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    Market Segment

    February 1, 2022

    Nucor Confirms Plan to Add Coating Lines to Indiana Mill

    Written by David Schollaert

    Nucor Corp. today announced plans to invest $290 million to upgrade its Crawfordsville, Ind., steel sheet mill. The Charlotte, N.C.-based steelmaker will expand the mill’s product capabilities by adding a 300,000 tons per year (tpy) construction-grade continuous galvanizing line and a 250,000 tpy prepaint line, the company said. The project, which company executives alluded to during their quarterly conference call last week, will take two years to complete.

    Nucor“Investing in Nucor Steel Indiana will allow us to grow our profitability in the Midwest construction region and expand Nucor’s prepaint footprint,” said Rex Query, Nucor’s Executive VP of Sheet and Tubular Products. “This investment is part of our strategy to grow our core steel businesses and expand our portfolio of value-added products.”

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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