Nucor
Latest News
Nucor Announces 2-for-1 Stock Split
09 September 2004 - Nucor Corp. announced that its Board of Directors approved a 2-for-1 stock split. The stock split will be carried out by issuing one additional share of common stock for each share held by stockholders of record on September 30, 2004. The additional shares will be distributed to stockholders on or about October 15, 2004. Nucor common stock's par value will remain at $.40 per share. The stock split is intended to broaden interest in Nucor's common stock and improve its marketability.
AISI Receives First Royalties from Hot Strip Mill Model Sales
31 August 2004 - The American Iron and Steel Institute (AISI) recently received its first royalties from sales of the Hot Strip Mill Model (HSMM). The model is one of several commercially licensed technologies developed under AISI’s Advanced Process Control program, a collaborative effort among steelmakers and the U.S. Department of Energy (DOE) to put breakthrough technologies on the plant floor.
Castrip Process Sets New Sequence Casting Record
26 August 2004 - The Castrip production installation facility at Nucor Corp.'s Crawfordsville, Ind., steel plant, recently cast 7 complete ladles of steel over a 10-hour period.
Nucor Closes Deal on Worthington Cold Mill
04 August 2004 - Nucor Corp. announced that it has closed on the purchase of Worthington Industries’ cold rolling mill in Decatur, Ala., for a cash purchase price of approximately $80 million.
Concast Commissions Nucor-Jewett Meltshop
04 August 2004 - Concast recently started up a new, single-unit meltshop at Nucor’s facility in Jewett, Texas. The new one million ton/year (900,000 tonne) plant consists of a 100-ton (82-tonne) electric arc furnace, twin-station ladle furnace and a four (five)-strand Convex Technology® continuous caster.
Worthington Closes Sale of Decatur Cold Mill to Nucor
03 August 2004 - Worthington Industries, Inc. has completed the previously announced sale of its Decatur, Ala., cold rolling assets to Nucor Corp., effective August 1, 2004.
Nucor Reports Record Results for Second Quarter
23 July 2004 - Nucor Corp. announced record consolidated net earnings of $251.4 million on sales of $2761.8 million for the second quarter, and consolidated net earnings of 364.7 million on consolidated net sales of $5048.2 million for the first half of 2004.
Castrip Achieves 100,000 Ton Milestone at Crawfordsville
18 June 2004 - The first commercial installation utilizing the Castrip(r) Process at Nucor’s Crawfordsville, Ind., plant has surpassed the 100,000 ton cumulative production milestone.
Nucor Adjusts 2nd Quarter Earnings Outlook
16 June 2004 - Bouyed by increased margins, strengthening demand and turnarounds at its newest facilities, Nucor Corp. has announced increased earnings expectations for its second quarter ending July 3, 2004.
Bricmont to Supply Reheat Furnace for Nucor Kankakee
16 June 2004 - Nucor Steel recently awarded a multimillion dollar contract to Bricmont, Inc. for a new pusher reheat furnace.
Nucor to Purchase Corus Tuscaloosa Assets
08 June 2004 - Nucor Corp. has entered into an agreement to purchase substantially all of the steelmaking assets of Corus Tuscaloosa for a cash purchase price of approximately $90 million.
Nucor Restarts Kankakee Bar and Section Mill
04 June 2004 - Nucor Steel Kankakee recently restarted operations on their bar and section mill following completion of a modernization project by Danieli Morgårdshammar. The project included replacement of the existing cooling bed and services for better coping with productivity and product quality requirements.
ISG Announces Starting Lineup for Newly Acquired ISG Weirton
04 June 2004 - With the closing of the Weirton Steel Acquisition, ISG became North America’s largest integrated steel producer. Following the acquisition, ISG President Rodney Mott recently announced the reassignment of several members of the current ISG management team and appointment of several new members.
Nucor Upgrades Coil Temperature Control Mode
04 June 2004 - Nucor recently replaced the computer model on the Hickman facility’s hot mill, and modified the control strategy for sequencing the spray cooling system on the runout tables. The upgrade has provided tighter and more advanced temperature control.
Nucor Announces 125th Consecutive Cash Dividend
03 June 2004 - Nucor Corp.’s Board of Directors declared the regular quarterly cash dividend of twenty-one cents (21 cents) per share on Nucor's common stock.
Nucor to Acquire Decatur Cold Mill from Worthington
28 May 2004 - Nucor Corp. has entered into an agreement with Worthington Industries, Inc. for the purchase of certain assets of their cold rolling mill in Decatur, Ala., for a cash purchase price of approximately $82 million.
Nucor Reports Record 1st Quarter Results
23 April 2004 -
Nucor Revises First Quarter Earnings Outlook
19 March 2004 - Strong pricing across all product ines accompanied by increased demand and decreased pre-operating and start-up costs have led to increased the earnings expectations for Nucor’s first quarter ended April 3, 2004.
Weirton Noteholders Hire John Correnti to Help Formulate Stand-Alone Plan
12 March 2004 - The Informal Committee of Senior Secured Noteholders of Weirton Steel Corp. has retained International Steel Associates, Inc. and its principal, John Correnti to advise the Committee in its efforts to recapitalize and restructure Weirton Steel. Correnti had previously served as CEO of Nucor Steel and CEO of Birmingham Steel.
Stantec to Install Goodfellow EFSOP at Nucor Steel Auburn
08 March 2004 -
