Steel Mills
Nucor's New Sheet Mill Could Land in W.Va.: Local Media Reports
Written by Michael Cowden
January 11, 2022
West Virginia is on the cusp of announcing that it has been chosen for the site of Nucor Corp.’s new, $2.7 billion electric arc furnace (EAF) sheet mill, according to local media reports.
The Charlotte, N.C.-based steelmaker said when it announced the project last September that it was considering locations in three states: Ohio, Pennsylvania and West Virginia.
A Nucor spokeswoman did not immediately respond to a request for comment or confirmation on Tuesday, Jan. 11.
West Virginia Gov. Jim Justice could make an official announcement as soon as Wednesday evening during his “State of the State” address, according to The Times West Virginian newspaper.
“I’m certainly willing to confirm there is likely to be a big announcement on that same magnitude… about $2.7 billion,” House Speaker Roger Hanshaw was quoted as saying.
Speculation that West Virginia could land the big, new sheet mill – expected to have capacity of three million tons per year – reached a fevered pitch after West Virginia’s Senate and House held a special session on Monday to consider tax credits and other incentives to attract the project, according to The Wheeling Intelligencer.
Nucor’s new EAF sheet mill is part of a tide of new capacity expected to come online in North America this year and through the next few years.
Commercial operations are expected to begin in 2024, approximately two years after local incentives, permits and other regulatory approvals are received.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Mills
Algoma to shut down line in Ontario ahead of EAF start
The 106” Mill was part of Algoma's plate and strip combination facility.
Nippon trial vs. US government to begin early next month: Report
Nippon Steel’s litigation against the US government is set to begin in early February, according to a report by Japan’s Kyodo News Agency. Nippon will file its opening brief on Feb. 3. And both parties will conclude their claims by March 17 in the US Court of Appeals for the District of Columbia Circuit, Kyodo […]
Nucor carbon targets certified by GSCC
Nucor’s “ambitious” carbon targets by the end of the decade and beyond have been certified by the Global Steel Climate Council (GSCC). The Charlotte, N.C.-based steelmaker used a base year of 2023 for its science-based emissions targets (SBET). It set an SBET of 0.975 metric tons (mt) of CO2 emissions per mt of hot-rolled steel […]
SSAB halts talks with Feds on Miss. green steel plant
The Department of Energy's Industrial Demonstrations Program page states that it is no longer moving forward with SSAB.
Cleveland-Cliffs CEO seeks ‘American solution’ for U.S. Steel
He said a new entity would operate under the U.S. Steel name and would retain its Pittsburgh headquarters.