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Latest News:
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Nucor Reports Q3, Nine Months Results Oct. 21, 2011 - Nucor reported consolidated net earnings of $181.5 million on consolidated net sales of $5.25 billion for the third quarter, and consolidated net earnings of $641.1 million on consolidated net sales of $15.194 billion for the first nine months of 2011.
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Nucor Lauds Passage of Currency Manipulation Legislation Oct. 13, 2011 - Nucor Corp. commends the U.S. Senate for passing the bipartisan Currency Exchange Rate Oversight Reform Act of 2011 (S.1619), which provides sanctions on China or any other nation that manipulates its currency.
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Nucor Prevails in Class Action Case Sep. 26, 2011 - The Eighth Circuit Court of Appeals has confirmed that a national class action brought against Nucor-Yamato not only was inappropriate, but there was no evidence of plant-wide discrimination at the Blytheville, Ark., plant.
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Nucor Reports 2nd Quarter Results Jul. 22, 2011 - Nucor announced consolidated net earnings of $299.8 million on consolidated net sales of $5.11 billion for the second quarter, and consolidated net earnings of $459.6 million on consolidated net sales of $9.94 billion for the first six months of 2011.
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Nucor Names Grand Prize Winner of Strength of Steel Challenge Jun. 20, 2011 - Nucor Corp. recently concluded its Strength of Steel Challenge with an awards ceremony in Charlotte, N.C., where eight semifinalist teams were flown to present their inventions to Nucor executives. Entrants created a structure out of recycled steel that could be used to support another object in the home, school, or vehicle.
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Nucor’s Stratman Appointed AIST President for 2011–2012 May 6, 2011 - The Association for Iron & Steel Technology announced the appointment of R. Joseph Stratman, Executive Vice President, Nucor Corp., as President of AIST for 2011–2012. The Association also announced its new executive committee and board of directors.
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Steel Technologies to Acquire NuPro Steel Feb. 17, 2011 - Steel Technologies LLC has signed a Memorandum of Understanding to acquire the business and certain assets of Crawfordsville, Ind.-based NuPro Steel, LLC.
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Nucor Awards Tenova HYL Contract for World’s Largest DR Plant Feb. 17, 2011 - Nucor has signed a contract with Tenova HYL for the world’s largest single DR module ever to be constructed. The 2.5 million ton per year, Louisiana-based Energiron ZR plant will supply DR to Nucor’s other steelmaking facilities.
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Chinese Boron-Added Plate Held Subject to Antidumping Order Feb. 17, 2011 - The Department of Commerce has issued an affirmative preliminary circumvention ruling determining that Chinese imports of cut-to-length carbon steel plate that include insignificant amounts of boron are subject to the antidumping duty order on CTL plate.
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Nucor Announces New Development in St. James Parish Project Jan. 28, 2011 - The Louisiana Department of Environmental Quality has issued an air quality permit for Nucor Corp.’s direct reduced iron making facility that will be located in St. James Parish, La. The facility could ultimately lead to construction of a coke plant, blast furnace, pellet plant and steel mill.
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Nucor Reports 4th Quarter, Full Year 2010 Results Jan. 28, 2011 - Nucor Corp. reported a consolidated net loss of $11.4 million on consolidated net sales of $3.85 billion for the fourth quarter and consolidated net earnings of $134.1 million on consolidated net sales of $15.84 billion for the full year 2010.
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Ferriola Named Nucor President and COO Jan. 4, 2011 - Nucor’s Board of Directors has appointed John J. Ferriola President and Chief Operating Officer, effective January 1, 2011. Daniel R. DiMicco will continue to serve as Nucor's Chairman and Chief Executive Officer.
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Nucor Announces Guidance for Q4 Earnings Dec. 17, 2010 - Nucor Corp. announced guidance for its fourth quarter ending December 31, 2010, which supports the company’s qualitative guidance from late October that "the fourth quarter may indeed turn out to be the most challenging quarter of the year." The company expects Q4 results to be in the range of a loss of $0.10 to $0.15 per diluted share.
