Subsequently, EAF steel production remains a core part of Nucor’s business, but the company also has expanded upstream into metal recycling and direct-reduced iron (DRI) production and downstream into ...

Charlotte, North Carolina-based Nucor Corp., which is currently building a new sheet mill in Mason County, reported lower 2024 third quarter earnings Monday afternoon. Nucor reported consolidated ...

Business unit of Enviri will provide slag and scrap processing services to Nucor’s EAF mill in Kingman, Arizona, for 10 years. Along with scrap metal-related services, Harsco will help convert steel ...

Steel giant Nucor’s revenue fell 15% year over year to $7.44 billion in Q3, according to its earnings report last week. The lackluster performance was driven by softening demand in manufacturing ...

Nucor Steel officials welcomed U.S. Senator Joe ... you have to have the building blocks of America made in America,” said the Senator. Manchin said parts of the Inflation Reduction Act, which ...

Nucor expects earnings to decline in the current quarter due primarily to lower average selling prices of steel, the company said Tuesday. For the third quarter, the steel manufacturer projects ...

Global steel use stands at 1.9 billion tons yearly, essential for various industries. Five major steel companies include Nucor ... steel are used annually for buildings, bridges, automobiles ...

Nucor Corporation faces significant headwinds due to declining steel prices and may continue pulling down volumes, driven by low-cost, carbon-intensive steel imports impacting domestic prices.

Nucor Steel says the new line will expand capabilities ... product for our customers in the surrounding states, but it’s ...

However, it ranks at the bottom for Revenue Growth. About Nucor Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills.

Nucor Corporation (NYSE:NUE), a leading North American steel producer, finds itself navigating a complex market environment characterized by fluctuating demand, pricing pressures, and strategic ...

Morgan Stanley analyst Carlos De Alba maintained a Buy rating on Nucor ... girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems ...