Nucor Corporation (NUE)

The company now

Nucor reported third-quarter 2026 net earnings attributable to its stockholders of $1.32 billion, or $5.80 per diluted share, on 26 October 1. Net sales were $11.25 billion 1. A year earlier, third-quarter earnings were $607 million, or $2.63 per diluted share 1.

SteelOrbis reported that net sales were up 32.0 percent from the same quarter last year, and shipments to outside customers were 7.53 million short tons, up 11.2 percent 13. The release says the steel mills increase came from higher average selling prices and increased volumes, partly offset by higher costs 1. Second-quarter steel mills costs had been cut by $130 million of cash refunds on earlier raw material purchases, which did not recur 1.

Chair and Chief Executive Leon Topalian said Nucor generated approximately $2.7 billion of free cash flow and returned nearly $1.4 billion to shareholders in the first nine months of the year 1. Nucor expects fourth-quarter 2026 earnings to be generally in-line with or modestly higher than the third quarter 1.

The open question is the West Virginia sheet mill, which made its first heat in September 1. Nucor's presentation says the mill is building to a 50 percent utilization run rate by the end of 2027 2.

The presentation also says finished steel imports through the third quarter of 2026 are down about 13 percent from 2025 2. It adds that import market share has grown from about 14 percent to about 17 percent since the end of last year 2.

As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.