM
| Sam Kusic
Commercial Metals Co. (CMC), Irving, Texas, is moving to expand its reach in the southwestern United States with plans to build a "micro-mill" in the Phoenix area.
The $130-million project, scheduled to go online in early 2009, will be a "focused factory" producing about 280,000 tons of reinforcing bar annually, CMC said Wednesday.
The mill will be a "continuous continuous" operation, meaning melting, casting and rolling will be carried out in one long, uninterrupted process.
The steelmaker and recycler is working with equipment manufacturer Danieli & C. Officine Meccaniche SpA, Buttrio, Italy, on the project, which will be more compact than standard mini-mills and have lower initial capital construction costs, CMC executives said.....
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