January 3, 2023

Final Thoughts

The year-end market close was quiet this time around when it came to the newswire, but Nucor’s status update on its ultramodern $1.7-billion steel plate mill in Brandenburg, Ky., was the big news we all saw this morning after the holiday break.

After rolling its first steel plate on Dec. 30 – an important step in bringing the mill online – the Charlotte, N.C-based steelmaker said it has now turned its focus to commissioning the mill and is targeting first customer shipments this quarter.

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.