TMS International has opened a facility onsite in Sedalia, Missouri, where it will provide industrial mill services for Nucor’s rebar mill under construction in the same city, according to a notice from the Missouri Department of Economic Development.
“We are thankful to again provide services to Nucor, a premier global steel company... TMS has been providing services to Nucor for decades and looks forward to continued growth together,” Raymond Kalouche, TMS International president and chief executive officer, said in a statement.
The TMS operation will create 15 jobs, the notice stated.
“Nucor has a long history and tradition of building relationships with contractors working onsite. TMS is a wonderful example of this partnership. TMS has locations at several Nucor divisions, and we are excited to have TMS join us in Sedalia,” Kevin Van de Ven, general manager and vice president of Nucor Steel Sedalia, said in the statement.
Other Nucor facilities serviced by TMS International include Kankakee, Illinois; Tuscaloosa, Alabama; Jackson, Mississippi; and Auburn, New York, according to TMS’ website.
Nucor in 2017 announced its plans to build a $250-million reinforcing bar micro-mill near Kansas City, Missouri. The mill is expected to be completed this fall, according to the economic development notice.
Fastmarkets’ price assessment for steel reinforcing bar, fob mill US, stands at $32-32.50 per hundredweight ($640-650 per short ton).