Nucor
Latest News
Nucor Reports Record 2nd Quarter, Six-Month Results
18 July 2008 - Nucor announces record consolidated net earnings of $580.8 million on record consolidated net sales of $7.09 billion for the second quarter, and record consolidated net earnings of $990.5 million on record consolidated net sales of $12.06 billion for the first half of 2008.
Nucor Ad Campaign Honored by NYC Business Marketing Association
11 July 2008 - A Nucor ad campaign takes top honors at the Business Marketing Association of New York City’s 25th annual awards competition.
Nucor Completes Acquisition of 50% Stake in Duferdofin
09 July 2008 - Nucor completes its previously announced acquisition of 50% of the stock of Duferdofin–Nucor Srl for a purchase price of euro 423.5 million, or approximately $658 million.
SeverCorr Reaches Settlement with Nucor
01 July 2008 - SeverCorr, LLC reaches a settlement in the case of Nucor versus John Bell and SeverCorr.
Nucor Restarts Upgraded Coil-to-Bar Drawing Line at Norfolk
26 June 2008 - Danieli announced the recent start-up of one of the primary coil-to-bar drawing lines at Nucor’s cold finishing plant in Norfolk.
Nucor Names General Manager for New Ironmaking Facility
20 June 2008 - Nucor announces the Vice President and General Manager for the company’s new state-of-the-art coke and ironmaking facility.
Nucor to Acquire Ambassador Steel
13 June 2008 - Nucor’s Harris Steel will acquire the issued and outstanding common shares of Ambassador Steel for a cash purchase price of approximately $185,000,000.
Danieli Corus to Design Blast Furnace for Nucor’s Greenfield Ironmaking Plant
13 June 2008 - Danieli Corus will design and supply a greenfield blast furnace plant and related installation parts for Nucor’s new ironmaking facility that may be built in St. James Parish, La.
Nucor Bumps up 2nd Quarter Earnings Guidance
06 June 2008 - Strong shipments and higher margins are prompting Nucor Corp. to increase its earnings guidance in the range of $1.75 to $1.80 per diluted share for the second quarter, significantly better than the $1.55 to $1.60 per share that Nucor had previously forecast.
Nucor Closes Common Stock Offering
30 May 2008 - Nucor closes its public offering of 27,667,580 shares of common stock, including 2,667,580 shares issued after the underwriters exercised their over-allotment option.
Nucor Prices Common Stock Offering
23 May 2008 - Nucor prices its public offering of 25 million shares of its common stock at $74.00 per share.
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.
