Posted on 29 Sep 2022
Electric arc furnace (EAF) steelmaker Nucor will build two new galvanizing lines split between South Carolina and the western US.
One of the lines will be at Nucor's Berkeley flat-rolled steel mill in South Carolina and will have a capacity of 500,000 short tons (st)/yr and be able to produce galvanized steel up to 72 inches wide.
The $425mn investment will target the automotive and durable consumer good markets and will open in mid-2025.
In August, Nucor announced a $200mn modernization to the Berkeley mill that includes the construction of a new air separation unit.
The other galvanizing line will be built in the western US. Nucor did not release further details about the project.
In December, the steelmaker purchased a majority stake in California Steel Industries, a 3.1mn st/yr rolling mill in the southern part of California.
Source:Argus Media