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05 Apr 2022 | 21:33 UTC
Highlights
Mill to feed company's downstream operations
Production expected in early 2025
Steel fabricator Pacific Steel Group will build a new electric arc furnace rebar micro-mill in California to feed its internal operations, according to a company statement sent to S&P Global Commodity Insights April 5.
The new mill, located near Mojave, California, will have a capacity of 380,000 st/year, with construction to begin in the first quarter of 2023. Pacific Steel is targeting production to begin in early 2025, it said.
This will be the rebar fabricator's first move into steelmaking and all of the steel produced at the mill will feed its internal operations, Pacific Steel said.
"We are excited about the opportunities this mill will afford our downstream operations," Pacific Steel said in a statement. "We are also excited about the positive environmental benefits of producing steel locally for the California market.
This will mark the return of rebar production in the state after Commercial Metals Co. shuttered its rebar mill in Rancho Cucamonga, California, at the end of 2020.
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