Nucor had a groundbreaking ceremony for its micro rebar production facility on August 25

Nucor Corporation has announced plans to start production of a new recycled-steel micro mill in Lexington, with an annual production capacity of 430,000 tons. The investment is US$350 million, and the mill will employ around 200 full-time employees and 500 workers during construction. The new mill will be the third in the US, following the establishment of two other mills in Missouri and Florida. The company began hiring for the mill earlier this year.