Steel Mills

Nucor To Modernize Alabama Plate Mill
Written by David Schollaert
November 17, 2023
Nucor Corp. has announced a $280-million investment to modernize its plate mill in Tuscaloosa, Ala.
The move will enable the Charlotte, N.C.-based steelmaker to “strengthen” Nucor Steel Tuscaloosa’s “ability to serve key market segments” in line with its overall Plate Mill Group strategy, it said in a statement on Friday, Nov. 17.
The investment has been approved by the board of directors, Nucor said.
“We continuously invest in our teammates and facilities where we see opportunities to create value for our customers. This modernization project will bolster the plate group’s position as the most diverse and comprehensive product mix in the industry,” commented Al Behr, Nucor’s EVP for Plate and Structural Products.
Nucor’s Plate Mill Group has an annual capacity of approximately 3 million tons of cut-to-length and discrete plate, the company said. Its plate production facilities include Cofield, N.C., Brandenburg, Ky., and Tuscaloosa.
“The modernization and upgrade of the rolling mill at Tuscaloosa is an important investment that will keep our mill competitive in the global steel industry and open up new market opportunities for our team,” said Brian Phillippi, Nucor’s VP and GM of Nucor Steel Tuscaloosa.
The steelmaker produces plate for several military and manufacturing applications including construction, heavy equipment, mining, energy, infrastructure, oil and gas, and transportation.

David Schollaert
Read more from David SchollaertLatest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.