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Nucor Announces Increase in Cash Dividend Dec. 9, 2010 - Nucor’s Board of Directors has increased the regular quarterly cash dividend on the company's common stock to $0.3625 per share from $0.36 per share.
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Nucor Reports Results for 2010 Q3, First Nine Months Oct. 22, 2010 - Nucor Corp. announced consolidated net earnings of $23.5 million, or $0.07 per diluted share, for the third quarter of 2010, compared to net earnings of $91.0 million, or $0.29 per diluted share, in the previous quarter and a net loss of $29.5 million, or $0.10 per diluted share, in the third quarter of 2009.
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Nucor Selects St. James Parish for Iron Making Facility Sep. 16, 2010 - Nucor Corp. has selected St. James Parish, Louisiana, for the construction of a planned $750 million iron making facility, subject to receipt of all requisite environmental permits. The new facility will be owned and operated by Nucor Steel Louisiana, LLC, a wholly owned indirect subsidiary of Nucor.
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Nucor Announces Third Quarter Earnings Guidance Sep. 15, 2010 - Nucor says it is expecting to report results in the range of $0.05 to $0.10 per diluted share for the third quarter ending October 2, 2010, reflecting a general slowdown across all product lines.
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Nucor Exec Reappointed to United States Manufacturing Council Aug. 6, 2010 - Nucor Corp. Chairman, President, and CEO Daniel R. DiMicco has been reappointed to serve on the United States Manufacturing Council. He has served on this board for the past two years as a liaison between the federal government and the country's manufacturing sector.
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Nucor Reports 2nd Quarter, Six-Month Results Jul. 23, 2010 - Nucor reported consolidated net earnings of $91.0 million on consolidated net sales of $4.20 billion for the second quarter, and consolidated net earnings of $122.0 million on consolidated net sales of $7.85 billion for the first half of 2010.
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Nucor’s Parrish to Retire; Darsey Promoted Jul. 2, 2010 - Nucor Corp. Executive Vice President of Bar Products D. Michael Parrish plans to retire at the end of August after 35 years of service with Nucor. Effective September 1, James R. Darsey will be promoted to the position.
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Nucor Receives Air Quality Permit for St. James Parish Project May 26, 2010 - The Louisiana Department of Environmental Quality has issued an air quality permit, marking a milestone in the construction of a major greenfield facility in St. James Parish. The issuance of the permit allows Nucor to move forward in its site selection process.
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Nucor CEO Elected as New AISI Chairman May 6, 2010 - The Board of Directors of the American Iron and Steel Institute has elected Daniel R. DiMicco, Chairman, President, and CEO of Nucor Corp., to serve as Chairman of the Institute until May 2011. He succeeds James L. Wainscott, Chairman, President, and CEO of AK Steel Corp.
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Nucor Presents Quaker Chemical with Safety Award Apr. 28, 2010 - Quaker Chemical was recently recognized by Nucor Steel for its ongoing commitment to the safety and well-being of their employees as well as those of their customers. A Safety Excellence Award was presented to Quaker Chemical during the Nucor Safety Summit.
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SMS Meer Modernizes Mill for Nucor in ‘Record Time Apr. 22, 2010 - SMS Meer has modernized a finishing mill for Nucor Steel Darlington, S.C., in five weeks. The new continuous finishing mill allows shorter stand changing times as well as reduced setup and adjustment times.
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Nucor Announces Guidance for First-Quarter Earnings Mar. 17, 2010 - Nucor Corp. announced guidance for its first quarter ending April 3, 2010. The company expects first-quarter results to be in the range of ($0.05) to $0.05 per diluted share, compared to a loss of $0.60 per diluted share in the first quarter of 2009 and earnings of $0.18 per diluted share in the fourth quarter of 2009.
