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Nucor
Latest News
Nucor Plans Third Utility Tower Production Plant
09 January 2025 - Nucor Corp. is expanding its towers and structures business, announcing Thursday that it will build a US$200 million production facility in Utah.
Nucor Forecasts Q4 Earnings Decline
17 December 2024 - Nucor Corp. is cautioning that fourth-quarter earnings are expected to fall more than 80% over the same quarter last year.
Nucor Sets New World Record for Cold DRI Production
06 November 2024 - Nucor Corp.’s Louisiana direct reduction plant produced a record-shattering 330.3 tons per hour of cold direct reduced iron (CDRI) in August 2024, according to one of the mill’s equipment suppliers.
Nucor Progresses on West Virginia Sheet Mill
28 October 2024 - Nucor has set some of the first pieces of equipment at its new West Virginia sheet mill as it eyes a late 2026 start, reports The (Wheeling, W.Va.) Intelligencer.
Nucor Signs SMS group for Steckel Mill Revamp
23 October 2024 - Nucor Corp. has contracted SMS group to modernize its Tuscaloosa, Ala., mill, USA, SMS group has announced.
U.S. Flat-Rolled Producers Lodge Dumping Complaint Over Corrosion-Resistant Sheet
09 September 2024 - Several U.S. steel producers and the United Steelworkers union have filed dumping complaints with the Commerce Department over imports of corrosion-resistant steel from several countries.
Nucor Names New VP at W.Va. Sheet Mill
20 August 2024 - Nucor Corp. has named Johnny Jacobs as vice president and general manager of its new West Virginia sheet mill, succeeding John Farris, who is retiring after 32 years with the company, reports WVNews.
Nucor’s Capital Spend Is About to Rise
29 July 2024 - Nucor Corp. in June marked the opening of its new Gallatin, Ky., tube mill and is looking to bring a number of other, major capital projects across the finish line over the next two years.
American Steel CEOs Push for Further Action on Mexican Imports
24 July 2024 - The U.S. government should take further steps to stop transshipments of steel through Mexico, the chief executive officers of two of the country’s top steel producers said this week, according to the Bloomberg news service.
Nucor to Report Weekly HRC Spot Price
04 April 2024 - Nucor Corp. will begin issuing a weekly spot price for its hot-rolled coil, the company said on Thursday.
Nucor Grows Downstream Products Capabilities
04 April 2024 - Nucor Corp. is expanding its downstream products footprint, acquiring Southwest Data Products Inc. (SWDP), a manufacturer and installer of data center infrastructure, for US$115 million.
Port Improvement to Facilitate Greater Shipments from Nucor Steel Gallatin
25 March 2024 - The Ports of Indiana agency has broken ground on a US$1.3 million project that will expand the shipping capacity of its Jeffersonville, Ind., USA, facility, according to Recycling Today.
Nucor Teams With Google, Microsoft on Electricity Procurement
20 March 2024 - Nucor Corp. will work with Google LLC and Microsoft Corp. to meet their collective electricity needs together and develop procurement models designed to accelerate the development of first-of-a-kind and early commercial projects, including advanced nuclear, next-generation geothermal, clean hydrogen, long-duration energy storage.
Nucor Signs Five-Year Pellet Agreement
14 March 2024 - Nucor Corp. has reupped a commercial agreement with Brazilian iron ore miner Samarco, signing a five-year supply agreement for iron ore direct reduction pellets.
West Virginia Regulators OK Power Line for Nucor Mill
07 March 2024 - The West Virginia Public Service Commission has greenlighted a plant to build a US$86 million power transmission line that will serve Nucor Corp.’s West Virginia sheet mill, reports the (Huntington, W.Va.) Herald-Dispatch newspaper.
Nucor Board Greenlights Funding for New Micro-Mill
21 February 2024 - Nucor Corp.’s board of directors has agreed to allocate US$860 million for construction of a rebar micro-mill, the steelmaker said Wednesday.
Nucor Expects Q4 Profitability to Drop
15 December 2023 - Nucor Corp. said fourth-quarter earnings are likely to decline around 43% from the same period last year on lower pricing and volumes.
Nucor Announces US$280M Plate Mill Improvement
20 November 2023 - Nucor Corp.’s board of directors have greenlighted a US$280 million modernization of its Tuscaloosa, Ala., plate mill, the company announced Friday.
Nucor Announces 2050 Net-Zero Goal
13 November 2023 - Nucor Corp. has set a goal to achieve net-zero emissions target for 2050 under the Global Steel Climate Council’s Steel Climate Standard.
Nucor Celebrates Start of Work in West Virginia Mill
23 October 2023 - Nucor has broken ground on its West Virginia flat-rolled mill, marking the start of work on what is the steelmaker’s single largest investment.
