Nucor
Latest News
Partnership Reaches New Milestone in Work on Third-Generation AHSS
06 January 2017 - A research team developing third-generation, advanced high-strength steels said it has taken a significant step forward, producing sample casts of two alloys whose properties almost meet government targets for strength and formability.
Nucor to Buy Republic Conduit, Pushing Recent Pipe and Tube Investments to Nearly US$1B
15 December 2016 - Nucor Corp. has signed an agreement to acquire Republic Conduit from Luxembourg-based Tenaris S.A. for US$335 million, the steelmaker said on Thursday.
Seasonal Declines Expected to Dampen Nucor Earnings
15 December 2016 - Nucor Corp. expects to post weaker fourth-quarter earnings due to the typical end-of-year slowdown, the company said on Thursday.
Nucor Stakes Another Claim in HSS Market
06 December 2016 - Nucor Corp. has signed a deal to acquire Alabama-based Southland Tube Inc., America’s third-largest producer of hollow structural sections, for US$130 million.
Nucor Selects Primetals for Plate Mill Upgrades
29 November 2016 - Primetals Technologies has won a contract to upgrade the finishing end of a Nucor plate mill in North Carolina, the equipment manufacturer has announced.
Nucor JV Selects SMS to Build Continuous Galv Line
21 November 2016 - SMS group has won a contract to equip a planned galvanizing mill in central Mexico, the company has announced.
Commerce Department Sets Anti-Dumping Duties on Steel Plate
07 November 2016 - The U.S. Commerce Department has set preliminary anti-dumping duties on carbon and alloy cut-to-length plate from China and eight other Asian and European nations.
U.S. Producers Materially Injured by Dumped Rebar , Says Trade Commission
03 November 2016 - U.S. producers appear to have been harmed by dumped rebar from Japan, Taiwan and Turkey, the U.S. International Trade Commission said in a preliminary ruling on Thursday.
Nucor Finalizes Independence Tube Acquisition
01 November 2016 - Nucor Corp. has closed on its US$435 million acquisition of structural tube manufacturer Independence Tube and has named an executive to lead the business.
Ferriola Confident Big River Won't Drain Nucor's Business
21 October 2016 - Nucor Corp. is prepared to battle start-up Big River Steel, and, in fact, believes it has the upper hand on its new competitor, Nucor chief executive John Ferriola said Thursday.
Independence Tube Acquisition Might Spark Needed Consolidation of Structural Tube Producers, Says Zekelman Industries CEO
05 October 2016 - Nucor Corp.’s acquisition of Independence Tube will benefit the structural tube sector and will likely lead to additional acquisitions within the segment, Zekelman Industries executive chairman and chief executive Barry Zekelman said on Wednesday.
Chinese Steelmakers Trying to Evade U.S. Import Tariffs, American Steelmakers Allege
23 September 2016 - Several U.S. steelmakers are accusing their Chinese counterparts of circumventing newly imposed tariffs on cold-rolled and corrosion-resistant steels by diverting products into another country before exporting them.
New Cold Mill to Expand Nucor's Lineup of Specialty Steels
23 September 2016 - Nucor Corp. will add a US$230 million cold-rolling mill to its Arkansas sheet mill, giving it the ability to make some new, higher-value products, the company has announced.
Nucor Signs Deal to Acquire HSS Manufacturer
19 September 2016 - Nucor Corp. is acquiring structural tube manufacturer Independence Tube Corp. for US$435 million, a move that strengthens its grip on the non-residential construction market.
Nucor Forecasts Rising Third-Quarter Earnings
15 September 2016 - Nucor Corp. said it expects to report third-quarter net earnings of between US$0.85 and US$0.90 per diluted share partly on account of improved profitability at its sheet mills and lessening pressure from imported products.
Commerce Department Proposes Big Countervailing Duty on Chinese-Made Plate
08 September 2016 - The U.S. Commerce Department has set preliminary countervailing duties of 210.5 percent on Chinese-made cut to length plate, ruling that producers there have been benefitting from unfair government subsidies.
BlueScope Steel Exits Castrip Joint Venture
23 August 2016 - Australia’s BlueScope Steel Ltd. has divested its stake in Castrip LLC, its thin strip casting technology joint venture, for US$20 million, the steelmaker disclosed on Monday.
Skyline Steel Adding Straight-Seam Welding to Mississippi Plant
18 August 2016 - Pilings maker Skyline Steel is investing US$15 million in its Iuka, Miss., plant to add additional pipe-making capabilities.
Commerce Department Sets Duties on Hot Rolled Coil Imports
08 August 2016 - The U.S. Commerce Department will impose anti-dumping duties of between 3.7 and 34.3 percent on hot rolled coil from seven countries, the department has announced.
Commerce Department Clears the Way for Anti-Dumping Duties on Cold Rolled Steel
22 July 2016 - The U.S. Commerce Department has set final anti-dumping margins of between 1 percent and 35.4 percent on cold rolled steel from five countries – Brazil, Korea, Russia, India and the United Kingdom.
