Nucor
Latest News
Nucor Launches Common Stock Offering
20 May 2008 - Nucor commences public offering of 25,000,000 shares of common stock, and grants underwriters an option to purchase up to an additional 3,750,000 shares at the public offering price, less the underwriting commission, within 30 days following the closing date.
Nucor Announces President for Nucor Europe
19 May 2008 - Nucor announces the promotion of Rex Query to the position of President of Nucor Europe, following the company’s recent announcement of major European investments with Duferco Steel and Sidenor.
Nucor Getting Closer to Site Selection for $2-Billion Ironmaking Facility
16 May 2008 - Nucor applies for a permit to build a state-of-the-art iron-making facility in Louisiana that would produce 3 million tons/year of iron as well as power beyond its own needs through the capture and use of excess energy at the blast furnace and heat-recovery coke plant.
Nucor to form Joint Venture with Sidenor
15 May 2008 - Nucor signs MoU with Sidenor regarding a new joint venture for the production and distribution of long steel products and plate in the Balkans, Turkey, Cyprus, and North Africa.
Nucor Moves Forward on Italian Beams Venture with Duferco
14 May 2008 - Nucor enters agreement to acquire 50% of its Duferdofin-Nucor Srl beam production and distribution joint venture with Duferco, for euro 423.5 million.
Nucor Ranked as America’s Largest Steelmaker
24 April 2008 - No company produces more steel in the United States than Nucor, according to rankings published in the May 2008 issue of American Metal Market.
Nucor Reports Record 1st Quarter Results
18 April 2008 - Nucor reports consolidated net earnings of $409.8 million on record consolidated net sales of $4.97 billion for the first quarter of 2008, marking the company’s fifth consecutive year of reporting record first-quarter earnings.
SMS Demag to Provide 2nd X-Melt LF for Nucor Steel Tuscaloosa
04 April 2008 - SMS Demag will supply an X-Melt ladle furnace and automation package for Nucor Steel Tuscaloosa, as well as a complete X-Melt meltshop for A. Finkl & Sons.
Nucor Completes Acquisition of Galamba Metals Group, MRS
03 April 2008 - Nucor’s wholly owned subsidiary, The David J. Joseph Co., completes the acquisition of Kansas City, Mo., based Galamba Metals Group, and Monroe, N.C., based Metal Recycling Services Inc.
Nucor Named One of BusinessWeek’s 50 Top Performing Companies
03 April 2008 - Nucor is again named to the BusinessWeek 50, the annual list that ranks top-performing companies based on the rate of return on investment and sales growth over a three-year period.
Nucor to Acquire Monroe-Based Metal Recycling Services
19 March 2008 - Nucor will acquire substantially all the assets of Monroe, N.C., based Metal Recycling Services, a 220,000 tons/year scrap processor.
Nucor-Yamato Introduces Deepest U.S.-Manufactured Beams
14 March 2008 - Nucor-Yamato Steel is introducing 44-inch deep wide-flange structural shapes, making it the first mill in the Western Hemisphere to produce sections at this depth.
Nucor Completes Acquisition of The David J. Joseph Company
04 March 2008 - Nucor completes its acquisition of SHV North America—the owner of 100% of The David J. Joseph Co.—for a purchase price of approximately $1.44 billion.
Nucor to Construct New Coil Processing Center in Mexico
21 February 2008 - Nucor announced plans to construct a new sheet and coiled plate processing center in Mexico with an anticipated capacity in excess of 500,000 tons/year.
Nucor to Acquire David J. Joseph Company
11 February 2008 - Nucor will buy David J. Joseph Co., one of the country’s leading scrap brokers, in a $1.44-billion deal that will boost its total annual scrap processing capacity and provide access to extensive brokerage operations.
MultiServ Gets Contract Extensions at Corus Ijmuiden, Nucor Yamato
08 February 2008 - Harsco’s MultiServ mill services division is awarded multi-year contract extensions at the 7 million tonne/year Corus IJmuiden strip products works in the Netherlands, and at the Nucor Yamato works in Arkansas, which is preparing for a significant expansion of its production later this year.
Nucor Reports Results for 2007
25 January 2008 - Nucor Corp. announced consolidated net earnings of $364.8 million on record consolidated net sales of $4.40 billion for the fourth quarter, and consolidated net earnings of $1.47 billion on record consolidated net sales of $16.59 billion for the full year of 2007.
Nucor Endows Steel Professorship at South Dakota School of Mines
24 January 2008 - Nucor will donate $1 million to endow a professorship in metallurgical and steelmaking technologies at the South Dakota School of Mines and Technology.
Nucor Breaks Strip-Casting Record with Castrip Process
16 January 2008 - Nucor sets a new record for sequence casting -- 24 ladles of steel, cast continuously, over a 38-hour period -- at the world's first commercial Castrip-based strip-casting facility for plain-carbon steel sheet.
Nucor, Duferco to Form Joint Venture to Produce, Distribute Beams
11 January 2008 - Nucor signs Memorandum of Understanding with the Duferco Group to establish a 50/50 joint venture for the production of beams in Italy and the distribution of beams in Europe and North Africa.
