Metal Industry News

Nucor Board Ups Funds for W.Va. Mill

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Nucor’s board of directors has approved an additional $400 million to complete construction of the company’s new steel mill in West Virginia. The total outlay for the mill is now $3.1 billion.

The new mill will have a capacity of three million tons of sheet product annually.

"We remain incredibly excited about our Nucor Steel West Virginia mill and its advanced capabilities that will expand our ability to provide our customers with the cleanest and highest-quality steel products, particularly for demanding automotive and construction applications," said Leon Topalian, chair, president and CEO of Nucor. "The Midwest and Northeast consume half the sheet steel in the United States. This transformative project will provide customers in these high-demand regions with more sustainable sheet steel, create long-term value for our shareholders and fuel additional growth for Nucor." 

When operational, the new mill will be the most capable sheet mill in the region with a significantly lower carbon footprint than its competitors, Nucor claims. It will be equipped to produce 84-inch sheet products, and among other features, will include a 76-inch tandem cold mill and two galvanizing lines capable of producing advanced high-end automotive and construction grades. 

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