NUE
NYSE · Metals & Mining
Nucor Corp
$227.50
+0.80 (+0.35%)
NUE News4 articles
Nucor's Earnings Soar to $743M, Steel Mills Hit Record Shipments
Nucor's Q1 profit surged to $743M, with record steel mill shipments of 7M tons. Shares climbed 4.5% after the company beat revenue forecasts.
Cleveland-Cliffs Leads Steel Sector Lower Amid Auto Demand Woes
Cleveland-Cliffs shares dropped over 5% on Friday, the steepest decline among major U.S. steel producers, as the sector faced pressure from weak automotive demand and a broader market selloff.
Materials Sector Gains on Inflation Data, Steel Slumps on Tariff Fears
The materials sector advanced Friday as a cooler inflation reading boosted sentiment, though steel and aluminum stocks retreated amid renewed tariff concerns. Copper prices held firm despite a significant build in exchange inventories.
Materials Sector Gains Amid Tariff Uncertainty, Gold Jumps
The materials sector advanced Friday despite pressure on steel producers from tariff speculation, while gold rallied sharply on renewed rate cut hopes.