The Minimill That Acts Like A Biggie

Low-cost Steel Dynamics wants to lure high-end customers

Three years ago, when Keith Busse set out with a couple of his pals to raise $310 million dollars to build a steel mill, their resumes sported one vital word: Nucor Corp. In the '80s, Busse had led the construction of Nucor's revolutionary flat-rolled minimill in Crawfordsville, Ind. By using scrap metal to make far cheaper steel, Busse's minimill allowed Nucor to grab markets held by the industry's giants.

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