Steel analysts see major correction coming, while industry players are far more optimistic the pricing slide will be more gentle.

Nucor Corporation reported record earnings of $2.13 billion in the third quarter, up from $1.51 billion in the prior quarter and $193.4 million in the third quarter of 2020. Net earnings through the third quarter totaled $4.58 billion, more than 13 times higher than the first three quarters of 2020.

Nucor Corp., Charlotte, made another push downstream with the acquisition of a coil processing facility in Shelbyville, Ind. The facility will be incorporated into Nucor Fastener’s division.

Nucor Corp., Charlotte, N.C., has launched Econiq, a line of net-zero carbon steel products. By introducing Econiq, Nucor is providing confidence for steel consumers to know they are purchasing the lowest greenhouse gas emissions steel product available, the mimimill producer claims.

The David J. Joseph Company has added two new recycling locations to its holdings, representing a 10 percent growth in capacity. DJJ is a Cincinnati-based subsidiary of Nucor Corp.

Nucor Corp. will build a new 3-million-ton sheet mill. The company is evaluating locations in Ohio, Pennsylvania and West Virginia.

Nucor Corp., Charlotte, N.C., continues to invest in its capabilities. One day after announcing plans for a new flat-rolled mill, the company approved construction of a new melt shop at one of the company’s existing bar mills in the Western United States.

Nucor Corp., Charlotte, N.C., continues to invest in its capabilities. One day after announcing plans for a new flat-rolled mill, the company approved construction of a new melt shop at one of the company’s existing bar mills in the Western United States.

Nucor Corp. will build a new 3-million-ton sheet mill. The company is evaluating locations in Ohio, Pennsylvania and West Virginia.

Factors such as the pandemic, long lead times, high prices and credit woes have left industry professionals reeling in their search for steel plate.

Nucor Corp., Charlotte, N.C., will acquire Hannibal Industries for $370 million. Hannibal is a provider of racking solutions to warehouses, serving the e-commerce, industrial, food storage and retail segments. Pending approvals, Nucor will purchase 100 percent of Hannibal Industries' outstanding shares from its Employee Stock Ownership Plan.

Charlotte, N.C.-based Nucor Corp., has announced a comprehensive greenhouse gas emissions reduction strategy that will lower its GHG emissions intensity of steel mills to 77 percent less than today's global average. The commitment will be measured against a 2015 baseline, the year the Paris Climate Agreement was adopted.

Nucor Corp., Charlotte, N.C., was recognized as a General Motors Supplier of the Year for the third year in a row. The award was presented during a virtual ceremony. Nucor remains the only electric arc furnace steelmaker to receive this award.

JSW Steel (USA) Inc. and JSW USA Steel Ohio Inc. have filed a federal court lawsuit in the Southern District of Texas against Nucor, U.S. Steel Corp. and Cleveland-Cliffs. The companies allege the defendants conspired to boycott and refused to supply JSW with slabs beginning in 2018 and continuing through the present.

Prices for flat-rolled steel products have been on a relentless uptrend for the past nine months, reaching their highest levels in contemporary history. Steel Market Update reported a new all-time high for hot-rolled coil of $1,500 per ton in the first week of May ...

Nucor Corporation, Charlotte, N.C., will acquire Cornerstone Building Brands' insulated metal panels business for a cash purchase price of $1 billion.

Nucor President and CEO Leon Topalian has been elected chairman of the American Iron and Steel Institute, Washington. AISI is the leading trade group representing American steel producers.

Nucor Corp., Charlotte, will upgrade its engineered bar mill in Nebraska to better serve the automotive market and meet customers’ needs for higher quality products. The modernization project will include a new reheat furnace, new intermediate mill, and coil inspection and trimming station.