Welcome to our dedicated page for Nucor Corporation news (Ticker: $NUE), a resource for investors and traders seeking the latest updates and insights on Nucor Corporation stock.
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Nucor Corporation (NUE) plans to construct a $860 million rebar micro mill in the Pacific Northwest, expanding its production capacity by 50%. The project aims to serve customers better, enhance market leadership, and capitalize on the growing U.S. infrastructure investments. The new mill will focus on producing clean steel from recycled scrap, catering to various industries and end markets.
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Nucor Corporation (NUE) announces a regular quarterly cash dividend of $0.54 per share, marking the 204th consecutive quarterly cash dividend. The dividend is payable on May 10, 2024, to stockholders of record on March 28, 2024.
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Nucor Corporation (NYSE: NUE) reported a diluted EPS of $3.16 and $18.00 for the fourth quarter and full year of 2023, respectively. The net earnings before noncontrolling interests were $872.8 million and $4.91 billion for the same periods. Nucor expects 2024 to be another strong year with planned capital expenditures of $3.5 billion. The company has returned approximately $9.7 billion to shareholders through dividends and share repurchases over the past four years. However, consolidated net sales decreased by 12% in the fourth quarter of 2023 compared to the third quarter of 2023. The average sales price per ton also decreased by 8% compared to the third quarter of 2023. Nucor's consolidated net sales for the full year 2023 decreased by 16% compared with 2022.
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Nucor Corporation (NUE) will be hosting a live conference call to review its fourth quarter 2023 earnings on January 30, 2024. The call will be led by Leon Topalian, Nucor's Chair, President, and CEO. Nucor, a leading steel and steel products manufacturer in North America, will discuss its results, followed by a Q&A session. The event will be available for live streaming and archived for later access.
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Nucor (NUE) invites investors to its live conference call with CEO Leon Topalian to review the fourth quarter results of 2023. The event will be available on the internet on January 30, 2024, at 10:00 a.m. Eastern Time. Nucor is a leading manufacturer of steel and steel products in North America, with a focus on recycling and processing ferrous and nonferrous metals.
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Nucor Corporation (NYSE: NUE) increases its regular quarterly cash dividend to $0.54 per share, payable on February 9, 2024. This marks Nucor's 203rd consecutive quarterly cash dividend and the 51st consecutive year of dividend increase since 1973.
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1.15%
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Nucor Corporation (NYSE: NUE) expects fourth-quarter earnings to be in the range of $2.75 to $2.85 per diluted share, a decrease from the third quarter of 2023 due to lower pricing and volumes across all three operating segments. The company reported net earnings of $4.57 per diluted share in the third quarter of 2023 and $4.89 per diluted share in the fourth quarter of 2022. Nucor plans to release its earnings after the markets close on Monday, January 29, 2024, and will host a conference call the morning of Tuesday, January 30, 2024 at 10:00 a.m. Eastern Time to review the results.
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Nucor Corporation (NYSE: NUE) to Invest $280 Million in Modernizing Steel Plate Mill in Tuscaloosa, Alabama. The investment aims to strengthen Nucor Steel Tuscaloosa's ability to serve key market segments and enhance its product mix. The modernization project will keep the mill competitive in the global steel industry and open up new market opportunities. Nucor's Plate Mill Group has an annual capacity of approximately 3 million tons of cut-to-length and discrete plate, serving various industries including military applications, barge and bridge manufacturing, heavy equipment, and more.
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Nucor Corporation (NYSE: NUE) Sets Ambitious Net-Zero Greenhouse Gas Targets for 2050 and 2030
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Nucor Corporation reports Q3 earnings of $4.57 per share, bringing year-to-date diluted EPS to $14.83. Net earnings of $1.14 billion. Nucor's consolidated net sales decreased 8% to $8.78 billion. Earnings for steel mills and steel products segments declined. Q4 earnings expected to decrease due to lower pricing and volumes.
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Nucor Corporation
NYSE:NUE
NUE Rankings
NUE Stock Data
41.74B
238.91M
0.58%
81.35%
2.04%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
United States of America
CHARLOTTE
About NUE
nucor corporation and its affiliates (nucor) manufactures steel and steel products. the company also produces direct reduced iron (dri) for use in the company’s steel mills. the company’s operations include several international trading companies that buy and sell steel and steel products manufactured by the company and others. in 2012, it recycled approximately 19.2 million tons of scrap steel. in may 2012, arcelormittal announced the sale of its steel foundation distribution business in nafta, namely skyline steel and astralloy (skyline steel) to nucor. the transaction includes 100% of arcelormittal’s interest in skyline steel’s operations in the nafta countries and the caribbean.in june 2012, the company acquired skyline steel llc and its subsidiaries. in august 2012, the company completed the sale of the assets of their nucor wire products pennsylvania facility located in new salem, pennsylvania, to an affiliate of wire mesh corporation.