As per media reports, steel making producer Nucor Corporation plans to build a rebar micro mill in Florida located in Polk country. The mill aims to have the annual capacity of 350,000 tonnes with $240 million investment.
The construction of the mill is expected to take two years, along with pending permit and regulatory approvals.
It also plans to construct another rebar mill in Sedalia, Missouri.
We are building this rebar micro mill in a great and growing market where demand is strong and there is currently an abundant supply of scrap, a good portion of which is handled by our scrap business, The David J. Joseph Company
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