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NUCOR CORPORATION

(NUE)
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Nucor to Add Blast and Prime Line At New Kentucky Plate Mill

11/18/2021 | 09:00am EST

Nucor Corporation announced that it will be adding a blast and prime line at its greenfield steel plate mill currently under construction in Brandenburg, Kentucky. The blast and prime line will have an annual capacity of approximately 120,000 tons and will provide the Nucor Plate Group with even broader capabilities and offerings for customers of wider and thicker plate products. The Nucor Steel Brandenburg plate mill is a $1.7 billion capital investment that will employ approximately 400 teammates when it is fully operational. It is scheduled to start-up in the fourth quarter of 2022. The new mill is located in the middle of the largest U.S. steel plate-consuming region and will be able to produce 97% of plate products consumed domestically.


ę S&P Capital IQ 2021
All news about NUCOR CORPORATION
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01/12Nucor to Build its New Sheet Mill in West Virginia
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01/12Nucor Selects West Virginia as Location for New, State-Of-The-Art Sheet Mill
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01/12Nucor Corporation Announces to Build Its Sheet Mill in Mason County, West Virginia
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01/12TONY XU : All Eyes on -2-
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More news
Analyst Recommendations on NUCOR CORPORATION
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Financials (USD)
Sales 2021 36 473 M - -
Net income 2021 6 785 M - -
Net Debt 2021 3 538 M - -
P/E ratio 2021 4,17x
Yield 2021 1,68%
Capitalization 26 342 M 26 342 M -
EV / Sales 2021 0,82x
EV / Sales 2022 0,73x
Nbr of Employees 26 400
Free-Float 74,8%
Chart NUCOR CORPORATION
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Nucor Corporation Technical Analysis Chart | NUE | US6703461052 | MarketScreener
Technical analysis trends NUCOR CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 96,74 $
Average target price 112,27 $
Spread / Average Target 16,1%
EPS Revisions
Managers and Directors
Leon J. Topalian President, Chief Executive Officer & Director
James D. Frias Controller-Nucor Steel Indiana
John H. Walker Non-Executive Chairman
David A. Sumoski Chief Operating Officer
Christopher J. Kearney Independent Director
Sector and Competitors
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