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PRIVACY ALERT: Nucor Corporation Under Investigation for Data Breach of Records
SAN FRANCISCO , July 8, 2025 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating a data breach impacting the sensitive personal information in the care of Nucor Corporation (NYSE: NUE), a leading producer of steel and steel products headquartered in Charlotte, North Carolina. The company employs over 32,000 people and reported $30.73 billion in revenue last year.
Nucor: Tariffs And Capex Plan Need To Go Into Effect For Substantial Growth
With a 50% rise in steel import prices and lower foreign competition, Nucor is poised to benefit from President Trump's tariffs, with an incentive to raise its sale prices. The company's $6.5 billion capex investment plan will substantially expand its production capacity domestically to capitalize on the rapid growth in demand for steel from data centers and EVs. Nucor has underperformed in the last 3 years, and its capex plans may not boost margins for the next 1.5-2 years, so the steel manufacturer is a hold for now.
Nucor (NUE) Stock Sinks As Market Gains: Here's Why
In the most recent trading session, Nucor (NUE) closed at $129.54, indicating a -1.44% shift from the previous trading day.
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Nucor Corporation Profile
| Steel Industry | Basic Materials Sector | Leon J. Topalian CEO | NYSE Exchange | 670346105 Cusip |
| US Country | 32,700 Employees | 30 Jun 2025 Last Dividend | 1 Jun 2006 Last Split | 1 Sep 1983 IPO Date |
Overview
Nucor Corporation is a leading name in the steel production industry, focusing on the manufacture and sale of steel and steel products. With its foundation dating back to 1905 and headquarters in Charlotte, North Carolina, Nucor stands out in the market for its wide-ranging operations across three primary segments: steel mills, steel products, and raw materials. This structure enables Nucor to cater to a diverse customer base spanning steel service centers, fabricators, manufacturers, and consumers in various sectors across the United States, Canada, and Mexico. The company boasts a robust distribution network, facilitated by an in-house sales force and internal distribution and trading companies, ensuring a wide reach for its products in the market.
Products and Services
- **Steel Mills** - Nucor’s Steel Mills segment is a powerhouse in producing an array of steel products including hot-rolled, cold-rolled, and galvanized sheet steel; plate steel; alongside structural steel products like wide-flange beams, beam blanks, and sheet piling. They also specialize in bar steel products such as blooms, billets, and various bars tailored for concrete reinforcing and special engineering needs. The segment thrives on sales to service centers, fabricators, and manufacturers mainly in the U.S., Canada, and Mexico, alongside participation in steel trading and rebar distribution. - **Steel Products** - Under the Steel Products banner, Nucor offers an extensive portfolio that includes steel joists and joist girders, steel decks, and specialized torque tubes for solar arrays. This segment is also known for producing hollow structural section steel tubing, electrical conduit, and a variety of fabricated steel products like concrete reinforcing steel and cold finished steel. Nucor’s offerings extend to steel fasteners, grating, expanded metal, metal building systems, insulated panels, steel racking, overhead doors, and structures for utilities, showcasing their versatility in serving different market needs. Additionally, they engage in piling distribution. - **Raw Materials** - This segment focuses on the production of direct reduced iron (DRI) and the brokerage of various metals, including both ferrous and nonferrous materials, pig iron, hot briquetted iron, and DRI, alongside ferro-alloys trading. It engages in the processing of scrap metal and operates within the natural gas production and industrial gas sectors. The raw materials segment strategically sells its ferrous scrap to electric arc furnace steel mills and foundries and its nonferrous scrap to aluminum can producers, secondary smelters, steel mills, and other metal processors, demonstrating Nucor’s integrated approach to material management and recycling efforts.Contact Information
