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After Cleveland-Cliffs the new round of price hikes for flat rolled steel in late September, Nucor, ArcelorMittal Dofasco, Stelco, and U.S. Steel followed suit.
Source: https://agmetalminer.com/2023/11/07/raw-steels-steel-prices-still-rising/
AMG National Trust Bank raised its holdings in Nucor Co. () by 4.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
Citigroup raised their target price on Nucor from $160.00 to $180.00 and gave the company a “neutral” rating in a research note on Thursday, July 27th.
Source: https://www.etfdailynews.com/2023/11/07/foster-motley-inc-cuts-position-in-nucor-co-nysenue/
Cwm LLC’s holdings in Nucor were worth $1,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Source: https://www.americanbankingnews.com/2023/07/22/cwm-llc-buys-3353-shares-of-nucor-co-nysenue.html
Equitable Holdings Inc. grew its stake in Nucor by 4.0% in the 3rd quarter.
Exxon Mobil announced a deal Thursday to capture carbon from a Louisiana plant owned by steel company Nucor, its latest effort to decarbonize heavy industry.
Fairfield Bush & CO. bought a new position in shares of Nucor during the 1st quarter valued at approximately $48,000.
Source: https://www.etfdailynews.com/2023/01/04/clarius-group-llc-purchases-288-shares-of-nucor-co-nysenue/
In other Nucor news, CEO sold 27,359 shares of Nucor stock in a transaction dated Thursday, July 27th.
Source: https://www.etfdailynews.com/2023/09/14/nucor-nysenue-stock-rating-upgraded-by-stocknews-com/
In other Nucor news, CEO sold 27,359 shares of Nucor stock in a transaction dated Thursday, July 27th.
Source: https://www.etfdailynews.com/2023/09/14/nucor-nysenue-stock-rating-upgraded-by-stocknews-com/
In related news, on Thursday, U.S. steelmaker Nucor announced it will start making heavy grade steel at a new $1.7 billion mill in Brandenburg, Kentucky, using electric furnaces to make new steel from scrap.
Source: https://ktar.com/story/5426644/us-company-gets-120-million-boost-to-make-green-steel/
Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new position in Nucor during the 1st quarter valued at $32,000.
Nucor Co. has a 52 week low of $100.13 and a 52 week high of $187.90.
Nucor Co. has a 52-week low of $102.86 and a 52-week high of $182.68.
Nucor Steel Arkansas and Nucor-Yamato Steel Co. each donated $500,000 toward the center in November.
Nucor, which makes new steel from scrap steel, announced its decision to come to West Virginia in January 2022.
Source: https://wvmetronews.com/2023/10/20/nucor-steel-set-to-break-ground-friday/
On average, equities analysts forecast that Nucor Co. will post 14.75 earnings per share for the current year.
The Goldman Sachs Group boosted their price objective on shares of Nucor from $144.00 to $161.00 and gave the stock a “neutral” rating in a research note on Friday, March 10th.