Nucor Corporation has announced that Nucor’s board of directors has approved a steel bar micro mill project, and announced the company is considering five states in the Midwest and Southeast USA for the project.
The states being considered include Nebraska, Kansas, Missouri, South Carolina and Florida. Nucor’s board of directors also approved the expansion of its existing merchant bar operations in either Illinois or Ohio.
Both the micro mill project and the expansion of its merchant bar operations are part of Nucor’s planned strategy for long-term profitable growth.