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Nucor, Mitsui to Form Steel Processing Joint Venture Mar. 4, 2010 - Nucor Corp. and Mitsui & Co. (U.S.A.) have entered into a 50-50 joint venture in which newly created NuMit LLC will own and operate a flat rolled steel processing network and other steel related projects throughout North America.
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Nucor Subsidiary Acquires Ocala Recycling Mar. 2, 2010 - Nucor Corp.’s wholly owned subsidiary, The David J. Joseph Co. (DJJ), has acquired the assets and business of Ocala Recycling LLC, currently a subsidiary of Blaze Metals LLC. DJJ will operate the Ocala facilities as part of Trademark Metals Recycling LLC.
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Nucor Reports 4th Quarter, Year-End Results Jan. 27, 2010 - Nucor reports consolidated net earnings of $58.9 million on consolidated net sales of $2.94 billion for the fourth quarter and a consolidated net loss of $293.6 million on consolidated net sales of $11.19 billion for the full year 2009.
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Nucor’s Rutkowski to Retire Jan. 12, 2010 - Nucor Executive Vice President of Business Development Joseph A. Rutkowski will retire at the end of February after 21 years of service with the company. Effective March 1, 2010, R. Joseph Stratman will assume responsibility for business development activities while continuing his role as EVP of Beam and Plate Products.
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Nucor CEO Recognized by Harvard Business Review Jan. 8, 2010 - Harvard Business Review recognizes Chairman, CEO, and President Dan DiMicco and Nucor's management team in its ranking of "The Best-Performing CEOs in the World" in the January-February 2010 edition.
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Nucor Updates Fourth Quarter Guidance Dec. 17, 2009 - Nucor updates its guidance for the fourth quarter ending December 31, saying that it now expects results to be breakeven to slightly positive.
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Nucor Board Increases Cash Dividend Dec. 10, 2009 - Nucor’s board of directors increases the regular quarterly cash dividend on the company's common stock by 2.9% to $0.36 per share.
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Nucor Reports 3rd Quarter Results Oct. 23, 2009 - Nucor reports a consolidated net loss of $29.5 million on consolidated net sales of $3.12 billion for the third quarter and a consolidated net loss of $352.5 million on consolidated net sales of $8.25 billion for the first nine months of 2009.
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Nucor CFO to Retire at Year-End Oct. 21, 2009 - Nucor Chief Financial Officer Terry S. Lisenby announces plans to retire at the end of this year, after 24 years of service with Nucor.
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Nucor Steel Improves Worker Hearing Protection Oct. 15, 2009 - Nucor Steel is using new state-of-the-art VeriPRO earplug fit testing technology from Howard Leight to evaluate whether each individual employee is receiving optimal on-the-job hearing protection.
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Nucor Updates Third Quarter Guidance Sep. 16, 2009 - Nucor updates its guidance for the third quarter, saying that it now expects results in the range of a loss of $0.15 to $0.20 per diluted share.
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Nucor Reports 2nd Quarter, First Half Results Jul. 24, 2009 - Nucor reports a consolidated net loss of $133.3 million on consolidated net sales of $2.48 billion for the second quarter, and a consolidated net loss of $323.0 million on consolidated net sales of $5.13 billion for the first six months of 2009.
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Nucor Adjust Second-Quarter Guidance Jun. 17, 2009 - Nucor updates its second-quarter guidance, saying that it now expects to report a smaller-than-expected loss in the range of $0.55 to $0.65 per diluted share, based on increased orders.
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Nucor Reports Record Results for 2008 Jan. 28, 2009 - Nucor reports consolidated net earnings of $105.9 million on consolidated net sales of $4.15 billion for the fourth quarter, and record consolidated net earnings of $1.83 billion on record consolidated net sales of $23.66 billion for the full year 2008.
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Nucor Posts 4th Quarter Earnings Guidance Dec. 10, 2008 - Nucor says that it expects to be profitable in the fourth quarter ending December 31, 2008, although it will be only marginally above the breakeven level.
