Nucor Corporation NUE slipped below its 50-day simple moving average (SMA) on March 17, 2025, and is currently trading below ...
Steel prices surged 36% due to tariffs, but real demand hasn't changed. JPMorgan warns of potential de-stocking & recession ...
The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.
Nucor hasn’t been alone in its struggles with the Zacks Steel-Producers Market also down 30% in the last year. Pricing pressures have been the main culprit with the price of Hot-Rolled Coil (HRC ...
Trump tariffs have given US steel and aluminum companies a competitive advantage, boosting their profits and making them ...
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while Wall Street stocks eased as U.S. President Donald Trump is expected to ...
The benchmark hot-rolled coil (HRC) prices tumbled more than ... for steel is unlikely over the short haul. Lower steel selling prices hurt Nucor’s performance in the fourth quarter of 2024.
The benchmark hot-rolled coil (HRC) prices tumbled more than ... Nucor: Charlotte, NC-based Nucor makes steel and steel products with operating facilities in the United States, Canada and Mexico.
Nucor’s steel is produced in Electric Arc Furnaces ... Nucor is also well positioned to benefit from its price hikes for its hot-rolled coil (HRC) by 21% to $820/short ton (Feb 17th price ...
(Reuters) - The price of the steel Glen Calder buys for his ... steps in "his America First Trade Agenda." Nucor last week raised hot rolled coil prices for the fourth time since the start of ...