Steel prices surged 36% due to tariffs, but real demand hasn't changed. JPMorgan warns of potential de-stocking & recession ...
The steel industry is grappling with several headwinds that are impacting Nucor's performance. Steel prices have experienced downward pressure, with hot-rolled coil (HRC) prices dropping ...
Nucor Corporation NUE is currently trading at ... The benchmark hot-rolled coil (HRC) prices tumbled more than 40% last year from $1,200 per short ton at the start of 2024. The downside has ...
Morgan Stanley analyst Carlos De Alba raised the firm’s price target on Nucor (NUE) to $167 from $154 and keeps an Overweight rating on the shares. Steel prices are up in reaction to U.S. tariff ...
The benchmark hot-rolled coil (HRC) prices tumbled more than 40% ... as low as 2.82X and at the median of 8.60X. Nucor: Charlotte, NC-based Nucor makes steel and steel products with operating ...
Nucor may not be significantly impacted by tariffs as most of its steel exports are high-value-added products as opposed to commoditized steel. Nucor's long-term growth may be supported by ...
In my opinion, Nucor Corporation (NYSE:NUE) stands to benefit significantly from these evolving dynamics. The company is the largest U.S. steel producer and has a strong operational history ...
CHARLOTTE, N.C., Feb. 18, 2025 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.55 per share on Nucor's common stock.
In a report released yesterday, Philip Gibbs from KeyBanc maintained a Hold rating on Nucor (NUE – Research Report). The company’s shares closed yesterday at $137.53. Leverage the power of ...
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 ...