Nucor (NUE) to Build Tube Mill in the Midwest

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Nucor to Build Tube Mill in the Midwest

March 9, 2021 9:00 AM EST

CHARLOTTE, N.C., March 9, 2021 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its Board of Directors approved plans to build a tube mill in the Midwest, the largest consuming region for steel and steel products. Products from the new tube mill will capitalize on investments Nucor has already made in the Midwest including a plate mill, galvanizing line and hot roll expansion. The new tube mill is a continuation of Nucor's focus on growth and commitment to sustainability and environmental stewardship. The $164 million investment project is... More