Nucor’s New Sheet Steel Plant Pursues LEED v4 Certification

CHARLOTTE, North Carolina, September 20, 2022 /PRNewswire/ — Nucor Corporation (NYSE: NUE) today announced that the new sheet steel plant under construction Brandenburg, Kentucky has publicly registered to pursue LEED v4 certification for construction and design. Nucor Steel Brandenburg is the first steel company in the world to achieve LEED v4 certification, which is stricter than previous LEED rating systems and ambitiously aligns each credit category with sustainable performance, climate change and revolutionizes the landscape of the manufacturing through third-party transparency. and reporting requirements.

“Sustainability has been at the heart of Nucor’s business model since we began manufacturing steel in the 1960s. Our recycling production method has made us one of the cleanest steelmakers in the world. LEED certification extends our sustainability efforts to the material and operating system choices we make in the construction of this new steel mill,” said Leon TopalianChairman of the Board, President and Chief Executive Officer.

Nucor Steel Brandenburg’s specific LEED features include the preservation of much of the wooded area on the property, light reduction strategies, a reduced parking footprint, support for green vehicles, and efficiency measures water and energy. In addition, more than 75% of the construction waste generated by the construction of the steel mill was diverted from landfills. Sustainable construction materials, many of which are produced directly by Nucor divisions, were also used in the construction of the plant.

“Our Nucor Steel Brandenburg team is proud to be the first Nucor plant to undertake LEED v4 certification. We manufacture our products sustainably and these products, such as steel for offshore wind towers, will help build the green economy. It is only natural that we build this factory using sustainable materials and practices,” said Johnny Jacobsvice president and general manager of Nucor Steel Brandenburg.

Scheduled to enter production at the end of 2022, the new $1.7 billion The Nucor Steel Brandenburg plant will produce 1.2 million tons of steel plate per year. It will be able to produce 97% of the plate consumed in the country and will be one of the few factories in the world capable of supplying the critical steel components necessary for the construction of offshore wind farms.

The US Green Building Council created the LEED rating in 1998 as a way to standardize and recognize sustainable building methods. Since the first release (LEED v1), subsequent releases have pushed the building industry to higher levels of sustainable design and construction. The current rating system is LEED v4.

In addition to pursuing LEED v4 certification, Nucor will continue to be the sustainable leader in the steel industry by further reducing our greenhouse gas (GHG) intensity, which is already among the lowest in the world. Nucor is reducing its GHG intensity by increasing its use of renewable energy and supporting the continued growth of clean energy generation in the United States; invest in new energy efficiency technologies; capture and store CO2 emissions; and encourage GHG reductions throughout the steel supply chain.

Through its use of electric arc furnaces made from recycled scrap metal, Nucor’s steel production GHG intensity is less than one-quarter of the global average and one-fifth of the integrated steelmaker’s average . Earlier this year, Nucor began producing Econiq™, the world’s first large-scale carbon-free steel, to help customers achieve their sustainability goals.

About Nucor
Nucor and its subsidiaries are manufacturers of steel and steel products, with operating facilities in United States, Canada and Mexico. Products manufactured include: carbon and alloy steel — in bars, beams, plates and plates; hollow structural section tubes; Electrical conduit; steel shelving; steel pilings; steel beams and joists; steel bridge; fabricated concrete reinforcing steel; cold finished steel; investment castings; steel fasteners; metal building systems; insulating metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also trades ferrous and non-ferrous metals, pig iron and hot briquetted iron/direct reduced iron; provides ferroalloys; and processes ferrous and non-ferrous scrap. Nucor is North America biggest recycler.

Forward-looking statements
Certain statements in this press release are “forward-looking statements” that involve risks and uncertainties that we believe will or may occur in the future and could affect our business, financial condition and operating results. The words “anticipate”, “believe”, “expect”, “intend”, “plan”, “may”, “will”, “should”, “could” and similar expressions are intended to identify these forward-looking statements. These forward-looking statements reflect the company’s best judgment based on current information and, although we base these statements on circumstances that we believe were reasonable at the time they were made, there can be no assurance that future events will not affect the accuracy of these forward-looking statements. information search. As such, forward-looking statements are not guarantees of future performance, and actual results may differ materially from the projected results and expectations discussed in this press release. Factors that could cause the Company’s actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to: (1) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (2) US and foreign trade policies affecting imports or exports of steel; (3) the sensitivity of the results of our operations to prevailing market prices for steel and to changes in the supply and cost of raw materials, including pig iron, iron ore and scrap; (4) the availability and cost of electricity and natural gas, which could adversely affect our steel production costs or cause the delay or cancellation of existing or future drilling in our programs natural gas drilling; (5) critical equipment failures and business interruptions; (6) market demand for steel products, which in the case of many of our products is driven by the level of non-residential construction activity in United States; (7) impairment of the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (8) uncertainties surrounding the global economy, including global excess steelmaking capacity, inflation and changes in interest rates; (9) fluctuations in currency conversion rates; (10) material changes in governmental laws or regulations affecting environmental compliance, including laws and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs, capital expenditures and our operating costs or result in the revocation of one or more of our licenses or make it more difficult to obtain license amendments; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; (13) our safety performance; and (14) the impact of the COVID-19 pandemic and any variants of the virus. These and other factors are discussed in Nucor’s regulatory filings with the Securities and Exchange Commission, including those in “Element 1A.” Risk Factors” of Nucor’s Annual Report on Form 10-K for the year ended December 31, 2021. The forward-looking statements contained in this press release speak only as of this date, and Nucor undertakes no obligation to update them, except as required by applicable law.

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