Nucor
Latest News
ArcelorMittal and Gerdau Agree to Sell Gallatin Steel Facility for US$770 Million
15 September 2014 - ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Co. to Nucor Corp. for a total cash consideration of US$770 million, subject to customary closing adjustments.
Nucor to Acquire Gallatin Steel
15 September 2014 - Nucor Corp. has entered into an agreement to purchase all the equity of Gallatin Steel Co. for a cash purchase price of approximately US$770 million.
Nucor Promotes Dave Sumoski To Executive Vice President
11 September 2014 - Nucor Corporation announced that Dave Sumoski, vice president and general manager of Nucor Steel Memphis Inc., will be promoted to executive vice president of engineered bar products, which includes special bar quality (SBQ) and cold finish businesses, effective 14 September 2014.
Arnold Machine Builds Successful Custom Automation System for Nucor Steel
21 August 2014 - Arnold Machine Inc. (AMI), a premier full-service designer and manufacturer of industrial equipment and services, has built and successfully implemented a new proprietary automation system for custom fence posts for Nucor Steel.
Russula to Upgrade Automation System at Nucor Steel Utah’s No. 2 Bar Mill
13 August 2014 - Russula will upgrade the automation system and drives for the stacker on Nucor Steel Utah’s No. 2 bar mill in Plymouth, Utah.
Nucor Executive VP Keith Grass To Retire; Joe Stratman to Assume Responsibilities
04 August 2014 - Keith Grass, Nucor's executive vice president of raw materials and chief executive officer of The David J. Joseph Company (DJJ), plans to retire effective 12 September 2014.
Nucor Reports Improved Mill Performance in Second Quarter
24 July 2014 - As it reported its second quarter earnings results, Nucor said it expects to see a stronger improvement in earnings in the third quarter.
Ferriola Hints at Second DRI Plant for Louisiana
23 June 2014 - A report by American Metal Market, sponsor of the New York Steel Success Strategies XXIX, organized by World Steel Dynamics, claims that American steelmaker Nucor Corporation is seriously considering a new Direct-Reduced Iron (DRI) plant in Louisiana, USA, as well as a new heat-treat line at its Tuscaloosa, Alabama, plate mill.
Nucor Announces Guidance For Its Second Quarter Earnings
20 June 2014 - Nucor Corporation (NYSE: NUE) announced today guidance for its second quarter ending July 5, 2014. Nucor expects second quarter results to be in the range of $0.35 to $0.40 per diluted share.
AMM Article: DRI Output to Soar by 2020: Midrex
20 June 2014 - Midrex Technologies Inc. expects direct-reduced iron (DRI) output in the United States to surpass 10 million tons annually "sometime near the end of the decade," director of marketing Henry P. Gaines said.
Nucor Steel Indiana Commissions First EAF ZoloSCAN System
27 May 2014 - Nucor Steel Indiana, in Crawfordsville Ind., has successfully commissioned the first ZoloSCAN-EAF laser off-gas diagnostic system for electric arc furnace steelmaking.
SMA Presents Annual Awards for Safety, Environmental Stewardship, Innovation and Community Involvement
14 May 2014 - The Steel Manufacturers Association (SMA) presented its annual awards for 2014, recognizing the safety, environmental stewardship, innovation and community involvement efforts of the minimill steel industry.
TMEIC Supplies Large Variable Speed Drives to Nucor's DRI Plant
12 May 2014 - TMEIC has completed the installation and startup of two large variable speed drives at Nucor’s direct reduced iron plant in Louisiana.
Nucor Promotes Chad Utermark To Executive Vice President
12 May 2014 - Nucor Corp. announced that Chad Utermark, vice president and general manager of Nucor-Yamato Steel Co., has been promoted to executive vice president of beam and plate products effective 11 May 2014.
North American Steelmaker to Build Castrip® Facility
29 April 2014 - Castrip LLC has signed a license agreement with one of North America's fastest growing steelmakers to build and operate a plant utilizing the Castrip® thin-strip casting process.
Nucor Expects Improvement in Second Quarter Over First
24 April 2014 - Nucor said the largest factor contributing to its decrease in earnings was severe weather conditions, which disrupted customer demand, decreased the amount of railcar availability, contributed to increased energy costs at its steel mills and exacerbated conditions in the seasonally weaker performance of its fabricated construction products businesses.
Steel Technologies to Acquire Stripco
23 April 2014 - Steel Technologies LLC announced its agreement to purchase Stripco LLC, Stripco Sales Co. LLC, and Stripco Express Inc. (collectively, “Stripco”).
Russula to Upgrade Automation System for Nucor Steel Nebraska
31 March 2014 - Russula has been selected by Nucor Steel Nebraska to upgrade the automation system and drives for the rod block and laying head in the NN1 rolling mill.
U.S. Executives Bring Steel Industry Jobs Focus to Capitol Hill
25 March 2014 - On 25 March 2014, chief executives from a number of leading steel companies in the U.S. told members of the Congressional Steel Caucus that many government policies on trade, energy, environment and infrastructure need to be reformed to ensure U.S. industrial competitiveness and preserve American jobs in steel and other manufacturing sectors.
Nucor Announces Guidance for First Quarter Earnings
19 March 2014 - Nucor Corp. announced guidance for its first quarter ending 5 April 2014, noting a major impact from severe weather conditions during the quarter.
