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.
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After the closing bell on Tuesday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
UNH is trimming its losses, 95% of the reason I didn’t take instant triple-digit profits is because the Wing Sting is so severe. United Healthcare is FAR from being done getting smashed in the face.
The company’s Executive Vice President of Business Services and General Counsel, Gregory J. Murphy, will step down on June 7, passing the role to Benjamin M. Pickett, who was elected Vice President in 2023.
Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P Metals & Mining, and Global X U.S. Infrastructure Development ETF.
Analysts at Morgan Stanley underscored their bullish outlook for the industry after the Trump administration formalized tariffs on steel and aluminum imports.
Allianz Chief Economic Advisor Mohamed El-Erian warned that while President Donald Trump's evolving tariff strategy may deliver immediate gains, it risks longer-term economic damage through stagflation and eroded U.S. global influence.
Trump tariffs are likely to boost inflation further above the Fed's target, keeping the Federal Reserve on pause amid what Jerome Powell sees as a solid labor market.
The industrial products and basic materials sectors saw a nice spike today, particularly among U.S. stocks as their foreign counterparts fell on news of President Trump’s plan to implement a 25% tariff on imported steel and aluminum.
Markets were flat but positive in an initial trading day for a new week, basically shrugging off whatever warning signs may have been considered regarding President Trump’s 25% steel tariff headline this morning.
President Trump's comments surrounding United States Steel have put the company back in the news. However, is there currently significant upside in this stock?
Cleveland-Cliffs’ stock surge follows optimism around U.S. President Trump’s protectionist trade policies that could shield U.S. steelmakers from foreign competition.