Nucor Introduces Sustainable-Steel Product for Offshore Wind

January 23, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Amid the Biden administration's goal of 30 gigawatts (GW) of offshore wind power by 2030, and the recent passage of the Inflation Reduction Act (IRA), Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) last week introduced its new sustainable heavy-gauge steel-plate product intended specifically for offshore wind applications. The steel producer plans to manufacture the product, Elcyon, at its new, $1.7 billion steel-plate mill in Brandenburg, Kentucky, which produced its first steel plate at the end of December.