NYSE:NUE

# Nucor (NUE) Invests $59 Million to Expand Indiana Steel Products Facility

Nucor (NYSE: NUE) announced a $59 million investment to expand its Vulcraft Indiana manufacturing facility in St. Joe, strengthening the steelmaker’s downstream production capabilities.

The expansion will add capacity to manufacture steel grating products and is expected to create 20 full-time jobs. The facility already employs more than 300 people.

## Expanding Downstream Steel Operations

The project supports Nucor’s strategy to “Grow the Core and Expand Beyond” by increasing its exposure to higher-value fabricated construction products.

Vulcraft is a major producer of steel joists, joist girders and steel decking used in nonresidential construction, including warehouses, data centers, manufacturing facilities, schools and hospitals. Its annual joist and deck production capacity is approximately 1.2 million tons.

The latest project also extends Nucor’s investment program in Indiana. Recent projects include a $290 million modernization of its Crawfordsville sheet mill and a $115 million utility infrastructure manufacturing facility.

For Nucor, the expansion should further strengthen its position in downstream construction markets while increasing its ability to benefit from demand tied to U.S. manufacturing, infrastructure and data-center development.
Nucor Stock Slips in Premarket Despite Strong Q2 Earnings and Optimistic Q3 Outlook

Nucor (NYSE: NUE) shares edged 0.8% lower in premarket trading despite reporting strong second-quarter results that exceeded the previous quarter and outlining an even stronger outlook for the third quarter.

The steelmaker reported second-quarter net earnings of $1.16 billion, or $5.04 per diluted share, while adjusted earnings came in at $4.84 per share. Net sales totaled $10.4 billion, and EBITDA reached $2.02 billion. Compared with the first quarter, earnings rose sharply from $3.23 per share as higher steel prices, stronger shipment volumes, and improved profitability across most business segments boosted results.

The Steel Mills segment was the primary growth driver, benefiting from higher realized selling prices, increased shipment volumes, and a $130 million reduction in cost of goods sold related to cash refunds from prior-period raw material procurement costs. The Steel Products segment also delivered improved earnings on stronger volumes, while the Raw Materials business benefited from higher selling prices and shipments.

Nucor maintained its strong financial position with $2.69 billion in cash and short-term investments at quarter-end and an undrawn $2.25 billion revolving credit facility. The company also continued returning capital to shareholders, repurchasing approximately 1.53 million shares during the quarter while maintaining its quarterly dividend.

Looking ahead, management projected even higher earnings in the third quarter. The company expects the Steel Mills segment to benefit from higher realized pricing across all major product categories with stable shipment volumes, while Steel Products is expected to post stronger earnings on both higher volumes and pricing. Only the Raw Materials segment is expected to see lower earnings due to narrower margins.

Despite the strong quarterly performance and upbeat guidance, the modest premarket decline likely reflects profit-taking following the stock's recent gains or investors' expectations that much of the positive outlook had already been priced in. The results reinforce Nucor's position as one of the strongest performers in the North American steel industry, supported by resilient domestic demand, favorable trade policies, and continued infrastructure and manufacturing investment.

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Nucor declares quarterly dividend and approves $4 billion share buyback

Nucor’s Board of Directors declared a regular quarterly cash dividend of $0.56 per share, payable on May 11, 2026 to shareholders of record as of March 31, 2026. This marks the company’s 212th consecutive quarterly cash dividend.

Separately, the board approved a new share repurchase authorization of up to $4.0 billion, replacing the previous $4.0 billion program initiated in May 2023, under which approximately $3.69 billion of stock had been repurchased.

Repurchases may be made periodically through open-market transactions, private deals or block trades, depending on market conditions and other factors. The new authorization has no expiration date and is discretionary.
Nucor Corporation reported net earnings attributable to shareholders of $378 million, or $1.64 per diluted share, for the fourth quarter of 2025, compared with $607 million in the previous quarter and $287 million a year earlier. Excluding impairment charges, adjusted net earnings totaled $400 million, or $1.73 per share, on net sales of $7.69 billion, while EBITDA reached $918 million.

The results included impairment charges linked to the closure or repurposing of certain facilities. Management said recently completed growth projects are beginning to contribute to earnings and expressed optimism for 2026, citing strong backlogs, resilient demand in key end markets, and supportive U.S. steel policies.
Nucor Corporation announced it will host a live webcast of its fourth-quarter 2025 earnings conference call on January 27, 2026, at 10:00 a.m. ET. The call, led by CEO Leon Topalian, will review Q4 results and include a Q&A session. A replay will be available afterward on the company’s website.

Source: PR Newswire, January 13, 2026
Nucor to Host Third Quarter 2025 Earnings Conference Call on October 28

Nucor Corporation (NYSE: NUE) announced that it will hold a live conference call to discuss its third quarter 2025 financial results on October 28, 2025, at 10:00 a.m. Eastern Time.

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Nucor Confirms Containment of Cyberattack, Says No Material Impact on Business

Nucor Corporation has provided an update on the cybersecurity incident first disclosed on May 14, confirming that the threat actor who breached its IT systems no longer has access and that affected operations have been restored.

The steelmaker said it temporarily halted production at some facilities as a precaution and discovered that limited data was exfiltrated. It is assessing the impacted information and will notify affected parties as required by law.

Nucor emphasized that the breach has not had, and is not expected to have, a material impact on its operations or financial results. The company has engaged cybersecurity experts, notified authorities, and strengthened its systems as part of its response.
Nucor Projects Stronger Q2 2025 Earnings Driven by Higher Steel Prices
Nucor Corporation expects second-quarter 2025 earnings of $2.55 to $2.65 per diluted share, up significantly from $0.67 in Q1 2025 and slightly below the $2.68 in Q2 2024. The improvement is attributed to higher average selling prices and volume gains, particularly in the steel mills segment. Steel products and raw materials segments are also projected to report stronger performance.
During the quarter, Nucor repurchased 1.8 million shares at an average of $111.89 and returned $755 million to shareholders via buybacks and dividends. The official earnings release is scheduled for July 28, followed by a conference call on July 29.
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04-09-26WS News