Nucor secures financial support from West Virginia government for new sheet mill

Wednesday, 25 December 2024 14:47:34 (GMT+3)   |   Istanbul

The West Virginia Economic Development Authority has approved government funding worth $75 million aimed at supporting the construction of domestic steelmaker Nucor Corporation’s new sheet mill in Mason County. As a result, the company’s total investment in the project has reached $3.5 billion, making it the largest investment in economic development in the history of both the state and the company.

Accordingly, the government funding will be used in several infrastructure projects, including port enhancements and water treatment systems, which will benefit the company’s project.

Nucor’s mill in question, which is scheduled for start-up in the second half of 2026, will produce 3 million mt of sheet mill per year for several industries including construction, automotive, home appliances and heavy equipment.

ElifKefeli
Elif Kefeli
Editor
All Articles by the Author

I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

Similar articles

Nucor opens Lexington rebar micro mill in North Carolina

US flat steel prices turn higher as Iran war highlights bullish steel market fundamentals

Nucor to construct new rebar facility in North Carolina

Nucor to build two galvanizing lines

Nucor to build new rebar micro mill in North Carolina

Nucor to build a new plate mill in the Midwest

Nucor approves $650 million expansion project at Gallatin sheet mill

SMS to supply new merchant bar mill for Nucor Steel Kankakee

Danieli to supply new rebar micro-mill for Nucor Corporation

Nucor to build specialty cold mill complex at its Arkansas sheet mill