|Bid||60.34 x 100|
|Ask||0.00 x 0|
|Day's Range||60.90 - 62.12|
|52 Week Range||51.67 - 66.00|
|PE Ratio (TTM)||18.23|
|Earnings Date||Jan 29, 2018 - Feb 2, 2018|
|Forward Dividend & Yield||1.52 (2.59%)|
|1y Target Est||65.63|
Jim Cramer isn’t scared, but for those investors who think there’s something terrible lurking in the market, this could be the time to lighten up.
Despite higher steel production, Chinese steel exports have fallen this year. Its aluminum exports, however, have risen year-over-year in the first 11 months of the year.
The steel industry is cyclical and doing well right now, but if you stick with industry leaders, you'll be better off in the long run.
The Commerce Department's ruling provided a boost to the stocks of American steel companies that are struggling to cope with a renewed tide of cheap steel imports this year.
Steel stocks climbed a day after the Commerce Department said that it will slap huge tariffs on steel imports that originate in China but undergo processing in Vietnam to dodge anti-dumping duties.
China has long been blamed for the global steel industry’s woes. Over the last few years, Chinese steel mills flooded international markets with cheap steel, pressuring global steel prices.
CHARLOTTE, N.C. , Dec. 1, 2017 /PRNewswire/ -- The board of directors of Nucor Corporation (NYSE: NUE) increased the regular quarterly cash dividend on Nucor's common stock to $0.38 . This cash dividend ...
HRC (hot rolled coil) prices have historically been the benchmark for other grades of steel products. As we noted in the previous part of this series, US HRC prices have risen this month after US steel ...
Last week, Nucor (NUE), the largest US-based steelmaker, announced it will make a $250 million investment to build a rebar (or reinforcing bar) mill in Sedalia, Missouri.
Nucor is one of the best-run steel companies in the United States, but where it will be in 10 years isn't as clear as you might think.
STOCKHOLM , November 27, 2017 /PRNewswire/ -- Nuevolution AB (publ) (NUE.ST) today announced that Thomas Franch , Chief Scientific Officer, will be presenting new data on Nuevolution's selective bromodomain ...
Graphite electrode prices have risen this year due to capacity curtailments in China. Cathode availability has also impacted steelmakers.
The Trump Administration ordered a probe under Section 232 of the Trade Expansion Act of 1962 to see if steel imports threaten US national security.
Nucor (NUE) will build a rebar micro mill in Sedalia, MO enabling the company to take advantage of the abundant scrap supply in the nearby area thus strengthening its position as a low-cost producer.
Nucor Corp. announced plans to build a $250 million rebar plant about 90 miles east of Kansas City. The company, based in Charlotte, N.C., said it plans to build a rebar micro mill in Sedalia. In September, Nucor said it was considering Missouri, Kansas, South Carolina and Florida for the plant.
Nucor Corp. plans to build a $250 million micro-mill in Sedalia, Mo., to manufacture rebar steel for the construction market. Nucor also considered sites in South Carolina, Florida, Nebraska and Kansas as it chose the location for the plant. Construction in Missouri is pending final approval of state and local incentives and necessary construction permits.
CHARLOTTE, N.C., Nov. 21, 2017 /PRNewswire/ -- Nucor Corporation (NUE) announced today that it will build a rebar micro mill in Sedalia, Missouri, about 90 miles east of Kansas City. Following its approval by the Missouri Development Finance Board, the project was formally announced at an event with Governor Eric Greitens held at Lowell Mohler Assembly Hall. The new micro mill project represents at least $250 million in new investments and is expected to start-up in 2019 pending the final approval and award of state and local incentives as well as required permits and regulatory approvals. "This rebar micro mill project is consistent with our long-term strategy for profitable growth and builds on our position as a low-cost producer," said John Ferriola, Chairman, CEO & President of Nucor.
When it opens in 2019, the addition will be able to produce up to 500,000 tons of merchant bar quality steel annually. The Charlotte-based steelmaker had already committed to more than $1.75 billion in new construction and acquisitions in the last 18 months or so.