Nucor Corporation (NYSE: NUE) announced the successful start-up of production at our direct reduced iron (DRI) facility in St. James Parish, Louisiana. Production of DRI began on Tuesday, December 24, and has continued at planned ramp-up ...
Tags: steel, metallurgy
Nucor Corp. announced Tuesday that Daniel R. DiMicco will retire from the Board of Directors of Nucor and from his position as Executive Chairman on December 31, 2013. Nucor's Board of Directors also announced that John J. Ferriola, who ...
During Nucor Corporation's Q1 2013 conference call Thursday, President and CEO John Ferriola noted that the flat rolled steel market is poised for a difficult year. Ferriola said that the "amount of overcapacity is phenomenal right now," ...
Tags: Nucor, Sheet Market
On Tuesday, Nucor Corporation announced net earnings of $504.6 million for the full year 2012, down from $778.2 million in 2011. Meanwhile, Q4 2012 income totaled $136.9 million, down slightly from net earnings of $137.1 million in Q4 2011 ...
Tags: Nucor Corporation, scrap, Steel mill
The Baltimore Sun reported that an out of state steelmaker has bought the most valuable piece of the Sparrows Point plant to use as spare parts, a move that could kill the last hopes that the steel mill might be purchased by an operator and ...
Tags: steel mill, Metal Market, cold mill, thickness steel