Apr 01 | 2019
Modern Plate Mill in Kentucky
Steelmaker Nucor said it plans for a new “state-of-the-art” steel plate mill in Brandenburg, Kentucky.
The company will invest an estimated US$1.35 billion in the proposed project, spurring major construction and breakbulk transport during the construction phase.
"This strategic investment will enable us to build a clear market leadership position in the U.S. plate market. Kentucky is an excellent location for this mill, right in the center of America's largest plate consuming region," said John Ferriola, chairman and CEO of Nucor Corp.
Operational in 2022
Construction is planned to begin following permit and regulatory approvals with the site set to be fully operational in 2022. Nucor estimates that the new plant will “significantly strengthen” the firm’s plate product portfolio, giving the company the ability to produce 97 percent of the products demanded in the domestic plate market, including the specialty higher-margin products.
"Our acquisition of the Gallatinsheet mill in Ghent, Kentucky, five years ago has been a tremendous success, and we are pleased to add a second mill in the state,” Ferriola states.
1.2 Million Tons Per Tear
Once complete the facility will employ more than 400 full-time staff and will have capacity to produce 1.2 million tons per year of steel plate products.
Headquartered in Charlotte, North Carolina, Nucor is the largest steel producer in the U.S. and the largest "mini-mill" steelmaker. The company is also North America's largest industrial recycling company.
The group is a major customer of breakbulk services for the transport of carbon and alloy steel bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems and steel grating.
Midwest Logistics Advantages
Located along the Ohio River southwest of Louisville, the new Brandenburg mill will produce cut-to-length, coiled, heat-treated, and discrete plate ranging from 60 to 160 inches wide, and in gauges from 3/16 of an inch to 14 inches.
Nucor expects the plant will source a large proportion of raw materials locally and serve customers throughout the Midwest as well as complementing its existing plate mills in North Carolina, Alabama and Texas.
“Nucor has two additional major investment projects underway at its Gallatin sheet mill in Kentucky … The new plate mill and the projects at Nucor Steel Gallatin represent more than US$2 billion in investments in the state of Kentucky,” a spokesperson for Nucor said.
Nucor Steel Gallatin's new galvanizing line will be operational during the second quarter of 2019 and its project to increase Gallatin's hot rolled coil capacity at expanded widths of up to 73 inches is expected to come online during 2021.
Photo: Steel mill. Credit: Wikimedia
The company will invest an estimated US$1.35 billion in the proposed project, spurring major construction and breakbulk transport during the construction phase.
"This strategic investment will enable us to build a clear market leadership position in the U.S. plate market. Kentucky is an excellent location for this mill, right in the center of America's largest plate consuming region," said John Ferriola, chairman and CEO of Nucor Corp.
Operational in 2022
Construction is planned to begin following permit and regulatory approvals with the site set to be fully operational in 2022. Nucor estimates that the new plant will “significantly strengthen” the firm’s plate product portfolio, giving the company the ability to produce 97 percent of the products demanded in the domestic plate market, including the specialty higher-margin products.
"Our acquisition of the Gallatinsheet mill in Ghent, Kentucky, five years ago has been a tremendous success, and we are pleased to add a second mill in the state,” Ferriola states.
1.2 Million Tons Per Tear
Once complete the facility will employ more than 400 full-time staff and will have capacity to produce 1.2 million tons per year of steel plate products.
Headquartered in Charlotte, North Carolina, Nucor is the largest steel producer in the U.S. and the largest "mini-mill" steelmaker. The company is also North America's largest industrial recycling company.
The group is a major customer of breakbulk services for the transport of carbon and alloy steel bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems and steel grating.
Midwest Logistics Advantages
Located along the Ohio River southwest of Louisville, the new Brandenburg mill will produce cut-to-length, coiled, heat-treated, and discrete plate ranging from 60 to 160 inches wide, and in gauges from 3/16 of an inch to 14 inches.
Nucor expects the plant will source a large proportion of raw materials locally and serve customers throughout the Midwest as well as complementing its existing plate mills in North Carolina, Alabama and Texas.
“Nucor has two additional major investment projects underway at its Gallatin sheet mill in Kentucky … The new plate mill and the projects at Nucor Steel Gallatin represent more than US$2 billion in investments in the state of Kentucky,” a spokesperson for Nucor said.
Nucor Steel Gallatin's new galvanizing line will be operational during the second quarter of 2019 and its project to increase Gallatin's hot rolled coil capacity at expanded widths of up to 73 inches is expected to come online during 2021.
Photo: Steel mill. Credit: Wikimedia
