Nucor stresses need for affordable natural gas

Nov 11, 2013 | 03:51 PM | Catherine Ngai

Tags  Nucor Corp., steel industry, John Ferriola, natural gas, shale gas, affordable gas, fracking, regulation competitive edge

CHICAGO — Ensuring access to low-priced natural gas will give Nucor Corp., along with other U.S. steelmakers, a competitive edge in global markets, according to president and chief executive officer of the Charlotte, NC-based steelmaker, John Ferriola.

But, that advantage could be under pressure given subsidies by foreign governments to steelmakers and overregulation, Ferriola told participants during CRU’s North American Steel 2013 conference in Chicago Nov. 11. ....

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