Charlotte North Carolina headquartered US’s leading steelmaker Nucor Corporation announced that the company's new steel plate mill in Brandenburg in Kentucky has rolled its first steel plate on 30 December 2022. Nucor Steel Brandenburg will focus on final commissioning of the mill in the first quarter of 2023 and will ship the first tons to customers during the quarter. The Nucor Steel Brandenburg plate mill is a USD 1.7 billion capital investment in specialized capabilities with the ability to produce 1.2 million tons annually. The new mill is located in the middle of the largest steel plate-consuming region in the country and will be able to produce 97% of plate products consumed domestically. It is also the first steel mill in the world to pursue certification under LEED v4, which is more stringent than previous LEED rating systems and provides a globally recognized framework for sustainability achievement. Nucor Steel Brandenburg will be among only a few mills globally, and the only mill in the United States, capable of manufacturing at scale the heavy gauge plate used in monopile foundations for offshore wind towers. As a result, it will be a critical part of the supply chain for the continued development of our nation's offshore wind power infrastructure. The recent passage of the Inflation Reduction Act, which included USD 300 billion for clean energy development and climate programs, supports the Biden Administration's announced goal to build 30 gigawatts of offshore wind power by 2030. This could result in approximately 7.5 million tonnes of additional steel demand.
Charlotte North Carolina headquartered US’s leading steelmaker Nucor Corporation announced that the company's new steel plate mill in Brandenburg in Kentucky has rolled its first steel plate on 30 December 2022. Nucor Steel Brandenburg will focus on final commissioning of the mill in the first quarter of 2023 and will ship the first tons to customers during the quarter. The Nucor Steel Brandenburg plate mill is a USD 1.7 billion capital investment in specialized capabilities with the ability to produce 1.2 million tons annually. The new mill is located in the middle of the largest steel plate-consuming region in the country and will be able to produce 97% of plate products consumed domestically. It is also the first steel mill in the world to pursue certification under LEED v4, which is more stringent than previous LEED rating systems and provides a globally recognized framework for sustainability achievement. Nucor Steel Brandenburg will be among only a few mills globally, and the only mill in the United States, capable of manufacturing at scale the heavy gauge plate used in monopile foundations for offshore wind towers. As a result, it will be a critical part of the supply chain for the continued development of our nation's offshore wind power infrastructure. The recent passage of the Inflation Reduction Act, which included USD 300 billion for clean energy development and climate programs, supports the Biden Administration's announced goal to build 30 gigawatts of offshore wind power by 2030. This could result in approximately 7.5 million tonnes of additional steel demand.
