Nucor Corp
XMUN:NUO
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
N
|
Nucor Corp
XMUN:NUO
|
US |
|
Mercedes-Benz Group AG
MIL:1MBG
|
DE |
|
Quest Diagnostics Inc
NYSE:DGX
|
US |
|
U
|
UniCredit SpA
BMV:UCGN
|
IT |
|
Vidrala SA
F:VIR
|
ES |
|
W
|
Walt Disney Co
SWB:WDP
|
US |
|
H
|
Henderson Land Development Co Ltd
OTC:HLDCY
|
HK |
|
Essilorluxottica SA
XETRA:ESL
|
FR |
|
Renault SA
PAR:RNO
|
FR |
|
Matador Resources Co
NYSE:MTDR
|
US |
|
S
|
Sanofi SA
XHAN:SNW
|
FR |
|
D
|
Daimler Truck Holding AG
XMUN:DTG
|
DE |
|
Boston Scientific Corp
NYSE:BSX
|
US |
Nucor Corp
Nucor is one of the largest steel makers in North America. It turns scrap metal and other raw materials into steel products such as sheet steel, plate, bars, beams, and rebar. It also makes many of the inputs and equipment used in steel production, including direct reduced iron, metal building systems, and structural components. Its main customers are manufacturers, construction firms, service centers, and fabricators that need steel for buildings, vehicles, appliances, infrastructure, and industrial equipment. Nucor makes money by selling steel and related products, with prices tied to market demand, input costs, and the mix of products it ships. It also earns from downstream businesses that turn steel into finished or semi-finished goods for specific end markets. What sets Nucor apart is its electric-arc-furnace model, which relies heavily on recycled scrap and gives it a flexible, lower-cost production base compared with traditional integrated steel mills. That makes it more of a fast-moving, scrap-based steel supplier than a classic iron-and-coal steel giant. In practice, Nucor sits at the center of the North American steel supply chain, converting recycled metal into the structural and flat-rolled products the economy uses every day.
Nucor is one of the largest steel makers in North America. It turns scrap metal and other raw materials into steel products such as sheet steel, plate, bars, beams, and rebar. It also makes many of the inputs and equipment used in steel production, including direct reduced iron, metal building systems, and structural components.
Its main customers are manufacturers, construction firms, service centers, and fabricators that need steel for buildings, vehicles, appliances, infrastructure, and industrial equipment. Nucor makes money by selling steel and related products, with prices tied to market demand, input costs, and the mix of products it ships. It also earns from downstream businesses that turn steel into finished or semi-finished goods for specific end markets.
What sets Nucor apart is its electric-arc-furnace model, which relies heavily on recycled scrap and gives it a flexible, lower-cost production base compared with traditional integrated steel mills. That makes it more of a fast-moving, scrap-based steel supplier than a classic iron-and-coal steel giant. In practice, Nucor sits at the center of the North American steel supply chain, converting recycled metal into the structural and flat-rolled products the economy uses every day.
Results: Nucor reported another strong quarter with $1.2 billion of net earnings, or $5.04 per share, and about $2 billion of EBITDA, helped by stronger pricing and higher volumes across all three segments.
Outlook: Management said shipment growth for 2026 should end closer to the high end of its prior 5% to 10% range, and third-quarter earnings are expected to be higher, even without the Q2 cash refunds.
Demand: The company described demand as strong across most end markets, with record steel mill shipments of 7.1 million tons, record backlogs, and continued strength tied to data centers, energy, reshoring, infrastructure and border-related work.
Projects: The West Virginia sheet mill remains on time and on budget, with commissioning underway and first commercial shipments expected to ramp in early 2027; several other growth projects are also progressing.
Capital use: Nucor returned $479 million to shareholders in the quarter and kept its $2.5 billion CapEx plan for 2026, while saying future cash will likely go toward disciplined M&A or more shareholder returns.