Steel Mills
Nucor Steel Berkeley to Receive Air Separation Unit
Written by Becca Moczygemba
August 30, 2022
Nucor Corporation plans to install an air separation unit at its Huger, South Carolina facility. The investment was announced as a contribution to the mill modernization undertaking.
The air separation unit (ASU) will supply industrial gases for steelmaking operations. Currently, Nucor Steel Berkeley is under a long-term agreement for its industrial gas supply. However, the new ASU will be operated by UIG LLC, a wholly owned subsidiary of Nucor.
“Nucor acquired UIG in 2019 so that we would have the capability to build and operate our own air separation units, giving us an alternative to long term service contracts with outside providers,” stated Mike Lee, vice president and general manager of Nucor Steel Berkeley.
Over a five-year period, Nucor Corporation will invest a total of $200 million to modernize its facilities. A grant was issued by the South Carolina Department of Commerce Coordinating Council for Economic Development, and an additional grant was provided by Santee Cooper, the state’s utility provider. The company is also in a fee-in-lieu of tax agreement with Berkeley County.
Have some news or want to talk steel? Email me!
By Becca Moczygemba, Becca@SteelMarketUpdate.com
Becca Moczygemba
Read more from Becca MoczygembaLatest in Steel Mills
Nippon could up investment in USS facilities to $7B: Report
It's the latest twist as the proxy battle heats up for Pittsburgh-based U.S. Steel.
Hybar expansion still on the table as Arkansas mill startup nears
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.
Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.
Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.
Cliffs to idle Dearborn blast furnace, restart Cleveland furnace by July
Cleveland-Cliffs has decided to idle the steelmaking operations at its Dearborn Works in Michigan due to weak automotive demand.