Nucor Corporation announces that it will reorganize the Company's plate group, including ceasing production at Nucor Steel Longview, LLC. All Nucor Steel Longview teammates will be offered employment opportunities at other Nucor divisions.

Purchased by Nucor in 2016 for approximately $29 million, the mill produces heavy steel plate and has a rated annual capacity of 100,000 tons. The assets at Longview will be evaluated and deployed across Nucor's mills where appropriate.

"I'd like to thank our teammates at Nucor Steel Longview for their outstanding performance and achievements during the past several years. My hope is that all our teammates will choose to remain a part of our Nucor family and accept positions at other Nucor divisions," said Al Behr, Executive Vice President for Plate and Structural Products.

Nucor expects the phase out of production to occur in the third quarter of this year. Production will be transferred to Nucor's remaining plate mills, including its new state-of-the-art plate mill in Brandenburg, Kentucky, which began operating earlier this year. The Brandenburg mill will produce discrete, coiled, and heat-treated plate ranging from 60 to 168 inches wide, and in gauges from 3/16 of an inch to 14 inches.

With its discrete plate mill in Hertford County, North Carolina, cut-to-length and discrete mill in Tuscaloosa, Alabama, and the recent addition of the Brandenburg mill, Nucor's plate group is well-positioned to serve the market with reliable, high-quality, sustainable steel plate products.