The Latest Breaking News from NUE

While Nucor Corporation has underperformed the broader market over the past year, Wall Street analysts appear moderately bullish about the stock’s prospects.

As industries evolve and economies expand, materials like gold, copper, and steel are key to driving progress. From infrastructure to innovative technologies, the materials industry is vital for global development. Thus, investors looking to capitalize on this growth could explore stable stocks Freeport-McMoRan (FCX), Nucor (NUE), and Hudbay Minerals (HBM).…

Nucor is all set to release its second-quarter earnings this month, and analysts expect a massive profit dip.

Nucor has recently underperformed the S&P 500, but Wall Street analysts are moderately optimistic about the stock’s prospects.

If Donald Trump wins the 2024 election, stocks like Cheniere Energy, General Motors, and Nucor Corporation could benefit from White House policies favoring deregulation, domestic manufacturing, and higher tariffs.

Steel Dynamics earnings topped estimates, but STLD reversed lower on Wednesday, following selloffs for Nucor and Cleveland-Cliffs on earnings misses.

Japan's Nippon Steel has won the bidding war for U.S. Steel, with the $15 billion price providing a jolt to other steel stocks, including CLF, NUE and STLD.

STLD stock broke out Friday after Steel Dynamics guided higher on Q4 earnings amid higher steel prices. That continued a Fed-induced rally.

As industrialization and manufacturing continue to expand globally, there is a sustained increase in the demand for steel products. Therefore, which stock among Nucor Corp (NUE) and Steel Dynamics (STLD) is better equipped to capitalize on the industry prospects? Let’s find out….