Nucor News

N.C. Rep. Ruth Samuelson fought unsuccessfully against House Bill 628, titled Protect/Promote NC Lumber.

The N.C. House of Representatives is scheduled to take a final vote on proposed legislation that may bar the use of the Leadership in Energy and Environmental Design rating system on public projects.

Although the U.S. mini-mill companies Nucor and Steel Dynamics have beaten the market over the past year, these are still tough times in steel, as stocks like U.S. Steel , POSCO , and ThyssenKrupp really have not been strong.

"Today's modern steelmaking processes are capable of producing steel with nearly 100% recycled content," says Nucor Corp.

N.C. Rep. Ruth Samuelson says she received numerous emails with concerns on the impact of the legislation, adding that there was uncertainty as to how the bill would affect Charlotte-based Nucor Corp., concrete makers and other companies that are part of the green building industry.

The legislation, which has the backing of the Weyerhaeuser Corp. and the N.C. Forestry Association, easily passed the House Agriculture Committee on Tuesday by a vote of 26-8. It was the first vote on the bill since it was introduced a month ago.

Vale SA, the world's biggest iron ore miner, hopes to boost sales to the U.S. steel industry, which has become more competitive as the country's shale gas boom has lowered costs, the Brazilian miner's CEO said on Tuesday.

Baltimore County Executive Kevin Kamenetz on Friday will unveil a framework for redeveloping Sparrows Point, the peninsula that is home to a 3,000-acre industrial tract.

Hamilton Lott Jr., Nucor Corp.'s executive vice president of fabricated construction products, will resign after 37 years with the Charlotte, N.C.-based steelmaker.

China's rapid expansion over the years has boosted demand for industrial metals, as well as steel iron.

Nucor is down 44% in the last five years, though that's actually not that bad for a steel company: U.S. Steel has fallen more than 80% over the same period, and Steel Dynamics had underperformed Nucor as well.

The debate over natural gas exportation has created some unfamiliar enemies and even more unfamiliar friends.

In conjunction with Nucor's first quarter earnings release, announced its live conference call with host John Ferriola, Chief Executive Officer and President.