US steel maker Nucor Corporation announced that its board of directors has approved the construction of a new three million ton sheet mill. Nucor is evaluating locations in Ohio, Pennsylvania, and West Virginia in US. The new mill will be geographically situated to serve customers in the Midwest and Northeast markets of US and will have a significantly lower carbon footprint than nearby competitors. The new sheet mill is expected to cost approximately USD 2.7 billion and have the capacity to produce three million tons of steel annually. The mill will be able to produce hot-rolled sheet products with downstream processing including a tandem cold mill, annealing capabilities and initially two galvanizing lines. Galvanizing capabilities will include an advanced high-end automotive line with full inspection capabilities as well as a construction-grade line. Once state and local incentives, permitting and other regulatory approvals are received, construction is expected to take two years.This proposed mill complements Nucor's existing operations, allowing Nucor to more effectively service customers in the region. This mill will allow Nucor to competitively meet the growing need that many of customers, particularly in the automotive market, have for high quality steel with a lower carbon footprint.
US steel maker Nucor Corporation announced that its board of directors has approved the construction of a new three million ton sheet mill. Nucor is evaluating locations in Ohio, Pennsylvania, and West Virginia in US. The new mill will be geographically situated to serve customers in the Midwest and Northeast markets of US and will have a significantly lower carbon footprint than nearby competitors. The new sheet mill is expected to cost approximately USD 2.7 billion and have the capacity to produce three million tons of steel annually. The mill will be able to produce hot-rolled sheet products with downstream processing including a tandem cold mill, annealing capabilities and initially two galvanizing lines. Galvanizing capabilities will include an advanced high-end automotive line with full inspection capabilities as well as a construction-grade line. Once state and local incentives, permitting and other regulatory approvals are received, construction is expected to take two years.This proposed mill complements Nucor's existing operations, allowing Nucor to more effectively service customers in the region. This mill will allow Nucor to competitively meet the growing need that many of customers, particularly in the automotive market, have for high quality steel with a lower carbon footprint.
