May 25, 2017 / 4:59 PM / 6 months ago

BRIEF-Nucor to build galvanizing line at its Kentucky sheet mill

May 25 (Reuters) - Nucor Corp

* Nucor to build galvanizing line at its kentucky sheet mill

* Investing an estimated $176 million to build a hot band galvanizing and pickling line at its sheet mill in ghent, kentucky

* New galvanizing line will expand Nucor steel gallatin’s product capabilities and have an annual capacity of 500,000 tons​

* Nnew line will create synergies with nucor’s other sheet mills and increase company’s market share of coated steel in midwest​

* Once necessary approvals are obtained, it is expected to take two years to construct galvanizing line and begin operations Source text for Eikon: Further company coverage:

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