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Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; and bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. This segment also engages in the piling distribution business. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.
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The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
Bloomberg's “Odd Lots” podcast recently discussed with energy investor John Arnold why it's so difficult to build products in America. The discussion got me thinking about American manufacturing s...
Nucor (NUE) expects second-quarter earnings to decline sequentially and has returned over $1.76 billion to stockholders so far in 2024....
CNBC's Seema Mody reports on news from Nucor....
Shares of Nucor Corp. NUE, -0.21% dropped 2% toward a 7 1/2-month low in premarket trading Friday, and a sixth straight loss, after the steel and steel products maker warned of a second-quarter earnin...
CHARLOTTE, N.C. , June 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its second quarter ending June 29, 2024....
CHARLOTTE, N.C., June 6, 2024 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.54 per share on Nucor's common stock....
Nucor (NUE) is acquiring Rytec Corporation for $565 million to expand its product portfolio and leverage cross-selling opportunities in the commercial doors market....
Nucor (NUE) reachead $166.81 at the closing of the latest trading day, reflecting a -1.21% change compared to its last close....
CHARLOTTE, N.C., June 3, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has entered into an agreement to acquire Rytec Corporation, a manufacturer and seller of high-speed...
