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Nucor board approves $860 million to build rebar micro mill in US Pacific Northwest

February 21, 2024 Comments Off

Nucor’s board of directors has approved $860 million to construct a 650,000 st/year rebar micro mill in the Pacific Northwest, the US-based steelmaker said in a statement Feb. 21. Potential locations are still being evaluated, and construction is expected to take two years, subject to regulatory approvals, Nucor said. The company first announced plans to build a rebar mill in…