I am downgrading Nucor to 'hold' as tariff benefits are fully priced in and business momentum is slowing. Q2 earnings missed expectations, and Q3 guidance is disappointing, with management projecting ...
Nucor benefits from U.S. steel tariffs and its exclusive use of electric arc furnaces, making it a stronger pick than its global peers. NUE also provides better value on most metrics than its peers ...
Total revenue was down 4% on a year-over-year basis. The steel manufacturer said it shipped approximately 6.83 million tons to outside customers during the quarter. Average sales price per ton ...
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