DiMicco: Expand Offshore Gas Exploration

April 2006
Metal Center News;Apr2006, Vol. 46 Issue 4, p38
Trade Publication
The article reports that Daniel Dimicco, CEO of Nucor Corp., has joined three other CEO for a press conference supporting a legislative motion to open more of the Outer Continental Shelf to natural gas drilling. The Outer Shelf legislation appeals to the steel industry because the American Iron and Steel Institute estimates that energy represents 20 percent of the cost of production for American steel companies and because steel companies benefit from increased oil and natural gas exploration.


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