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Nucor Announces US$350 Million Rebar Micro-Mill

The facility will be Nucor's third rebar micro-mill. Its two existing micro-mills in Missouri and Florida both began operations last year.
 
"We have recently executed two successful rebar micro-mill start-ups and believe the East Coast market will be in need of additional rebar supply in the coming years, particularly with the recent passage of the infrastructure spending bill," said Leon Topalian, Nucor’s president and chief executive.
 
"Rebar has been a core business for Nucor since we got into steelmaking and this project will enable us to maintain our leadership position in the rebar market."
 
Read the full press release here.