Steelmakers Find Strength to Expand Under Tariffs

Date Published02/07/2019
Author NameBob Tita
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nucor Corporation
Parent companyNucor Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2019
City reshored to:Maryville
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredconcrete reinforcing bars (made of steel)
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Higher productivity, Proximity to customers/market, Other, import replacement; rising domestic demand
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