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21 Sep
20:41

Buyers debate impact of Nucor auto steel plant

Nucor’s decision to build a $230 million cold-rolled facility in Arkansas to manufacture advanced high-strength steels for the auto industry is drawing mixed reactions, Kallanish learns from market sources. “It's a market they are not currently in, and it means they have to sell less hot-rolled,” says one Midwest buyer. Advanced high-strength steels are currently in vogue as a means of lightweighting vehicles to meet federal emission standa…
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