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Steel is primarily produced using two methods — Blast Furnace and Electric Arc Furnace. It is regarded as the backbone of the manufacturing industry. The automotive and construction markets have ...
It is worth considering Nucor (NUE), which belongs to the Zacks Steel - Producers industry. This steel company has seen a nice streak of beating earnings estimates, especially when looking at the ...
One major risk that investors should keep a close eye on is Nucor's significant exposure to the price of scrap metal due to the company's reliance on electric arc furnaces (EAF). The circular ...
JPMorgan analyst Bill Peterson lowered the firm’s price target on Nucor (NUE) to $140 from $156 and keeps an Overweight rating on the shares. While steel has been excluded from reciprocal ...
These are smaller facilities that are far more flexible than blast furnaces. Effectively, they can be ramped up and down more easily with changes in demand. This simple fact allows Nucor and Steel ...
He's played a key role in Nucor's expansion into industries beyond its core steelmaking business. A key Nucor Corp. (NYSE: NUE) executive will soon retire from the company. The Charlotte-based ...
Shares of Nucor Corp. NUE slipped 3.47% to $106.67 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 2.36% to 5,158.20 and ...
Nucor manufactures steel principally from scrap steel and scrap steel substitutes using electric arc furnaces (EAFs) along with continuous casting and automated rolling mills. The steel mills ...
If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com. We sell different types of products and ...
MEMPHIS, Tenn. - A 17-year-old has been charged with first degree murder in the shooting death of a store clerk, Memphis Police said. Memphis Police (MPD) said it happened at Sam's Food Market on ...