Two major milestones have been met in the construction of Nucor Corp.’s direct-reduced iron plant in Convent, La., and the steel corporation is set to begin hiring next week for the second phase of its proposed $3.4 billion steel facility.

Les Hart, Nucor Steel Louisiana general manager, shared these developments with the St. James Parish Council on Wednesday during a presentation on economic development in the parish.

Officials repeated the information Thursday during an earnings report conference call with financial analysts.

"We’ve reached a couple major milestones in construction work," Hart told the St. James Parish Council...

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