Steel Mills
Nucor to add rebar fabrication to new North Carolina mill
Written by Laura Miller
June 26, 2024
Nucor plans to add a new rebar fabrication facility adjacent to its new micro-mill in North Carolina.
North Carolina Governor Roy Cooper announced on Tuesday that Nucor Rebar Fabrication will invest more than $20 million in the fabrication plant.
It will be built next to Nucor’s new rebar micro-mill, currently under construction in Lexington, N.C., which will have an annual capacity of 430,000 short tons of rebar. Startup of the micro mill is slated for 2025.
“With the growth North Carolina and other southeastern states are experiencing, there is a need for additional rebar fabrication in the region to serve infrastructure and nonresidential construction projects,” commented John Hollatz, EVP of fabricated construction products for Nucor.
He said the company is happy to add the fabrication facility at the site of the new rebar mill, noting that, “Nucor has a history of making additional investments in communities where we make steel.”
Nucor Rebar Fabrication is receiving a $50,000 performance-based grant from the One North Carolina Fund to aid the expansion. These grant monies are not awarded upfront but will be paid once the company meets specific job creation and capital investment targets.
Nucor expects the facility to create 25 new jobs with an average annual wage of $65,000.
“Nucor’s decision illustrates its confidence in our state’s workforce, transportation infrastructure, and supportive business environment that makes North Carolina the best state to do business,” Governor Cooper said.

Laura Miller
Read more from Laura MillerLatest in Steel Mills

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.

Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.

Algoma swings to loss on ‘unprecedented disruptions’ and trade barriers
Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”