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Nucor Reports Record 3rd Quarter Results Oct. 17, 2008 - Nucor reports record consolidated net earnings of $734.6 million on record consolidated net sales of $7.45 billion for the third quarter, and record consolidated net earnings of $1.73 billion on record consolidated net sales of $19.51 billion for the first nine months of 2008.
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Nucor Increases Third Quarter Earnings Guidance Sep. 16, 2008 - Nucor increases its third-quarter earnings guidance based on improved performance, strong contributions from acquisitions, and a lower-than-expected LIFO charge prompted by lower scrap prices.
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Nucor Subsidiary Acquires Ambassador Steel Aug. 27, 2008 - Nucor subsidiary Harris Steel completes its acquisition of Auburn, Ind., based Ambassador Steel for a cash purchase price of approximately $185 million.
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Nucor’s David J Joseph Company Makes Two Acquisitions Aug. 6, 2008 - Nucor subsidiary The David J. Joseph Co. signs a purchase agreement to acquire the assets of Missouri-based American Compressed Steel and substantially all the assets of Texas-based Victoria Recycling.
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Nucor Reports Record 2nd Quarter, Six-Month Results Jul. 18, 2008 - Nucor announces record consolidated net earnings of $580.8 million on record consolidated net sales of $7.09 billion for the second quarter, and record consolidated net earnings of $990.5 million on record consolidated net sales of $12.06 billion for the first half of 2008.
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Nucor to Acquire Ambassador Steel Jun. 13, 2008 - Nucor’s Harris Steel will acquire the issued and outstanding common shares of Ambassador Steel for a cash purchase price of approximately $185,000,000.
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Nucor Bumps up 2nd Quarter Earnings Guidance Jun. 6, 2008 - Strong shipments and higher margins are prompting Nucor Corp. to increase its earnings guidance in the range of $1.75 to $1.80 per diluted share for the second quarter, significantly better than the $1.55 to $1.60 per share that Nucor had previously forecast.
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Nucor Closes Common Stock Offering May 30, 2008 - Nucor closes its public offering of 27,667,580 shares of common stock, including 2,667,580 shares issued after the underwriters exercised their over-allotment option.
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Nucor Launches Common Stock Offering May 20, 2008 - Nucor commences public offering of 25,000,000 shares of common stock, and grants underwriters an option to purchase up to an additional 3,750,000 shares at the public offering price, less the underwriting commission, within 30 days following the closing date.
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Nucor Announces President for Nucor Europe May 19, 2008 - Nucor announces the promotion of Rex Query to the position of President of Nucor Europe, following the company’s recent announcement of major European investments with Duferco Steel and Sidenor.
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Nucor to form Joint Venture with Sidenor May 15, 2008 - Nucor signs MoU with Sidenor regarding a new joint venture for the production and distribution of long steel products and plate in the Balkans, Turkey, Cyprus, and North Africa.
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Nucor Reports Record 1st Quarter Results Apr. 18, 2008 - Nucor reports consolidated net earnings of $409.8 million on record consolidated net sales of $4.97 billion for the first quarter of 2008, marking the company’s fifth consecutive year of reporting record first-quarter earnings.
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Nucor to Acquire David J. Joseph Company Feb. 11, 2008 - Nucor will buy David J. Joseph Co., one of the country’s leading scrap brokers, in a $1.44-billion deal that will boost its total annual scrap processing capacity and provide access to extensive brokerage operations.
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MultiServ Gets Contract Extensions at Corus Ijmuiden, Nucor Yamato Feb. 8, 2008 - Harsco’s MultiServ mill services division is awarded multi-year contract extensions at the 7 million tonne/year Corus IJmuiden strip products works in the Netherlands, and at the Nucor Yamato works in Arkansas, which is preparing for a significant expansion of its production later this year.
