All articles tagged with #nucor
The article discusses how Trump's tariff policies have created market uncertainty and highlights two companies, Home Depot and Nucor, that could benefit from the trade tensions due to their strong domestic supply chains and potential for increased demand in U.S. manufacturing and construction sectors.
Nucor CEO Leon Topalian attributes the company's recent profitability to its strategy of growing core steelmaking assets and expanding into adjacent businesses, as well as benefiting from government initiatives such as the infrastructure bill and semiconductor production incentives. Nucor's earnings over the past three years exceed those of the last 20, with the company's stock rising nearly 7% following the earnings report.