05
May
19:31
Nucor to upgrade Nebraska bar mill
North Carolina-based US steel producer Nucor will invest $58 million to upgrade its bar mill in Norfolk, Nebraska, by the end of 2022, Kallanish understands.
According to an announcement on 5 May, the company's board of directors approved the $58m upgrade in order to better meet customers' needs in the US automotive industry. The upgrade project includes a new reheat furnace, a new intermediate mill, as well as a new coil inspection and trimming …
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Very good overview of the weekly steel market.
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