Independent rebar fabricators sustain investor interest

Sources: Argonaut Private Equity, Tulsa, Okla.; CP staff Argonaut Private Equity has entered a partnership with Houston-based FABco, a provider of concrete materials and supplies, including engineered steel rebar and associated construction products. FABco has provided products, services and installation since 2010. Beyond Houston headquarters, it operates production and technical resource facilities in Central and North Texas, Colorado and Utah. 

Read More

Owens Corning threads Buy America needle for Mateenbar Fiberglas Rebar

Sources: Owens Corning Infrastructure Solutions LLC, Toledo, Ohio; CP staff Owens Corning Infrastructure Solutions (OCIS) has scheduled a mid-April dispatch for the first load of domestically produced Mateenbar Fiberglas Rebar, an Ohio Department of Transportation bridge site in Henry County the destination. OCIS is the exclusive North American distributor of the FRP product from Mateenbar USA’s new 130,000-sq.-ft. plant in…

Read More

Rebar top gun Nucor wires renewable energy into steelmaking loop

Sources: Nucor Corp., Charlotte, N.C.; CP staff Leading concrete reinforcing steel producer and fabricator Nucor has signed a 15-year Virtual Power Purchase Agreement with EDF Renewables North America for 250 megawatts of new solar array-derived energy in Texas. A first for Nucor, the agreement positions EDF Renewables to add more clean energy to the South Central power grid and becomes…

Read More

Pacific Steel cites antitrust violations in Commercial Metals suit

Sources: Cohen Milstein Sellers & Toll, San Francisco; CP staff San Diego-based rebar fabricator and installer Pacific Steel Group (PSG) seeks damages and injunctive relief in a suit alleging federal antitrust and California business practices law violations by Commercial Metals Co. (CMC), Irving, Texas, and its principal plant builder, Danieli Corp., Cranberry Township, Pa. The suit details the efficiency of…

Read More

Trimble improves rebar, hollowcore detailing in Tekla Structures

IMAGE

The latest solutions for Trimble’s advanced Building Information Modeling and structural engineering software—Tekla Structures 2020, Tekla Structural Designer 2020 and Tekla Tedds 2020—were unveiled last month at ConExpo-Con/Agg in Las Vegas. New Tekla Structures features enable efficient workflows for better productivity, increased mobility and collaboration across project teams, including:

Read More

Rebar crew organizing opportunity eludes territorial Iron Workers

Sources: National Labor Relations Board; CP staff

A National Labor Relations Board official has dismissed an International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers, Philadelphia Council petition to conduct a representation election for a proposed bargaining unit under Ohio-based rebar placement specialist R&R Steel LLC.

Read More

U.S. producers trigger probe of rebar imported from Mexico

Source: U.S. Department of Commerce

The Commerce Department has initiated an inquiry to determine if concrete reinforcing steel bar, bent at one or both ends, circumvents existing antidumping duty (AD) and countervailing duty (CVD) orders covering imports from Mexico. The action responds to requests from domestic operators Byer Steel, Cascade Steel Rolling Mills, Commercial Metals, Gerdau Ameristeel, Nucor Corp. and Steel Dynamics. 

Read More

Foundation backs high strength rebar research

Sources: Charles Pankow Foundation, McLean, Va.; CP staff

The Charles Pankow Foundation’s latest grant will help fund a project, “Foundation Mats with High Strength Steel Reinforcement,” under principal investigator Jack Moehle, Ph.D., University of California, Berkeley. Project findings stand to further validate the case for elevated rebar strength thresholds in American Concrete Institute and model building code language. Joining the Pankow Foundation as research allies are the ACI Foundation and Concrete Reinforcing Steel Institute Education and Research Foundation.

Read More

Commercial Metals completes $600M Gerdau rebar shop, mill deal

Sources: Commercial Metals Co., Dallas; CP staff

Commercial Metals has solidified its stake in concrete reinforcing products by acquiring 33 U.S. rebar fabrication facilities, plus California, Florida, New Jersey and Tennessee steel mills from Gerdau S.A. The $600 million transaction represents what CMC Chairman and CEO Barbara Smith calls “an important step in our strategy to be the leading concrete reinforcing specialist as well as a significant provider of merchant and wire rod products. With our expanded geographic footprint and added operational flexibility, this transaction supports our vertically integrated steel making model and will leverage our existing rebar manufacturing technology and customer service competencies.”

Read More