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Steelmaker Nucor halts some production after cyber security incident By Reuters May 14, 20256:08 AM PDTUpdated May 14, 2025 ...
Nucor CEO Leon Topalian reviewed his company's latest quarter in a Tuesday interview with CNBC's Jim Cramer. Topalian said the steelmaker's record backlog indicates strong demand for products.
Nucor executives said some steel buyers stepped up orders early this year, anticipating that Trump’s tariffs would make imported steel more expensive and drive up domestic prices too. But Nucor ...
Nucor Corp. has entered into an agreement to purchase substantially all of the steelmaking assets of Corus Tuscaloosa approximately $90 million. Tuscaloosa is a coiled plate mill that manufactures ...
Nucor is one of the largest steelmakers in the United States. Steel is a cyclical business, prone to deep downturns during periods of economic concern. Nucor's stock has fallen by more than 45% ...
Conclusion Nucor's low-cost operation and tariff tailwinds make it well-positioned to sustain operation at the bottom of the market and capitalize on potential higher steel prices.
Nucor (NYSE: NUE) has a strong macroeconomic opportunity at play going through the end of the decade, as US tariff policy may potentially lead to an increase in domestic manufacturing.
Nucor shares are rising Wednesday after the steelmaker outlined better second-quarter profit projections than analysts had forecast.