NUE Stock Recent News

Calgary, Alberta--(Newsfile Corp. - April 3, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "Nu E") announces the have settled outstanding indebtedness of the Company in the aggregate amount of ‎$275,000.00 (the "Debt"), pursuant to the terms of debt settlement agreements with certain arm's length creditors (the "Creditors"). In settlement of the Debt, the Company has issued an aggregate of ‎833,333‎ common shares in the capital of the Company (the "Common Shares") to the Creditors at a price of $0.30 per Common Share for $175,000 of debt and $0.40 per Common Share for $100,000 of debt (the "Shares for Debt").

The steel stocks in the basic materials sector have been benefactors of President Trump's steel and aluminum tariffs. However, U.S. Steel's 26.5% year-to-date (YTD) performance as of Mar 28, 2025, may be caused by more than just tariff benefits, especially when peers like Nucor Co. NYSE: NUE and Steel Dynamics Inc. NASDAQ: STLD are only up 4.5% and 8.7% YTD, as of Mar 28, 2025, respectively.

If you are a dividend lover, then you have very likely heard of Dividend Kings. These companies have increased their dividend payout every year for at least five decades.

The surge in U.S. steel prices, driven by tariffs, has created a favorable landscape for American steel producers like NUE, STLD and X.

Nucor's low-cost, sustainable steel production and strong domestic focus position it as a resilient player in the U.S. steel market. Despite a 30% stock drop, Nucor's innovative EAF technology and diversified product portfolio ensure cost efficiency and market adaptability. Nucor's valuation metrics, including a P/E GAAP of 15.49 and strong profitability, make it attractive compared to peers.

The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.

The primary reason for NUE's predicted decline in profitability in the first quarter is weaker selling prices.

CHARLOTTE, N.C. , March 20, 2025 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its first quarter ending April 5, 2025.

While NUE's actions to grow through capacity expansion and acquisitions bode well, weak steel selling prices weigh on its prospects.

The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.