28
Jan
17:58
Nucor plans $5.5 billion in capex projects
Coming off a record year of profits, Nucor projects its capital expenditures to reach $2.3 billion this year and $5.5 billion over the next three years. Company executives discussed the projects slated to receive the funding on its fourth quarter earnings conference call, which was monitored by Kallanish last week.
About 75% of the company’s 2022 capex will go towards projects at its greenfield plate mill in Kentucky, the new tubular products facility at its…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous