Nucor
Latest News
U.S. Cold Rolled Producers Injured by Imports, U.S. Trade Commission Finds
22 June 2016 - American producers have been harmed by unfairly traded imports of cold rolled sheet from China and Japan, the U.S. International Trade Commission ruled on Wednesday.
Nucor Forecasts Higher Profits in Second Quarter
15 June 2016 - Nucor Corp. expects its second-quarter earnings to increase 66 percent, if not more, on rising shipments and prices, the steelmaker said on Wednesday.
Nucor Joint Venture Eyes Mexican Auto Market
09 June 2016 - Nucor Corp. plans to build a US$270 million galvanized sheet mill in central Mexico through a new joint venture, the company has announced.
(UPDATE) Nucor to Open New Joist, Decking Facility in Canada
15 May 2016 - Nucor Corp.'s joist and decking unit is setting up a fabrication shop in Canada and plans to begin producing products later this year, the company has announced.
Tata Sets its Eye on Seven Bids -- Maybe More -- for U.K. Business
11 May 2016 - Seven preliminary offers for Tata Steel’s U.K. business have passed an initial review and will receive further consideration from the company. And it may add others to the list, Tata has announced.
Steel Manufacturers Association Announces Winners of Safety, Innovation Awards
27 April 2016 - The Steel Manufacturers Association has named Gerdau’s Midlothian, Texas, plant as the recipient of the Don B. Daily SMA Achievement in Safety, its highest safety award.
Nucor's First-Quarter Sales Slide, But Sees Better Times Ahead
22 April 2016 - Nucor Corp. saw its first-quarter sales decline by 16 percent, but the steelmaker said the market has begun to improve and is expecting much better results this quarter.
AIST Announces Steelmaker of the Year
11 April 2016 - The Association for Iron & Steel Technology has named Nucor Corp. chairman and chief executive officer John J. Ferriola as its 2016 Steelmaker of the Year, the association has announced.
U.S. Plate Producers File Trade Complaint Against 12 Countries
08 April 2016 - American steel producers are seeking trade actions against imported carbon and alloy cut-to-length plate from 12 countries, alleging that overseas manufacturers have been undercutting domestic prices.
Nucor Plans Upgrades to Alabama Sheet Mill
05 April 2016 - Nucor Corp. is spending approximately US$4.4 million to upgrade the pickling line at its Decatur, Ala., sheet mill, according to reports.
Steel Imports Have Declined Slightly, Market Has Improved Modestly, Nucor Says
15 March 2016 - Nucor Corp. said its mills are benefiting from “modest” market improvements and expects to post a first-quarter profit of between 20 and 25 cents per share later this spring.
Nucor CEO Skeptical That China Will Cut Excess Steelmaking Capacity
26 February 2016 - Unfairly traded imports, along with low oil and gas prices, have “wiped out” energy sector demand for the types of steel grades made at Nucor Steel Gallatin, Nucor Corp. chairman and CEO John Ferriola said earlier this week.
Nucor 2015 Profits Fall; Underperforming Joint Venture Contributes to 4Q Loss
29 January 2016 - U.S.-based Nucor Corp. saw its 2015 profits fall 39 percent on account of lower prices and declining shipments.
Nucor Postpones Decision on US$3.4B Louisiana Steel Works
08 January 2016 - The future of Nucor Corp.’s proposed US$3.4-billion Louisiana steel works is in question after the company left US$130 million in state economic incentives sitting on the table, reports The (New Orleans) Times-Picayune newspaper.
Nucor to Restart DRI Plant
06 January 2016 - U.S.-based Nucor Corp. intends to resume production at its Louisiana direct reduced iron (DRI) plant by the end of January, the company has announced.
U.S. Commerce Department Proposes Big Dumping Margin on Chinese-Made Corrosion-Resistant Steel
23 December 2015 - The U.S. Department of Commerce has made a preliminary determination that steel producers in China, India, Italy and South Korea have dumped corrosion-resistant steel in the U.S.
Weak Demand Forces Nucor To Halt Production at DRI Plant
17 December 2015 - Nucor Corp. is temporarily halting production at its direct reduced iron (DRI) plant in Louisiana due to market conditions, the U.S.-based steelmaker has announced.
Nucor Awards Contract for Rod Mill Upgrades
17 December 2015 - Primetals Technologies has won a contract to upgrade coil handling equipment at Nucor Corp.'s Norfolk, Neb.,USA, coiled bar and wire rod mill, the company has announced.
State Appeals Court Upholds Air Permit for New U.S. Mill
10 December 2015 - An Arkansas appeals court has rejected a legal challenge to the air permit issued to a US$1.3-billion steel mill being built in the state, according to reports.
SMS Wraps Up Modernization Project at Nucor Strip Mill
19 November 2015 - SMS group has completed upgrades to Nucor Corp.’s Berkeley, S.C., USA, compact strip production (CSP) plant, SMS has announced.