Nucor Buys Connecticut Steel, Enters Venture to Produce Steel Framing

April 2006
Metal Center News;Apr2006, Vol. 46 Issue 4, p56
Trade Publication
The article reports that the Nucor Corp. has ventured into an agreement to purchase the Connecticut Steel Corp. for an estimated amount of $43 million. The Connecticut Steel Corp. has a bar products mill that has an annual capacity of around 300,000 tons of wire rod and rebar and around 85,000 tons of wire mesh and structural mesh fabrication. Don Moody, general manager of Nucon, stated that the firm recognizes the significance of the use of light-gauge steel framing in residential construction.


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