Nucor Acquires Steel-Tubing Producer as Anti-Dumping Measures Boost Steelmakers

SUGAR LAND--September 20, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina), one of the largest U.S.-based steel producers, announced yesterday that it will acquire Independence Tube Corporation (Chicago, Illinois) for $435 million. Independence Tube manufactures hollow structural section (HSS) steel tubing, which is used in agricultural, construction and infrastructure-related equipment. Industrial Info is tracking more than $623 million in active projects from Nucor.

Within this article: Details on Nucor's related projects.