Nucor

Latest News

Nucor Anticipates Profitable Q1

16 March 2023 - Nucor Corp. is expecting a softer first-quarter profit, but said its steelmaking, steel products and raw materials businesses are nevertheless off to a strong start in 2023.

Nucor Board Approves Additional Funding for W.Va. Sheet Mill

23 February 2023 - Nucor Corp. has marked up the price tag on its planned West Virginia sheet mill, saying the project will cost US$400 million more than first thought.

New Roller Leveler Up and Running at Nucor Plate Mill

22 February 2023 - Nucor Corp. has put a new heavy plate roller lever into service at its Tuscaloosa, Ala., USA, facility, according to the manufacturer of the equipment.

Nucor Banks Record 2022 Profits

26 January 2023 - Nucor Corp.’s 2022 profits leaped 24% as the company recorded its safest and most profitable year ever.

Nucor Launches First Sustainable Steel Product for Offshore Wind Applications

19 January 2023 - Nucor Corp. is introducing an advanced, heavy-gauge steel plate designed specifically for offshore wind energy applications.

Danieli Cheers Nucor Corp. Plate Mill Start

10 January 2023 - Along with Nucor Corp, Danieli is celebrating the rolling of the first plate at the steelmaker’s new US$1.7 billion Kentucky plate mill and calling attention to the role its equipment will play there.

Nucor Plate Mill Reaches Start-Up Milestone: Its First Plate

03 January 2023 - Nucor Corp.’s new US$1.7 billion plate mill has rolled its first plate and is undergoing final commissioning, the company announced Tuesday morning.

Nucor Announces New Continuous Galvanizing Line for California Steel Industries

20 December 2022 - The 400,000-tons-per-year line to be constructed in Fontana, Calif., USA, will bring California Steel Industries’ (CSI) total hot-dip capacity to 1.2 million tons per year.

Nucor Expects Q4 Earnings to Slide, Announces Expansion of Steel Towers Business

16 December 2022 - Nucor Corp. expects its fourth-quarter earnings to fall roughly 45% due in part to lower volumes and lower average selling prices, the company said on Thursday.

Nucor Names New Executive Vice President

15 December 2022 - Nucor Corp. vice president and AIST member Noah Hanners is being promoted to executive vice president, the company said on Tuesday.

WTO Rejects Section 232 Steel and Aluminum Tariffs

09 December 2022 - The World Trade Organization (WTO) has ruled that the U.S. Section 232 steel and aluminum tariffs are improper under international trade rules and should be revisited, a conclusion that was quickly dismissed by the Biden administration.

Nucor Invests in Green Ironmaking Startup

08 December 2022 - Nucor Corp. has made an equity investment in a startup company developing a process that can produce iron from low-grade ores and renewable electricity.

Systems Spray-Cooled Lands Order for Micro-Mill Furnace Components

07 December 2022 - Electric arc furnace (EAF) cooling specialist Systems Spray-Cooled has received an order from Nucor Corp. for components that will serve the steelmaker’s planned Lexington, N.C., USA, micro-mill.

Danieli Lands Order for Nucor EAF

29 November 2022 - Nucor Corp. has contracted Danieli to install a new electric arc furnace (EAF) at the steelmaker’s Kingman, Ariz., USA, bar mill, the plant builder has announced.

EAF Steel Producers Push for Process-Agnostic Emissions Limits

17 November 2022 - A group of electric arc furnace (EAF) steel producers have formed a coalition to push back against steel production emissions standards that they say could unfairly punish electric steelmakers while giving blast furnace operators a pass.