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In 1989, Nucor opened a facility in Crawfordsville, Indiana, the first mini mill in the world to produce flat rolled steel using thin-slab technology. [9] [10] In March 2000, a joint venture, owned 47.5% by Nucor, 47.5% by BlueScope, and 5% by IHI Corporation was formed to license Castrip technology. [11]
The company could still entertain bids from domestic rivals, said Peterson, noting that U.S. Steel's mini-mill assets could be attractive to peers like steel products company Nucor Group, which ...
Nucor Corporation (NYSE:NUE) shares are trading lower premarket today. On Monday, the company provided fourth-quarter guidance, expecting EPS of $0.55 – $0.65 vs. the consensus of $0.86. The ...
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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]
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 ...
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