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Nucor Reports Results for 2007 Jan. 25, 2008 - Nucor Corp. announced consolidated net earnings of $364.8 million on record consolidated net sales of $4.40 billion for the fourth quarter, and consolidated net earnings of $1.47 billion on record consolidated net sales of $16.59 billion for the full year of 2007.
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Nucor Breaks Strip-Casting Record with Castrip Process Jan. 16, 2008 - Nucor sets a new record for sequence casting -- 24 ladles of steel, cast continuously, over a 38-hour period -- at the world's first commercial Castrip-based strip-casting facility for plain-carbon steel sheet.
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Nucor Increases Base Dividend by 173% Dec. 6, 2007 - Nucor’s Board of Directors increases the regular quarterly cash dividend on Nucor's common stock to thirty-cents per share, and approves a supplemental dividend of thirty-one cents per share.
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Nucor Execs Applaud Efforts to Reestablish U.S. Trade Priorities Nov. 9, 2007 - Nucor executives voice support for the decision announced by Rep. Michael A. Arcuri (D-N.Y.) to oppose the proposed free trade agreement between the United States and Peru, and to encourage Congressional leaders to advance legislation to address the fundamental trade problems facing American industries and workers.
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Nucor Reports 3rd Quarter Results Oct. 19, 2007 - Nucor reports consolidated net earnings of $381.2 million on consolidated net sales of $4.26 billion for the third quarter, and consolidated net earnings of $1.11 billion on consolidated net sales of $12.20 billion for the first nine months of 2007.
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Nucor’s Harris Steel Expands Rebar Fabrication Business Sep. 21, 2007 - Nucor subsidiary Harris Steel builds its rebar fabrication business with the recent acquisition of Consolidated Rebar and South Pacific Steel, as well as a new agreement to combine businesses with Barker Steel.
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Nucor to Acquire Nelson Steel Sep. 14, 2007 - Nucor enters into an agreement to acquire the assets of Nelson Steel, a significant player in the mesh markets, for a cash purchase price of approximately $54 million.
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Nucor to Acquire LMP Steel & Wire Aug. 3, 2007 - Nucor enters into an agreement to acquire assets of cold finish bar producer LMP Steel & Wire for a cash purchase price of approximately $28 million.
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Nucor Steel Contracts CORE for EAF Revamp Aug. 1, 2007 - Nucor Steel recently contracted Core Furnace Systems to convert an existing conventional-tapping EAF into a bottom-tapping EAF at its Jackson, Miss., facility.
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SMS Demag to Help Boost Production at Nucor Hickman Jul. 26, 2007 - Nucor awards SMS Demag a contract to modernize the finishing mill at its CSP plant in Hickman, Ark., including replacement of the drive trains on mill stands F1 and F2 and modification of these stands to accommodate larger work rolls.
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Nucor Reports Results for First Half of 2007 Jul. 20, 2007 - Nucor announces consolidated net earnings of $344.9 million on consolidated net sales of $4.17 billion for the second quarter, and consolidated net earnings of $725.9 million on consolidated net sales of $7.94 billion for the first half of 2007.
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Nucor to Acquire Building Systems Supplier Magnatrax Jun. 26, 2007 - Nucor enters into Merger Agreement to acquire Magnatrax, a leading provider of custom-engineered non-residential metal building systems, for a cash purchase price of approximately $280 million.
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Nucor Announces 2nd Quarter Earnings Guidance Jun. 12, 2007 - Nucor says it expects earnings for the second quarter to be in the range of $1.05 to $1.15 per diluted share, “historically strong earnings,” but below this year's first-quarter results and the record second quarter earnings achieved last year.
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Nucor Contracts CORE for Low-NOx Burners at Plymouth Apr. 24, 2007 - Nucor Steel recently contracted Core Furnace Systems to provide the latest generation of flameless low-NOx burners for the existing walking-hearth reheat furnace at its Plymouth, Utah, facility.
