Nucor to build new 3mn st/yr sheet mill in US | Argus Media
Nucor's announcement comes after integrated steelmaker US Steel last week said that it would build its own 3mn st/yr sheet mill for $3bn at a yet-to-be-determined location. That mill is expected to also start up production in 2024. The new projects come as steel prices and profits have rebounded sharply from pandemic-related lows in 2020.
