Nucor, headquartered in Charlotte, North Carolina, manufactures steel products and materials, employing 32,000 people across segments like steel mills, steel products, raw materials, and data systems. Their offerings include various steel types and components for diverse applications.
NUE has been in the news recently: Cleveland-Cliffs shares experienced a significant increase of 25% to 27% after President Trump announced plans to double steel import tariffs from 25% to 50%. This change in tariffs positively impacted the company's stock price, reflecting investor confidence in the steel market.
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