Nucor will spend $4mn to upgrade the casters at its Decatur, Alabama, sheet mill
The company is installing an additional segment to each of the mill's two casters, which turn liquid steel into semi-finished solids that can be rolled into finished products. The improved casting speed will support the projected increase in production capacity.
The electric arc furnace (EAF) at the facility has an existing annual capacity of 2.5mn st/yr of flat-rolled steel, while the cold mill has 700,000 st/yr of annealing capacity.
The Charlotte, North Carolina-based company disclosed the investment in a tax abatement application submitted to the city of Decatur.
No timeline for the upgrades was provided. Nucor did not respond to a request for comment.