Greenwave Technology Solutions, Inc. Positioned to Capitalize on Nucor’s Lexington Facility Launch and Record Domestic Demand

SEATTLE (Waste Advantage): Greenwave Technology Solutions, Inc., a leader in metal recycling operations across Virginia, North Carolina, and Ohio, is set to benefit from the 2025 opening of Nucor Corporation’s state-of-the-art steelmaking facility in Lexington, North Carolina. The facility’s staggering 430,000-ton annual processing capacity, consisting of nearly 100% recycled materials, will significantly increase regional demand for recycled steel.

Greenwave stands as one of North Carolina’s largest suppliers of recycled steel, operating five metal recycling facilities and an industry-leading American Pulverizer 60×85 shredder. Greenwave has a proven track record of supporting Nucor’s operations, supplying its Hertford mill with steel for critical applications, including bridges, heavy equipment, and warships vital to American national security interests, including the $13 billion USS Gerald Ford aircraft carrier.

Key Growth Drivers and Market Opportunities

•          Surging Regional Infrastructure Demand: Supported by recent federal investment, the South Atlantic Region is experiencing an unprecedented surge in construction projects, driving demand for recycled metals.
•          Domestic Market Shift: Greenwave projects 75% of revenue will stem from domestic sales in 2025, up from 41% over the previous four years, as President-elect Trump’s anticipated tariffs and trade policies reshape global steel dynamics. This transition is expected to result in significant revenue growth and margin expansion.
•          Sustainability Leadership: Operating 13 strategically located recycling facilities, Greenwave aligns with the growing emphasis on sustainable, domestically sourced ferrous and non-ferrous metals vital to the U.S. defense and infrastructure sectors.

Courtesy: www.wasteadvantagemag.com