Steel Mills

Nucor Steel Berkeley to Receive Air Separation Unit
Written by Becca Moczygemba
August 30, 2022
Nucor Corporation plans to install an air separation unit at its Huger, South Carolina facility. The investment was announced as a contribution to the mill modernization undertaking.
The air separation unit (ASU) will supply industrial gases for steelmaking operations. Currently, Nucor Steel Berkeley is under a long-term agreement for its industrial gas supply. However, the new ASU will be operated by UIG LLC, a wholly owned subsidiary of Nucor.
“Nucor acquired UIG in 2019 so that we would have the capability to build and operate our own air separation units, giving us an alternative to long term service contracts with outside providers,” stated Mike Lee, vice president and general manager of Nucor Steel Berkeley.
Over a five-year period, Nucor Corporation will invest a total of $200 million to modernize its facilities. A grant was issued by the South Carolina Department of Commerce Coordinating Council for Economic Development, and an additional grant was provided by Santee Cooper, the state’s utility provider. The company is also in a fee-in-lieu of tax agreement with Berkeley County.
Have some news or want to talk steel? Email me!
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills

Despite trade chaos, Barry Schneider upbeat on SDI, steel
With 30 years of experience at Steel Dynamics, Barry Schneider reflects on the company and the state of the steel industry.

Algoma Steel seeks CAD$500M in operational support
Algoma Steel applied to Canada’s federal Large Enterprise Tariff Loan (LETL) program for $500 million to support its long-term operations.

SDI concerned with potential Brazil pig iron tariffs
Steel Dynamics Inc. (SDI) executives called a 50% tariff on Brazilian pig iron “concerning,” but think tariffs will be a “mainstay” of trade agreements going forward.

SDI earnings slip in Q2 as trade volatility hits customer orders
SDI profits slipped in second quarter amid trade policy volatility.

Cliffs puts ‘for sale’ signs up after another big quarterly loss
Cleveland-Cliffs lost more than $400 million for the third consecutive quarter but predicted results would improve in the second half of the year. And shares of the Cleveland-based steelmaker surged after company executives said during its Q2 earnings call on Monday that they could make billions by courting foreign investors or selling assets.