Pickett and Douglas R. Wilner have garnered promotions. Nucor, which describes itself as America’s largest recycler, manufactures steel and steel products and processes and trades recyclable metals.
In particular, they stand to benefit the domestic steel producers. That’s what makes Nucor stock an exciting pick following Trump’s tariffs announcement, according to famed investor Jim Cramer.
"While steel demand softened throughout 2024, market conditions are starting to improve and should gain momentum as we work our way into 2025," CEO Leon Topalian said. Nucor (NUE) management said ...
FIRST ON FOX: The CEO of the largest steel producer in the U.S., Nucor Corp., endorsed President Donald Trump's tariffs on China, Canada and Mexico, Fox News Digital learned. "Nucor applauds the ...
Shares in steel group Nucor (NUE) rose nearly 2% today after President Trump firmed up plans to impose 25% tariffs on US ...
Nucor said it shipped approximately 6.06 million tons to outside customers during the quarter. Average sales price per ton decreased 10% year-over-year. Total steel mill shipments fell 2% year ...
Nucor Corporation NUE is currently trading at a forward price/earnings of 17.07X, a roughly 52.5% premium to the Zacks Steel Producers industry average of 11.19X, and higher than its five-year median.
U.S. steel giant Nucor surpassed the Zacks Consensus Estimate in three of the trailing four quarters. Nucor's shares have lost 30.1% over a year, compared with the Zacks Steel Producers industry's ...
JPMorgan analyst sees potential for steel stocks amid tariff talk. Nucor, US Steel, Steel Dynamics rated favorably with significant upside potential.