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28 Mar
20:53

US plate observers praise Nucor mill move

Nucor’s planned $1.35 billion, 1.2 million short ton/year plate mill in Brandenburg, Kentucky, is taking an optimistic – and likely correct – view of the US plate market, Kallanish hears from market sources. The mill is slated to come online in 2022. “I think Nucor chose the correct location, as they are surrounded by a wide range of plate consumers, including many service centres,” says one Midwest plate buyer. “In additio…
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