Tag: Nucor

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.

After holding its weekly spot price for hot-rolled (HR) coil steady for three weeks at $930 per short ton (st), Nucor lowered the price this week by $20/st.

Nucor said several of its capital projects will start operations within the next year and provided an update on them.

Nucor’s top exec Leon Topalian said the benefit of the current administration’s aggressive trade policies “trumps” any risk of potentially higher raw materials prices.

Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.  

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

Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil remained unchanged this week.

Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.

Nucor Corp. has tapped Fives Group as its partner in designing and manufacturing the new continuous galvanizing line being added at its California Steel Industries (CSI) joint venture in Fontana, Calif.

Nucor has kept its weekly hot-rolled (HR) coil price flat this week, after a marginal cut the previous week.

Nucor lowered its weekly consumer spot price (CSP) for hot-rolled (HR) coil this week after holding prices steady for the past two weeks.

Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil remains unchanged again this week. The pause over the past two weeks stands in contrast to the nine-week rally that saw the company increase prices regularly by double-digits. The Charlotte, N.C.-based steelmaker told customers on Monday that this week’s consumer spot price (CSP) for HR coil […]

Chad Utermark, executive vice president of new markets and innovation, plans to retire effective June 7.

Nucor paused its weekly hot-rolled (HR) coil price this week, keeping it flat for the first time since Jan. 21. This comes after a nine-week rally that saw the company increase prices by double-digits for eight of those weeks.

Nucor aims to increase prices for steel plate by $40 per short ton (st) with the opening of its May order book. The Charlotte, N.C.-based steelmaker said the increase was effective with new orders received on Friday, March 28, in a letter to customers dated the same day. The company said the price hike applied […]

After eight weeks of double-digit price increases on hot-rolled (HR) coil, Nucor slowed the price rise this week with an increase of $5 per short ton.

Nucor anticipates showing an earnings decline when it releases its full first-quarter earnings report on Monday, April 28.

This marks the eighth week of increases

Nucor has increased its weekly HR coil spot price for seven consecutive weeks.