Nucor Corporation (NUE)

Nucor's stock price has experienced fluctuations over the past six months. As of June 20, 2025, the share price was $124.30, a decline of 20.10% from $155.56 on June 24, 2024. However, the stock has shown recent increases, rising by 5.10% in the week prior to June 27, 2025, and 20.22% over the month prior to June 27, 2025. Key events impacting the stock include analyst upgrades from BMO Capital and UBS, earnings guidance announcements, consecutive cash dividend announcements, potential benefits from increased tariffs on steel and aluminum imports, and strategic investments in growth projects.

Demand for Nucor's products exhibits seasonality, particularly in its steel mills and steel products segments. Shipments for bar mills are typically lower as the year-end approaches due to seasonal factors. The steel products segment also experiences moderate declines in earnings due to lower volumes and selling prices. Nucor's performance can be impacted by broader economic uncertainty and recession concerns, which can influence future steel demand.

Nucor Corporation is a leader in the steel production industry, operating within the Basic Materials sector. The company is recognized for its innovation in mini-mill technology and its pioneering use of the electric arc furnace (EAF) method of steelmaking. Nucor's main business activities are segmented into Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products, plate steel products, structural steel products, and bar steel products. The Steel Products segment produces steel joists and joist girders, steel decks, galvanized torque tubes, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, overhead doors, and utility towers and structures. The Raw Materials segment produces direct reduced iron (DRI) and is involved in brokering ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI, as well as supplying ferro-alloys, processing ferrous and nonferrous scrap metal, and natural gas production and industrial gas business.

Nucor operates an integrated network of steel mills and manufacturing plants primarily across North America, serving markets in the United States, Canada, and Mexico. The company has expanded its geographical footprint through strategic acquisitions and organic growth. Recent expansions include the construction of new utility structures production facilities in Brigham City, Utah; Decatur, Alabama; and Crawfordsville, Indiana.

Nucor maintains a strong brand reputation, recognized for its environmentally friendly practices and commitment to sustainability. In 2025, Nucor was listed among Forbes' "Most Trusted Companies in America" and "Best Employers for New Grads". The passing of former CEO and Chairman, Dave Aycock, was publicly acknowledged.

Nucor Corporation's ownership structure is a mix of institutional, retail, and individual investors. Institutional investors hold approximately 79% of the shares. The largest institutional shareholders include The Vanguard Group, Inc., State Farm Insurance Companies, Asset Management Arm, and BlackRock, Inc. Insiders own less than 1% of the company, while the general public holds about 20% ownership.