Nucor Corporation manufactures steel and steel products through steel mills, steel products and raw materials segments, with operating facilities in the United States, Canada and Mexico. Its recurring company updates cover quarterly earnings, shipment volumes, average selling prices, end-market demand, operating-segment performance, earnings guidance and conference-call materials.
Nucor news also includes capital return actions such as dividends and share repurchase authorizations, executive leadership and succession updates, and developments tied to carbon and alloy steel in bars, beams, sheet and plate; fabricated steel products; scrap processing; and raw-materials activities.
Nucor (NUE) reported third-quarter 2026 net earnings attributable to stockholders of $1.32 billion, up from the preceding quarter and year-earlier period. Diluted earnings per share reached $5.80, versus $5.04 in the second quarter and $2.63 a year earlier. Net sales were $11,249 million, compared with $10,397 million and $8,521 million, respectively.
Steel mills and steel products segment earnings increased sequentially, while raw materials earnings declined. Nucor returned approximately $629 million to stockholders during the quarter and ended it with $3.64 billion in cash and short-term investments. Its West Virginia sheet mill achieved its first heat in September, and a second Berkeley galvanizing line recently started up. Nucor expects fourth-quarter earnings to be generally in-line with or modestly higher than third-quarter earnings, with stable steel segment earnings and slightly lower raw materials earnings.
Nucor (NUE) plans to invest $60 million to expand its Towers & Structures facility in Trinity, Alabama, subject to regulatory and other approvals. The project will increase production of steel poles and other utility structures and add 60 jobs with average annual wages exceeding $87,000.
The facility began operations in September 2025 adjacent to Nucor Steel Decatur. The expansion will add production capacity, laydown space and a dedicated galvanizing inspection area. Nucor is also constructing a fourth Towers & Structures facility in Utah, which it expects to begin operations in 2027.
Nucor (NYSE: NUE) will hold its third-quarter 2026 earnings conference call on October 27, 2026, at 10:00 a.m. Eastern Time. Chair and Chief Executive Officer Leon Topalian will host the webcast, reviewing results for the quarter ended October 3, 2026, followed by a question-and-answer session. An archived call will be available on Nucor's website.
Nucor (NUE) plans a $105 million expansion of its utility towers and structures facility in Crawfordsville, Indiana, subject to approvals. The investment will add capacity to manufacture utility poles and related products for power transmission and distribution infrastructure.
The expansion includes more than 120,000 square feet of additional manufacturing space with automation and new production equipment. Nucor expects the investment to create 100 new jobs paying average annual wages of $87,500; the facility currently employs 328 people. Regulatory and other approvals remain pending. Nucor cites demand in the utility market as the reason for the expansion and is also constructing a towers and structures facility in Utah.
Nucor (NUE)/b) declared a regular quarterly cash dividend of $0.56 per share on its common stock, marking the company’s 214th consecutive quarterly cash dividend.The dividend is payable on November 10, 2026 to shareholders of record as of September 30, 2026. Nucor describes itself as a manufacturer of steel and steel products with operations in the United States, Canada and Mexico and notes that it is North America's largest recycler.
Nucor (NUE) issued guidance for third quarter 2026 earnings, expecting net earnings of $5.55 to $5.65 per diluted share.
This compares with second quarter 2026 net earnings of $5.04 and adjusted net earnings of $4.84 per diluted share, and $2.63 per diluted share in third quarter 2025. Third quarter earnings are expected to rise in the steel mills and steel products segments, driven by higher average selling prices, stable or higher volumes, and higher realized pricing, while the raw materials segment is expected to see lower earnings on weaker pricing and shipments.
Second quarter results benefited from a $61 million non-cash gain related to Nucor's Helion investment and $130 million in cash refunds on prior raw material procurement costs, benefits not expected to recur. In the third quarter to date, Nucor has repurchased about 2.03 million shares at an average price of $247.04 and has returned approximately $1.36 billion to stockholders year-to-date via share repurchases and dividends.
Nucor (NYSE: NUE) will invest $59 million to expand its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding production capabilities for steel grating products. The project is expected to create 20 new full-time jobs, supplementing more than 300 existing teammates at the site.
According to Nucor, this is the company’s fourth major recent investment in Indiana, following projects of $290 million, $115 million and $28.5 million. Together, these Indiana investments have created approximately 300 new jobs, and Nucor now employs over 2,600 teammates at more than a dozen locations across the state.
Nucor (NYSE: NUE) reported second quarter 2026 net earnings attributable to stockholders of $1.16 billion, or $5.04 diluted EPS, and adjusted net earnings of $1.11 billion, or $4.84 per diluted share. Net sales were $10.40 billion, up 9% sequentially and 23% year over year.
Earnings before noncontrolling interests were $1.28 billion and EBITDA was $2.02 billion. Steel mills led the earnings increase, benefiting from higher average selling prices, higher volumes, and a $130 million reduction to cost of products sold. Nucor recorded a non‑cash, pre‑tax benefit of $61 million from its investment in Helion.
At quarter end, Nucor held $2.69 billion in cash, cash equivalents and short‑term investments, with an undrawn $2.25 billion revolver maturing in 2030. The company returned $479 million to stockholders in Q2 2026 and expects higher consolidated earnings in the third quarter of 2026.
Nucor (NYSE: NUE) will host a live webcast conference call reviewing its second quarter 2026 results for the period ended July 4, 2026. The call, led by Chair and CEO Leon Topalian, will take place on Tuesday, July 28, 2026, at 10:00 a.m. Eastern Time and will be accessible via Nucor’s website or a dedicated events link, with an archived replay available online.
Nucor (NYSE:NUE) issued guidance for its second quarter ending July 4, 2026, expecting earnings of $4.70–$4.80 per diluted share. Excluding a $0.20 non-cash benefit from its Helion investment, adjusted EPS is guided to $4.50–$4.60, above prior-year and prior-quarter results.
The company anticipates higher earnings across all segments, benefits from ~$130 million in raw material cost refunds, and has returned ~$630 million to shareholders year-to-date through buybacks and dividends.