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Nucor Reports Record 1st Quarter Results Apr. 20, 2007 - Nucor announced record consolidated net earnings of $381.0 million on net sales of $3.77 billion for the first quarter of 2007, marking the company’s fourth consecutive year of record first quarter earnings.
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Nucor Team Honored by Investment Community Mar. 28, 2007 - March 28, 2007 — Nucor Corp. announced that Institutional Investor magazine has included Nucor in its 2007 list of "America's Most Shareholder-Friendly Companies."
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Nucor Reports Record Results for 2006 Jan. 26, 2007 - Jan. 26, 2007 — Nucor Corp. announced consolidated net earnings of $408.2 million on consolidated net sales of $3.47 billion for the fourth quarter, and record consolidated net earnings of $1
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Danieli to Upgrade Nucor’s Memphis Mill Jan. 4, 2007 - Jan. 4, 2007 — Nucor has selected Danieli to provide equipment for its new Special Bar Quality Minimill in Memphis, Tenn. Danieli will help Nucor revive the idled Memphis plant that the compa
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Peaslee Named First Iverson Chair of Steelmaking Technology Dec. 31, 2006 - University of Missouri-Rolla, home to one of the nation's largest metallurgical engineering programs, announced that Dr. Kent Peaslee, Curators’ Teaching Professor of metallurgical engineering, has been named the F. Kenneth Iverson Chair of Steelmaking Technology.
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Nucor Reports 1st Quarter Results Apr. 21, 2006 - April 21, 2006 — Nucor Corp. announced consolidated net earnings of $379.2 million on consolidated net sales of $3.55 billion for the first quarter of 2006.
The $379.2 m
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Nucor Announces Cash Dividend Increase Feb. 23, 2006 - Feb. 23, 2006 — Nucor Corp.’s Board of Directors has increased the regular quarterly cash dividend on Nucor's common stock to twenty cents ($0.20) per share, from fifteen c
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Nucor Reports Record Results for 2005 Jan. 30, 2006 - Jan. 30, 2006 — Nucor Corp. announced consolidated net earnings of $341.0 million on consolidated net sales of $3.21 billion for the fourth quarter, and record consolidated net e
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Nucor Cited for Clean-Air Violations at Crawfordsville Jan. 13, 2006 - Jan. 13, 2006 — U.S. Environmental Protection Agency Region 5 has cited Nucor Steel for alleged clean-air violations at its Crawfordsville, Ind., facility.
EPA alleges that Nucor violated EPA requirements for control of hydrochloric acid emissions at one of the Crawfordsville facility process lines.
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Nucor Reports 3rd Quarter Results Oct. 21, 2005 - Nucor Corp. announced consolidated net earnings of $291.9 million on consolidated net sales of $3.03 billion for the third quarter, and record consolidated net earnings of $969.3 million on consolidated net sales of $9.49 billion for the first nine months of 2005.
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Nucor Auburn Recommits to Environmental Performance Program Aug. 25, 2005 - Nucor Steel Auburn Inc., Auburn, N.Y., is one of 32 facilities renewing their three-year membership in the EPA’s National Environmental Performance Track Program by continuing to meet the program's criteria and committing to new environmental goals. As part of its environmental initiatives, Nucor Auburn has committed to the use of scrap tires in its production of steel, which will help the facility reduce its use of coal by more than 500 tons.
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Nucor Reports Record 2nd Quarter Results Jul. 22, 2005 - Nucor Corp. announced consolidated net earnings of $322.7 million on consolidated net sales of $3.15 billion for the second quarter, and consolidated net earnings of $677.4 million on consolidated net sales of $6.47 billion for the first half of 2005.
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AIST Announces 2005-2006 Officers Jun. 9, 2005 - June 9, 2005 — The Association for Iron & Steel Technology (AIST) announced that Richard E. O’Hara, Director of Procurement and Logistics for Carpenter Specialty Alloys, Reading, Pa, has been elected as the association’s President for 2005-2006. He replaces outgoing President Thomas C. Graham Jr., Vice President, T.C. Graham & Associates, Mason, Ohio.
