Nucor

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Nucor and Cleveland-Cliffs note a decline in steel demand in Q1

Cliffs maintains a positive outlook for the second quarter

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Nucor introduces weekly spot prices for hot rolled steel

Every Monday, the company will inform customers of spot prices for its products, which will be valid until the following week

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Nucor to buy DRI pellets from Brazilian Samarco

The companies concluded a long-term agreement

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Nucor to invest $860 million in new rebar plant

The company's board of directors approved the allocation of funds for construction

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Nucor has updated its carbon neutrality goals

The new goal of the company is more ambitious than the previous one from 2021

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Nucor and ExxonMobil have entered into a carbon capture and storage agreement

ExxonMobil will capture, transport and store carbon from the DRI facility in Louisiana

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Nucor reported net income of $1.14 billion in the first quarter

In the fourth quarter of 2022, the company's net profit was $1.26 billion