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Nucor Corp. will build a new plate mill in Brandenburg, Ky., located along the Ohio River southwest of Louisville. Charlotte, N.C.-based Nucor will invest approximately $1.35 billion to build the mill, which is expected to be operational by 2022.

Shipments of copper products decreased slightly in February, compared with the previous month, reports the Copper and Brass Servicenter Association, Overland Park, Kan.

The recent past hasn’t been kind to the nickel market. Between 2015 and 2017, when nickel prices dropped to as low as $7,700 per ton, the market for the metal suffered through its most tumultuous period since the economic downturn of 2008-09.

Tenaris will acquire TMK IPSCO, the Russian parent company reported. Tenaris will acquire 100 percent of the shares of the tubular products manufacturer, headquartered in Houston. The purchase price was $1.2 billion, which includes $270 million of working capital.

Hypertherm has strengthened its position in the waterjet cutting market with the acquisition of OMAX. The transaction is expected to close in early April.

Berry Metal has hired Chris Farmer as the company's vice president of sales and marketing. Farmer will direct sales and marketing efforts and will be responsible for growing business for EAF and related segments.

The North American Steel Alliance has welcomed three new members to the buying collective: Harris Steel, Custom Steel Processing and Alkar Steel and Processing.

The Metal Center News staff is putting the finishing touches on our April issue, which will allow us to turn our attention to the May edition. And each year, the May issue of MCN is our equipment purchasing issue.

Red Bud Industries, Red Bud, Ill., is celebrating its 60th anniversary as a manufacturer of coil processing equipment.

Volume and price increases helped A. M. Castle & Co. generate net sales of $582 million in 2018, 12.2 percent increase over full-year 2017.