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Nucor Corp (NUE.N)

NUE.N on New York Stock Exchange

66.94USD
23 Feb 2018
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$-0.01 (-0.01%)
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Latest Key Developments (Source: Significant Developments)

Nucor Sets Quarterly Cash Dividend Of $0.38 Per Share
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Nucor Corp ::NUCOR CORP - SETS QUARTERLY CASH DIVIDEND OF $0.38 PER SHARE.  Full Article

Nucor Reports Q4 Earnings Per Share $1.20
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Nucor Corp ::NUCOR REPORTS RESULTS FOR FOURTH QUARTER AND YEAR ENDED 2017.Q4 EARNINGS PER SHARE $1.20.Q4 SALES $5.09 BILLION VERSUS I/B/E/S VIEW $4.88 BILLION.Q4 EARNINGS PER SHARE VIEW $0.76 -- THOMSON REUTERS I/B/E/S.AVERAGE SCRAP AND SCRAP SUBSTITUTE COST PER TON USED IN THE FOURTH QUARTER OF 2017 WAS $317, UNCHANGED FROM THE THIRD QUARTER OF 2017.TOTAL TONS SHIPPED TO OUTSIDE CUSTOMERS WERE 6,542,000 TONS IN Q4 OF 2017 AN INCREASE OF 13% FROM Q4 OF 2016.‍QTRLY AVERAGE SALES PRICE PER TON WAS COMPARABLE WITH Q3 OF 2017 AND INCREASED 14% COMPARED TO Q4 OF 2016​.NUCOR - INCLUDED IN Q4 RESULTS WAS A NET BENEFIT OF $175.2 MILLION, OR $0.55 PER SHARE, RELATED TO IMPACTS OF U.S. FEDERAL TAX LEGISLATION.IMPORTS CONTINUE TO NEGATIVELY IMPACT U.S. STEEL INDUSTRY.WEAKNESS IN PLATE STEEL NEGATIVELY IMPACTED EARNINGS OF STEEL MILLS SEGMENT IN Q4 OF 2017 AS COMPARED TO Q3 OF 2017.EARNINGS IN Q1 OF 2018 ARE EXPECTED TO INCREASE COMPARED TO Q4 OF 2017, EXCLUSIVE OF BENEFIT RECORDED IN Q4 OF 2017 RELATED TO TAX REFORM.NUCOR- FOR Q1 2018, THERE IS SIGNIFICANT OPTIMISM IN STEEL END USE MARKETS , ENCOURAGED BY POSITIVE PRICING MOMENTUM BUILDING THROUGHOUT QUARTER.Q1 OF 2018 RESULTS WILL BE NEGATIVELY IMPACTED BY HIGHER SCRAP PRICES AND WEATHER RELATED INTERRUPTIONS AT SOME OF CO'S SHEET MILLS.‍EXPECT EARNINGS IN RAW MATERIALS SEGMENT IN Q1 OF 2018 TO IMPROVE COMPARED TO Q4 OF 2017​.IN Q1, EXPECT DECREASED EARNINGS IN STEEL PRODUCTS SEGMENT DUE TO TYPICAL SEASONALITY.  Full Article

Danieli Gets Order From Nucor Corporation For Micromill Technology
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - DANIELI ::NUCOR CORPORATION ORDERS FROM DANIELI MICROMILL TECHNOLOGY FOR OPERATION TO BE BUILT IN MISSOURI.  Full Article

