Kern County Board Gives Approval to California Rebar Mill
March 25, 2024 11:00:28 AM
The Kern County Board of Supervisors in California have approved plans from Pacific Steel Group to build a rebar mill and scrap metal recycling facility. It will become the first new steel mill in California in more than 50 years.
“Today not a pound of steel is manufactured in the state of California,” said Mark Olson, the vice president of mill operations for Pacific Steel Group, noting that none of that steel is produced locally.
The $540 billion project in Mojave in Eastern Kern County will result in a nearly 500,000-square-foot project to produce approximately 380,000 tons of rebar annually.
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Steel Export Market Prices
Material | Price | Change |
---|---|---|
Stainless Seamless Pipe 304 108*4 mm | $ 2196.65 | 11.34 |
Stainless Scrap 304 Solid | $ 1296.97 | -12.95 |
Stainless Bar 321 60 mm | $ 2197.04 | -13.10 |
Stainless Bar 304 60 mm | $ 1956.28 | -13.25 |
Stainless HR Coil 304/No.1 6.0 mm | $ 1902.08 | -9.39 |