28
Feb
19:46
Nucor provides update on West Virginia EAF
Charlotte, North Carolina-based steelmaker Nucor has provided an update on its new electric arc furnace (EAF) sheet mill in West Virginia, with the company's board of directors approving a $400 million increase in the estimated cost of the project. Kallanish learns that Nucor now expects to spend approximately $3.1 billion net cash for the project, after initially announcing a predicted estimated cost for construction of $2.7 billion in September 2021…
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Anonymous
Very good overview of the weekly steel market.
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