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Nucor, the largest steel producer and scrap recycler in North America, will buy 250 MW of Sebree Solar’s power, which supports the Nucor’s net-zero by 2050 goal.
To supply its mills, Nucor uses electric arc furnaces and continuous casting to melt scrap steel as opposed to blast furnaces to melt iron. In 2023, the company produced and sold approximately 18.5 million tons of steel and recycled 18.4 million tons of scrap. [1] None of Nucor's mills are unionized and the corporate culture is opposed to trade ...
The plant continued to change hands, from ArcelorMittal to Severstal (for $810 million) to Renco Group (R.G. Steel; for $1.2 billion) and finally to liquidator Hilco Trading in 2012 (for $72 million). [6] [7] [8] Hilco sold the plant's cold mill to Nucor in 2013. [9] The blast furnace was demolished in January 2015. [10]
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The value of iron and steel produced in 2014 was $113 billion. [2] About 0.3% of the US population is employed by the steel industry. [3] As of 2022, major steel-makers in the United States included Cleveland-Cliffs, Carpenter Technology, Commercial Metals Company, Nucor, Steel Dynamics, and U.S. Steel. [4]
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Crawfordsville is the home of the world's first thin-slab casting minimill (steel manufacturing plant that recycles scrap steel using an electric arc-furnace). Nucor Steel broke ground on its first sheet steel mill and first galvanizing line at its billion-dollar Crawfordsville facility in 1987. R.R. Donnelley & Sons Company started a printing ...
Nucor's (NUE) management approves a rebar micro mill construction in the South Atlantic region with a capex of $350 million.
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