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Nucor Completes Acquisition of Marion Steel Jun. 6, 2005 - Nucor Corp. announced that it has completed the purchase of substantially all of the assets of Marion Steel Co. for a cash purchase price of approximately $110.0 million.
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Nufab Rebar Announces Acquisition of Lulich Steel May 5, 2005 - Nufab Rebar(TM) LLC, Nucor Corp.'s rebar fabrication joint venture with Ambassador Steel Corp., announced that it has acquired Lulich Steel LLC. Rebar fabricator Lulich Steel serves the reinforcing steel construction markets of Louisiana, Mississippi and the panhandle region of Florida.
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Nucor To Purchase Marion Steel Assets Apr. 18, 2005 - Nucor Corp. has entered into an agreement to purchase substantially all of the assets of Marion Steel Co. for a cash purchase price of approximately $113 million.
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Nucor Names International Business Development Executive Mar. 1, 2005 - Nucor Corp. announced that Joseph A. Rutkowski will see his responsibilities change from Executive Vice President of Business Development North America to Executive Vice President of Business Development International and North America.
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Nucor Restarts Upgraded Darlington Bar Mill Feb. 18, 2005 - Nucor recently restarted hot run operation on its Darlington No. 2 Bar Mill following a major upgrade by Danieli. The upgrade project targeted increased plant uptime and efficiency.
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Nucor Steel Orders New P&H Ladle Crane Jan. 28, 2005 - Nucor Corp. has contracted Morris Material Handling to engineer and build a new CMAA Class F severe duty ladle crane for the company’s Crawfordsville, Ind., facility. The new crane, which Nucor will use to transport ladles of molten steel from the meltshop floor to the continuous caster turret, has become necessary in the face of increasing productivity needs.
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Nucor Reports Record Results for 2004 Jan. 28, 2005 - Nucor Corp. announced consolidated net earnings of $341.4 million on net sales of $3.09 billion for the fourth quarter, and consolidated net earnings of $1.12 billion on consolidated net sales of $11.38 billion for the full year 2004. Net earnings per share and average shares outstanding for all periods reflect a two-for-one stock split effective in October 2004.
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Nucor Steel to Implement EAM Solution from IFS Dec. 22, 2004 - Nucor Corp. has signed a contract with IFS to implement IFS Applications(TM) business software. Nucor will use IFS' maintenance, purchasing, and inventory applications at its Jewett, Texas, facility, which produces carbon steel shapes and bar products.
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Nucor Installs Motank System on Birmingham EAF Nov. 10, 2004 - Nucor Steel Birmingham Inc. recently installed the Motank, a remote controlled slag door ram supplied by Moré, Gemona del Friuli, Italy. The system was installed on the facility’s 60-ton AC EAF.
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Nucor Reports Record 3rd Quarter Results Oct. 22, 2004 - Nucor Corp. announced record consolidated net earnings of $415.4 million on record consolidated net sales of $3,239.6 million for the third quarter, and consolidated net earnings of $780.1 million on consolidated net sales of $8,287.8 million for the first nine months of 2004. Earnings for the third quarter exceeded the previous record annual earnings. Net earnings per share and average shares outstanding for all periods reflect a two-for-one stock split effective in October 2004.
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Nucor Announces 2-for-1 Stock Split Sep. 9, 2004 - Nucor Corp. announced that its Board of Directors approved a 2-for-1 stock split. The stock split will be carried out by issuing one additional share of common stock for each share held by stockholders of record on September 30, 2004. The additional shares will be distributed to stockholders on or about October 15, 2004. Nucor common stock's par value will remain at $.40 per share. The stock split is intended to broaden interest in Nucor's common stock and improve its marketability.
