Nucor Shows Muscle With Bold Louisiana Iron and Steel Study, an Industrial Info News Alert

SUGAR LAND, TX -- (MARKET WIRE) -- 06/04/08 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- After a series of high profile steel industry losses, beginning with the failure and closure of American Iron Reduction LLC in 1999 and ending with 2006's loss of the ThyssenKrupp steel project to Alabama, Louisiana could be on the verge of an economic coup with the recently announced plans for an integrated pig iron and steel manufacturing complex by Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) in Convent, Louisiana. An investment that could exceed ThyssenKrupp's $3.7 billion steel mill project, which is being constructed north of Mobile, Alabama, Nucor's project involves a multi-phased development that could reach $4 billion if all three phases of the project are built.

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