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Nucor Corp (NUE.N)

NUE.N on New York Stock Exchange

54.80USD
17 Nov 2017
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$0.01 (+0.02%)
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Latest Key Developments (Source: Significant Developments)

Nucor Corp says EVP Ladd Hall reports open market sale of about 17,583 shares of co's common stock
Monday, 6 Nov 2017 01:55pm EST 

Nov 6 (Reuters) - Nucor Corp :Nucor Corp says EVP Ladd Hall reports open market sale of about 17,583 shares of co's common stock at average price of $57.92 per share on nov 3 - sec filing.  Full Article

Nucor Corp Q3 earnings per share $0.83
Thursday, 19 Oct 2017 09:00am EDT 

Oct 19 (Reuters) - Nucor Corp :Nucor reports results for third quarter and nine months of 2017.Q3 earnings per share $0.83.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q3 sales $5.17 billion versus I/B/E/S view $5.16 billion.Average sales price per ton in Q3 of 2017 increased 2% from Q2 of 2017 and increased 7% from Q3 of 2016​.Total tons shipped to outside customers were 6,618,000 tons in Q3 of 2017, a 2% decrease from Q2 of 2017 and a 12% increase from Q3 of 2016​.Average scrap and scrap substitute cost per ton used during Q3 of 2017 was $317, an increase of 26% compared with $252 in Q3 of 2016​.Expect Q4 earnings to be similar to slightly decreased from Q3, exclusive of previously mentioned tax benefits recognized in Q3.Says "‍imports continue to negatively impact U.S. steel industry"​.Expect steel mills segment to see some decline mainly due to weakness in plate steel and typical seasonality​.  Full Article

Nucor Corp sees Q3 earnings per share of $0.75 to $0.80
Friday, 15 Sep 2017 09:00am EDT 

Sept 15 (Reuters) - Nucor Corp ::Nucor Corp sees Q3 earnings per share of $0.75 to $0.80 .Says ‍Q3 of 2017 expected earnings are lower than qualitative guidance provided with Q2 of 2017 earnings release​.Says expect steel mills segment's earnings in Q3 of 2017 to decrease compared to Q2 of 2017​.Says continued import pressure has not allowed pricing to keep pace with increasing raw material costs during Q3 of 2017​.Says Nucor Steel Louisiana experienced unplanned outages for most of Q3, leading to significantly lower Q3 earnings estimate for raw materials segment​.Says Q3 earnings per share view $1.02 -- Thomson Reuters I/B/E/S.Says profitability of steel products segment in Q3 of 2017 is expected to be improved from Q2 of 2017, but less than Q3 of 2016​.Says "Imports continue to negatively impact U.S. Steel industry".Says ‍forecasted Q3 earnings of plate mills expected to be significantly less than that expected when providing qualitative guidance in July​.Says expect to resume operations in ‍Nucor Steel Louisiana early October​.  Full Article

Nucor Corp sees Q3 of $0.75 to $0.80
Friday, 15 Sep 2017 09:00am EDT 

Sept 15 (Reuters) - Nucor Corp :Nucor Corp - ‍Q3 of 2017 expected earnings are lower than qualitative guidance provided with Q2 of 2017 earnings release​.Nucor Corp - ‍expect steel mills segment's earnings in Q3 of 2017 to decrease compared to Q2 of 2017​.Nucor Corp sees Q3 of $0.75 to $0.80.Nucor Corp - continued import pressure has not allowed pricing to keep pace with increasing raw material costs during Q3 of 2017​.Nucor Corp - ‍nucor Steel Louisiana experienced unplanned outages for most of q3, leading to significantly lower Q3 earnings estimate for raw materials segment​.Q3 earnings per share view $1.02 -- Thomson Reuters I/B/E/S.Nucor Corp - ‍profitability of steel products segment in q3 of 2017 is expected to be improved from Q2 of 2017, but less than Q3 of 2016​.Nucor Corp - "imports continue to negatively impact U.S. Steel industry".Nucor Corp - ‍forecasted q3 earnings of plate mills expected to be significantly less than that expected when providing qualitative guidance in July​.Nucor Corp - expect to resume operations in ‍nucor Steel Louisiana early October​.  Full Article

Nucor files for potential mixed shelf offering, size undisclosed - SEC filing
Thursday, 17 Aug 2017 02:58pm EDT 

Aug 17 (Reuters) - Nucor Corp ::Nucor Corp files for potential mixed shelf offering, size undisclosed - SEC filing.  Full Article

