The company says capacity from its Longview, Texas, plate mill will be picked up by its new Brandenburg, Kentucky, mill. The Longview mill to be idled has 100,000 tons of plate steelmaking annual ...
Nucor Corporation (NYSE: NYSE:NUE), a leading North American steel producer with a market capitalization of $29.8 billion, ...
Executives of steel maker Nucor Corp. have dropped their plan to build a rebar micro mill in the Pacific Northwest because they think some of the company’s other recent investments have given them ...
Cleveland-Cliffs saw a 25.2% gain in early trading after the announcement, not just on sentiment but solid fundamentals. The company is heavily exposed to imports, particularly in flat-rolled products ...
While Nucor expects to earn less than half of what it did the prior quarter, U.S. Steel anticipates losing money this quarter. “We expect earnings in the steel mills segment in the first quarter of ...
Nucor's low-cost, sustainable steel production and strong domestic focus position it as a resilient player in the U.S. steel market. Despite a 30% stock drop, Nucor's innovative EAF technology and ...
The Zacks Steel Producers industry is well poised to benefit from an uptick in steel prices this year from last year's lows. A resilient non-residential construction market and firm demand in the ...