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Nucor set to soon bring plenty of new capacity online
The projects collectively represent ~65% of Nucor’s capital expenditures budget for this year.
The projects collectively represent ~65% of Nucor’s capital expenditures budget for this year.
Timna Tanners, managing director of equity research for Wolfe Research, will be the featured speaker on the next SMU Community Chat. Tanners – who has coined Sheet Storm, Scrap Squeeze, and Galv Galore – is one of the most popular guests on our Community Chats. Her insights and forecasts are always thought provoking.
Nucor isn’t overly concerned with low utilization rates or an oversupplied market, as its investment strategy is for the long term, executives reminded investors on Tuesday.