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AISI Receives First Royalties from Hot Strip Mill Model Sales Aug. 31, 2004 - The American Iron and Steel Institute (AISI) recently received its first royalties from sales of the Hot Strip Mill Model (HSMM). The model is one of several commercially licensed technologies developed under AISI’s Advanced Process Control program, a collaborative effort among steelmakers and the U.S. Department of Energy (DOE) to put breakthrough technologies on the plant floor.
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Nucor Closes Deal on Worthington Cold Mill Aug. 4, 2004 - Nucor Corp. announced that it has closed on the purchase of Worthington Industries’ cold rolling mill in Decatur, Ala., for a cash purchase price of approximately $80 million.
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Concast Commissions Nucor-Jewett Meltshop Aug. 4, 2004 - Concast recently started up a new, single-unit meltshop at Nucor’s facility in Jewett, Texas. The new one million ton/year (900,000 tonne) plant consists of a 100-ton (82-tonne) electric arc furnace, twin-station ladle furnace and a four (five)-strand Convex Technology® continuous caster.
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Nucor Reports Record Results for Second Quarter Jul. 23, 2004 - Nucor Corp. announced record consolidated net earnings of $251.4 million on sales of $2761.8 million for the second quarter, and consolidated net earnings of 364.7 million on consolidated net sales of $5048.2 million for the first half of 2004.
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Nucor Adjusts 2nd Quarter Earnings Outlook Jun. 16, 2004 - Bouyed by increased margins, strengthening demand and turnarounds at its newest facilities, Nucor Corp. has announced increased earnings expectations for its second quarter ending July 3, 2004.
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Nucor to Purchase Corus Tuscaloosa Assets Jun. 8, 2004 - Nucor Corp. has entered into an agreement to purchase substantially all of the steelmaking assets of Corus Tuscaloosa for a cash purchase price of approximately $90 million.
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Nucor Restarts Kankakee Bar and Section Mill Jun. 4, 2004 - Nucor Steel Kankakee recently restarted operations on their bar and section mill following completion of a modernization project by Danieli Morgårdshammar. The project included replacement of the existing cooling bed and services for better coping with productivity and product quality requirements.
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ISG Announces Starting Lineup for Newly Acquired ISG Weirton Jun. 4, 2004 - With the closing of the Weirton Steel Acquisition, ISG became North America’s largest integrated steel producer. Following the acquisition, ISG President Rodney Mott recently announced the reassignment of several members of the current ISG management team and appointment of several new members.
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Nucor Upgrades Coil Temperature Control Mode Jun. 4, 2004 - Nucor recently replaced the computer model on the Hickman facility’s hot mill, and modified the control strategy for sequencing the spray cooling system on the runout tables. The upgrade has provided tighter and more advanced temperature control.
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Nucor to Acquire Decatur Cold Mill from Worthington May 28, 2004 - Nucor Corp. has entered into an agreement with Worthington Industries, Inc. for the purchase of certain assets of their cold rolling mill in Decatur, Ala., for a cash purchase price of approximately $82 million.
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Nucor Revises First Quarter Earnings Outlook Mar. 19, 2004 - Strong pricing across all product ines accompanied by increased demand and decreased pre-operating and start-up costs have led to increased the earnings expectations for Nucor’s first quarter ended April 3, 2004.
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Weirton Noteholders Hire John Correnti to Help Formulate Stand-Alone Plan Mar. 12, 2004 - The Informal Committee of Senior Secured Noteholders of Weirton Steel Corp. has retained International Steel Associates, Inc. and its principal, John Correnti to advise the Committee in its efforts to recapitalize and restructure Weirton Steel. Correnti had previously served as CEO of Nucor Steel and CEO of Birmingham Steel.
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Nucor to Form Joint Venture With Ambassador Steel Jan. 12, 2004 - Nucor Corp. has entered into an agreement with Ambassador Steel Corp. to form Nufab Rebar LLC, a rebar fabrication joint venture that will grow through both greenfield projects and the acquisition of existing assets.
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