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Nucor Corporation has entered into a contract to supply exposed automotive steel for a General Motors SUV model.
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Nucor Corporation reports strong operational progress, including the successful production start of its new automotive galvanizing line and continued on-schedule development of its West Virginia sheet mill.
Nucor (NUE) is named Bull of the Day as the largest U.S. steel producer with record Q3 shipments, strong pricing rebound, and robust demand across multiple sectors, supported by rising analyst estimates and major growth projects. Prudential Financial (PRU) is named Bear of the Day despite beating Q3 earnings, as revenue declined, Japan operations remain suspended until January 2027 with significant earnings headwinds, and the company withdrew its growth guidance.
Nucor President and COO Stephen D. Laxton sold 10,560 shares of company common stock on November 3, 2026.
KeyBanc analyst Samuel McKinney maintained a bullish rating on Nucor Corporation while increasing the price target from $286 to $301.
A Nucor Corporation insider sold shares valued at approximately $3.23 million, according to a recent SEC filing.
Nucor Executive Vice President Noah C. Hanners sold 5,190 shares of company common stock for approximately $1.43 million.