Nucor Announces Guidance For Its Fourth Quarter Earnings
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Nucor Corp ::NUCOR ANNOUNCES GUIDANCE FOR ITS FOURTH QUARTER EARNINGS.- NUCOR EXPECTS Q4 RESULTS TO BE IN RANGE OF $0.50 TO $0.55 PER DILUTED SHARE.- "IMPORTS CONTINUE TO NEGATIVELY IMPACT U.S. STEEL INDUSTRY".- EXPECTED Q4 OF 2017 EARNINGS IN STEEL MILLS SEGMENT WILL BE NEGATIVELY IMPACTED BY MARGIN COMPRESSION.- EXPECT SIMILAR RESULTS IN STEEL PRODUCTS SEGMENT IN Q4 OF 2017 COMPARED TO Q3 OF 2017.- ‍EXPECT EARNINGS OF RAW MATERIALS SEGMENT IN Q4 OF 2017 TO BE IMPROVED FROM Q3 OF 2017​.- NUCOR STEEL LOUISIANA EXPERIENCED AN UNPLANNED OUTAGE IN Q4 OF 2017 AND RESUMED OPERATIONS IN EARLY DECEMBER.- "AUTOMOTIVE MARKET REMAINS HEALTHY AND CONTINUES TO BE A BRIGHT SPOT FOR NUCOR".- "WE ARE ENCOURAGED BY MARKET CONDITIONS HEADING INTO 2018".SAYS OPTIMISTIC ON EXPECTED OVERALL INDUSTRIAL PRODUCTION IN 2018.NUCOR - "BELIEVE OVERALL MARKET DEMAND IN Q4 OF 2017 HAS BEEN SOLID".- EXPECTED Q4 OF 2017 EARNINGS IN STEEL MILLS SEGMENT WILL BE NEGATIVELY IMPACTED BY MARGIN COMPRESSION.Q4 EARNINGS PER SHARE VIEW $0.76 -- THOMSON REUTERS I/B/E/S.NUCOR - PROJECTED Q4 RESULTS DO NOT CONTAIN ESTIMATES RELATED TO IMPACT OF PROPOSED U.S. FEDERAL TAX LEGISLATION.  Full Article

Nucor Says Sets Regular Quarterly Cash Dividend Of $0.38 per Share
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Nucor Corp ::NUCOR ANNOUNCES INCREASE IN CASH DIVIDEND.SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.38PER SHARE.  Full Article

Nucor to build rebar micro mill in Missouri
Wednesday, 22 Nov 2017 

Nov 21 (Reuters) - Nucor Corp ::Nucor to build rebar micro mill in Missouri.Says ‍new micro mill project represents at least $250 million in new investments and is expected to start-up in 2019​.Says ‍two regions are currently under consideration in Southeastern United States for additional project​.  Full Article

Nucor Corp says EVP Ladd Hall reports open market sale of about 17,583 shares of co's common stock
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Nucor Corp :Nucor Corp says EVP Ladd Hall reports open market sale of about 17,583 shares of co's common stock at average price of $57.92 per share on nov 3 - sec filing.  Full Article

Nucor Corp Q3 earnings per share $0.83
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Nucor Corp :Nucor reports results for third quarter and nine months of 2017.Q3 earnings per share $0.83.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q3 sales $5.17 billion versus I/B/E/S view $5.16 billion.Average sales price per ton in Q3 of 2017 increased 2% from Q2 of 2017 and increased 7% from Q3 of 2016​.Total tons shipped to outside customers were 6,618,000 tons in Q3 of 2017, a 2% decrease from Q2 of 2017 and a 12% increase from Q3 of 2016​.Average scrap and scrap substitute cost per ton used during Q3 of 2017 was $317, an increase of 26% compared with $252 in Q3 of 2016​.Expect Q4 earnings to be similar to slightly decreased from Q3, exclusive of previously mentioned tax benefits recognized in Q3.Says "‍imports continue to negatively impact U.S. steel industry"​.Expect steel mills segment to see some decline mainly due to weakness in plate steel and typical seasonality​.  Full Article

Gibraltar Industries to sell U.S. bar grating assets by its AMICO U.S. unit to unit of Nucor
Monday, 6 Feb 2017 

Gibraltar Industries Inc : Gibraltar Industries sells US bar grating assets as part of previously announced US bar grating exit .To sell substantially all of its U.S. bar grating assets by its AMICO U.S. unit to a subsidiary of Nucor Corporation.  Full Article

Nucor sold 50 pct equity interest in Hunter Ridge Energy Services to Encana
Tuesday, 4 Oct 2016 

Nucor Corp: Purchased 49% of Encana's leasehold interest covering approximately 54,000 acres in south Piceance basin . Nucor sold its 50% equity interest in Hunter Ridge Energy Services LLC to Encana . Nucor retains all existing producing wells it currently owns . Nucor and Encana also terminated two carry and earning ("C&E") drilling agreements entered into in 2010 and 2012 .By canceling agreements, co has eliminated all future carry capital, contingent liabilities which should result in lower unit cost for future drilling.  Full Article

BRIEF-Nucor Sets Quarterly Cash Dividend Of $0.38 Per Share

* NUCOR CORP - SETS QUARTERLY CASH DIVIDEND OF $0.38 PER SHARE Source text for Eikon: Further company coverage: