Steel Mills

Nucor to Supply Steel, Source Power From Kentucky Solar Project
Written by Laura Miller
August 7, 2023
Nucor Corp. announced it will be providing steel to help build a new solar project in Kentucky. In addition, the steelmaker has agreed to purchase power from the project.

The Charlotte, N.C.-based steelmaker said its Nucor Steel Gallatin mill in Ghent, Ky., will provide steel for the Sebree Solar 1 project in Henderson County. Construction is slated to begin this fall.
Sebree Solar, a subsidiary of NextEra Energy Resources, is building the project in two phases. The first phase is expected to begin commercial operations in December 2025. Upon completion of both phases, the project will have a capacity of up to 400 megawatts of energy.
Nucor signed a power purchase agreement with Sebree for 250 megawatts of that energy.
Nucor Steel Gallatin is also providing steel for another solar project to be built by Green River Solar, another subsidiary of NextEra, in the Meade and Breckinridge counties of Kentucky. The Gallatin mill’s steel will be used for the racking system supporting the projects’ solar panels, the company said.
“We are delighted to work with NextEra Energy Resources, and to be a key material supplier to this important addition to the power grid in Kentucky, where we have grown our presence considerably in recent years,” said Greg Murphy, Nucor’s EVP of business services and general counsel.
“Our country’s energy transition will be built with steel, and the steel it is built with should be produced sustainably. And while Nucor is already among the world’s cleanest and most sustainable steel producers, this agreement will enable us to further reduce our climate footprint and meet our goals for improvement,” he added.

Laura Miller
Read more from Laura MillerLatest in Steel Mills

Ternium pushes forward with growth projects despite slump in earnings and Mexican market
Ternium S.A. Fourth quarter ended Dec.31 2024 2023 Change Net sales $3,876 $4,931 -21.4% Net income (loss) $333 $554 -39.9% Per diluted share $1.43 $2.11 -32.2% Full year ended Dec.31 Net sales $17,649 $17,610 0.2% Net income (loss) $174 $986 -82.4% Per diluted share $(0.27) $3.44 -108% (in millions of dollars except per share) While […]

Kestenbaum, Ancora state their case in proxy fight for U.S. Steel
Ancora Holdings is moving forward with its proxy fight to oust U.S. Steel’s leadership and install a new board of directors and Alan Kestenbaum as CEO.
BlueScope shelves midstream facility but still upbeat on US
BlueScope Steel is pulling back on its expansion plans in the US for now but remains optimistic about the North American market.

Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]

Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."