Nucor to acquire Cold Finish Facilities in Missouri And Mexico
Thursday, 10 Aug 2017 09:00am EDT 

Aug 10 (Reuters) - Nucor Corp ::Nucor to acquire Cold Finish Facilities in Missouri and Mexico.Nucor to acquire Cold Finish Facilities in Missouri and Mexico.Nucor - ‍addition of facilities will increase total capacity of Nucor's cold finished bar and wire facilities to more than 1.1 million tons annually​.Nucor Corp - agreed to acquire St. Louis Cold Drawn Inc that mainly serve U.S. and Mexican automotive and industrial markets.Nucor to acquire Cold Finish Facilities in Missouri and Mexico.  Full Article

Nucor reports results for Q2 and first half of 2017
Thursday, 20 Jul 2017 09:00am EDT 

July 20 (Reuters) - Nucor Corp :Nucor reports results for second quarter and first half of 2017.Q2 earnings per share $1.00.Q2 sales $5.17 billion versus I/B/E/S view $5.09 billion.Q2 earnings per share view $1.06 -- Thomson Reuters I/B/E/S.Nucor Corp - total tons shipped to outside customers were 6,748,000 tons in Q2 of 2017, a 5 pct increase from Q2 of 2016.Nucor Corp - ‍average sales price per ton in Q2 of 2017 increased 5 pct from Q1 of 2017​.Nucor Corp - ‍average scrap and scrap substitute cost per ton used during Q2 of 2017 was $313, an increase of 10 pct from $284 in Q1 of 2017​.Nucor Corp - earnings in Q3 of 2017 should be in a range similar to quarterly results of first half of 2017.Nucor Corp - ‍performance of steel mills segment, particularly of sheet mills and bar mills, decreased in Q2 of 2017 as compared to Q1 of 2017​.Nucor Corp - "‍imports continue to negatively impact U.S. steel industry"​.Nucor Corp - ‍"market conditions for hot-rolled sheet products have been challenging due to aggressive competition".Nucor Corp - final determinations issued earlier in 2017 against cut-to-length steel plate imports from twelve countries are having a positive impact.Nucor Corp - continue to gain ground in automotive market and expect to continue that trend through remainder of 2017.  Full Article

Nucor expects Q2 profit in range of $1.00-$1.05/shr
Thursday, 15 Jun 2017 09:00am EDT 

June 15 (Reuters) - Nucor Corp :Nucor announces guidance for its second quarter earnings.Nucor corp - expects q2 results to be in range of $1.00 to $1.05 per diluted share.Q2 earnings per share view $1.22 -- Thomson Reuters I/B/E/S.Nucor - expect decreased performance of our steel mills segment, particularly of our sheet mills and bar mills, in q2 of 2017 compared to q1 of 2017.Nucor corp says "‍imports continue to negatively impact u.s. Steel industry​".Nucor corp says q2 earnings guidance range is a decrease compared to q1 of 2017 consolidated net earnings of $1.11 per diluted share.Performance of our downstream products segment is expected to improve in q2 of 2017 as compared to q1 of 2017.Our raw materials segment's performance is expected to increase in q2 of 2017 as compared to q1 of 2017.Nucor - market conditions for hot-rolled sheet products have been "more challenging" than expected earlier in quarter due to "aggressive competition".Nucor-Final determinations in cut-to-length plate trade cases having positive impact as steel imports of subsidized products have decreased in first 5 months of 2017 versus 2016.  Full Article

Nucor Corp ‍declares quarterly cash dividend of $0.3775 per share
Tuesday, 6 Jun 2017 09:00am EDT 

June 6 (Reuters) - Nucor Corp :Nucor corp - ‍declared regular quarterly cash dividend of $0.3775 per share on Nucor's common stock​.  Full Article

Nucor to build galvanizing line at its Kentucky sheet mill
Thursday, 25 May 2017 12:30pm EDT 

May 25 (Reuters) - Nucor Corp :Nucor to build galvanizing line at its kentucky sheet mill.Investing an estimated $176 million to build a hot band galvanizing and pickling line at its sheet mill in ghent, kentucky.New galvanizing line will expand Nucor steel gallatin's product capabilities and have an annual capacity of 500,000 tons​.Nnew line will create synergies with nucor's other sheet mills and increase company's market share of coated steel in midwest​.Once necessary approvals are obtained, it is expected to take two years to construct galvanizing line and begin operations.  Full Article

BRIEF-Nucor to build merchant bar mill at Nucor Steel Kankakee

* Nucor corp - will build a full-range merchant bar quality mill at its existing bar steel mill located in bourbonnais, illinois​