Market Segment
June 18, 2025
Written by Laura Miller
Higher prices are boosting the performance of Nucor’s steel mills segment in the current quarter. As a result, the company expects a significant sequential improvement in its second-quarter earnings.
In guidance released on Wednesday, the Charlotte, N.C.-based steel manufacturer said it expects Q2’25 earnings to be in the range of $2.55 to $2.65 per diluted share.
Several steel trade organizations have called on President Trump to resist weakening Section 232 steel tariffs.
The US Commerce Department has raised the anti-dumping duties (AD) on imports of oil country tubular goods (OCTG) from South Korea.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.
After an annual administrative review, the Commerce Department increased the anti-dumping duties on large-diameter welded pipe from Turkey.
Global raw steel production slowed for the third month in a row in August, according to the latest figures from the World Steel Association (worldsteel).