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

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.

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

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