Tag: Nucor

Nucor’s Dan Needham views the steelmaker’s flexibility and diversification as key to pivoting when economic conditions require.

Nucor is attempting to halt the decline in hot-rolled coil prices with the announcement of a $10-per-short-ton increase in its weekly consumer spot price on Monday.

The Commerce Department has added over 400 HTS codes to the list of steel and aluminum derivative products covered under the Section 232 tariffs.

Nucor has lowered its hot-rolled (HR) spot price by another $10 per short ton (st) this week.

Nucor has implemented a double-digit price decrease on spot hot-rolled (HR) coil for the second consecutive week.

Nucor Plate Group has informed customers that August spot prices will remain flat. 

Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil was adjusted $10 per short ton (st) lower this week after holding steady last week.

Resilient demand across its steel product lines, combined with the continued ramp-up of key expansion projects, drove Nucor’s improved financial results and record-setting performance in the second quarter. That’s according to company executives speaking on an earnings conference call on Tuesday.

Nucor reported a sharp sequential rebound in the second quarter, buoyed by improved pricing and strong shipments. But the steelmaker is bracing for a modest slowdown in the months ahead.

Nucor maintained its weekly list price for hot-rolled (HR) coil flat this week, following a price cut the previous week.

Nucor is lowering its list price for spot hot-rolled coil for the first time since May 27.

Nucor is holding its list price for spot hot-rolled coil at $910 per short ton (st), unchanged since June 30.

Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.

Nucor aims to keep plate prices flat again with the opening of its August order book.

Nucor has raised its weekly spot price on hot-rolled coil by $10 per short ton after holding it steady last week.

Nucor gives update on cyberattack from May.

Nucor maintained its weekly list price for hot-rolled (HR) coil this week, following two consecutive increases.

Several steel market sources say they were blindsided when mills increased spot prices for hot-rolled coils this week.

Higher prices are boosting the performance of Nucor’s steel mills segment in the current quarter, the company said on Wednesday.

Nucor raised its published weekly spot price for hot-rolled (HR) coil by $10 per short ton (st) on Monday.

We just wrapped another Steel 101 Workshop, where you take what you learned in the classroom into the steel mill.

Steel industry veteran David ‘Dave’ Aycock died on Saturday at the age of 94. 

The $20/short ton increase applies to all of the steelmaker’s sheet mills, including West Coast joint-venture subsidiary CSI.

Nucor halted a four-week decline in its spot price for hot-rolled coil this week, maintaining its weekly consumer spot price (CSP) at $870/st.

Nucor has lowered its consumer spot price (CSP) for hot-rolled coil by $10 per short ton (st), marking the fourth consecutive weekly decrease.

Nucor aims to keep plate prices flat again with the opening of its July order book.

Nucor has lowered its consumer spot price by $20 per short ton, marking the third consecutive weekly decrease.

Go beyond the classroom with a behind-the-scenes mill tour at SMU’s next Steel 101 – an immersive, expert-led introduction to steel production and market dynamics.

Nucor said it temporarily and proactively halted some production operations at various locations.

Nucor lowered its weekly spot price for hot-rolled (HR) coil for a second straight week, down $10 per short ton (st), after keeping it in a holding pattern for most of April.