Nucor Corporation announced Wednesday guidance for its third quarter ending October 4, 2014, expecting results to be in the range of $0.70 to $0.75 per diluted share, which represents an increase from both the third quarter of 2013 and ...
Tags: Nucor, Structural steel
Global steel giant ArcelorMittal and Brazilian steelmaker Gerdau have jointly announced that they have entered into a definitive transaction agreement to sell their respective 50 percent interests in Gallatin Steel Company (Gallatin) to ...
Tags: Gallatin Steel, Nucor, ArcelorMittal
Nucor Corporation announced Thursday consolidated net earnings of $147.0 million for the second quarter of 2014. By comparison, Nucor reported net earnings of $111.0 million in the first quarter of 2014 and net earnings of $85.1 million in ...
Tags: Nucor Corporation
Louisville, Kentucky-based Steel Technologies LLC announced Tuesday its agreement to purchase Stripco LLC, Stripco Sales Company, LLC, and Stripco Express Inc. (collectively, “Stripco”). Stripco is a premier value-added steel ...
Tags: Steel Technologies, Steel
The US Department of Commerce announced Friday that it has initiated antidumping and countervailing duty investigations of imports of carbon and certain alloy steel wire rod from China. Estimated dumping margins have been set at ...
Mexican steel producer DeAcero released a request Thursday that the US Department of Commerce avoid trade disputes with Mexico and focus on the defense of NAFTA regions, which receive unfair imports from China and the European Union. In ...
Tags: DeAcero, Rebar Mills
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 Corporation announced Friday the successful start-up of production at its 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 levels ...
Nucor Corporation announced Tuesday guidance for its fourth quarter ending December 31, 2013. Nucor expects fourth quarter results to be in the range of $0.35 to $0.40 per diluted share.This range represents a decrease from both third ...
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
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
Nucor Corporation reported Thursday its guidance for Q1 2013 (ended March 30, 2013). Nucor anticipates earnings to be in the range of $0.20 to $0.25 per diluted share, a substantial drop from Q1 2012 earnings of $0.46 per diluted share and ...
Tags: flat steel market, flat steel, steel market
The United States market presents dull that the ex-work price of hot rolled coil in US has dropped by US$10/short ton to about US$610~630/short ton due to slow demand. On the other hand, the ex-work price of A36 medium heavy plate has ...
Tags: hot rolled coil, US, Steel 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 Arkansas Economic Development Commission announced Tuesday that Big River Steel, LLC will build a more than $1 billion steel mill in Mississippi County, Arkansas that will employ about 500 people. The plans are contingent on approval ...
Tags: Steel, steel plant, steel mill