January 7, 2019 / 11:41 AM / 13 days ago

Nucor to spend $1.35 bln to build plate mill in the U.S. Midwest

Jan 7 (Reuters) - U.S. steel producer Nucor Corp said on Monday it would spend about $1.35 billion to build a plate mill in the U.S. Midwest.

The mill, which is expected to be fully operational in 2022, would be able to produce 1.2 million tons a year of steel plate products and would create about 400 full-time jobs, the company said. (Reporting by Ankit Ajmera in Bengaluru; Editing by Arun Koyyur)

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