U.S. Steelmakers Gird for $1 Billion in First-Quarter Kickoffs, an Industrial Info News Alert
Nucor Corporation (NUE)
Last nucor corporation earnings: 4/28 08:00 am
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Source: Business Wire
SUGAR LAND, Texas--(BUSINESS WIRE)--Three major steel producers are leading capital investments set to kick off across the U.S. in January, with demand from the automotive and renewable-energy industries driving their capacity additions.Industrial Info is tracking more than $1 billion worth of steel-manufacturing projects that are set to begin construction in the first quarter of 2025, with revamps accounting for the largest number of developments.Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) is preparing to begin work on a $280 million modernization of its steel coil and plate mill in Tuscaloosa, Alabama. The company plans to convert the existing, 1.2 million-ton-per-year plant into a highly advanced tandem Steckel mill, which is designed to produce thinner, stronger, higher-quality plate. SMS Group (Mönchengladbach, Germany), which is providing the technology, says "the improved furnace efficiency reduces the system's natural gas consumption."Click here to read the re
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News
- U.S. Steel (X) Surges 9.5%: Is This an Indication of Further Gains? [Yahoo! Finance]Yahoo! Finance
- 1 Magnificent Dividend King Stock Down 40% to Buy and Hold Forever [Yahoo! Finance]Yahoo! Finance
- US Steel Forecasts Weaker Earnings on ‘Depressed' Prices [Yahoo! Finance]Yahoo! Finance
- Nucor (NUE) Registers a Bigger Fall Than the Market: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
- Nucor Co. (NYSE: NUE) had its price target lowered by analysts at Citigroup Inc. from $240.00 to $160.00. They now have a "buy" rating on the stock.MarketBeat
NUE
Earnings
- 10/21/24 - Miss
NUE
Sec Filings
- 11/22/24 - Form 4/A
- 11/13/24 - Form 4
- 11/12/24 - Form 144
- NUE's page on the SEC website