Rain delays start for Nucor plant
CONVENT- The heavy rains over the first two months of the year have pushed back the start-up date for Nucor Corp.'s 2.5 million-ton direct reduced iron plant in St. James Parish.
Nucor said because of "extreme weather conditions", the plant is expected to begin operating late this year. The company had planned to begin running the plant around the middle of the year.
The reduced iron plant's projected cost is $750 million. It is the first of several planned phases in a proposed $3.4 billion steel complex that would ultimately employ 1,250 people and produce millions of tons of steel each year.
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