Nucor Corp is a leading producer of steel and steel products in the United States, specializing in a diverse range of items including steel beams, rebar, and sheet steel
The company operates a network of steel mills and scrap recycling facilities, leveraging innovative technologies to enhance production efficiency and sustainability in steel manufacturing. Nucor is committed to environmental responsibility, utilizing electric arc furnaces that significantly reduce carbon emissions compared to traditional steelmaking methods. With a strong emphasis on quality, customer service, and operational excellence, Nucor plays a pivotal role in the infrastructure and construction industries, serving a wide variety of sectors from automotive to energy.
Cleveland-Cliffs’ stock surge follows optimism around U.S. President Trump’s protectionist trade policies that could shield U.S. steelmakers from foreign competition.
Curious about the top performers within the S&P500 index in the middle of the day on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Let's have a look at what is happening on the US markets before the opening bell on Monday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Wall Street bounced back on Monday, recovering from Friday's robust decline fueled by tariff concerns, as investors remained focused on strong earnings from the fourth-quarter reporting season while awaiting further clarity on trade policie
President Donald Trump announced plans to impose a 25% tariff on all steel and aluminum imports, reigniting trade tensions reminiscent of his 2018 metal tariffs policy. The announcement was made during his flight to New Orleans for the Super Bowl.
President Donald Trump met with Japanese Prime Minister Shigeru Ishiba on Friday, and the U.S. Steel-Nippon Steel deal is likely to be discussed. Details of the meeting are yet to be disclosed.
After the U.S. government blocked a $14 billion bid by Japan-based Nippon Steel, media reports suggested that Cleveland-Cliffs Inc. and Nucor Corp. could be interested in a joint bid to acquire U.S. Steel.
Despite a year-over-year profit drop, Nucor’s earnings exceeded Wall Street forecasts, bolstered by lower costs and CEO’s optimism on steel demand recovery.
