NUE Stock Recent News

Shares of steel and aluminum producers, including Cleveland-Cliffs (CLF) and Nucor (NUE), advanced Monday after President Donald Trump said that he would be implementing a 25% tariff on imports of the two metals.

Shares of steel giants  Nucor Corp (NYSE:NUE) and United States Steel Corp (NYSE:X) are surging after President Donald Trump on Sunday announced plans to impose a 25% tariff on steel and aluminum imports.

Calgary, Alberta--(Newsfile Corp. - February 10, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "NUE") is pleased to announce the approval by the Alberta Utilities Commission, to construct a combined 157MWac/188MWdc solar facility in the County of Lethbridge. The approval was granted to Lethbridge Two Solar Corp and Lethbridge Three Solar Corp. (the "Project"), which are jointly owned between Low Carbon Canada Limited and NUE through their joint venture company, Low Carbon - NU Energy Corp. Low Carbon and NU E are 50/50 partners in the joint venture.

Now that steel and aluminum are the next targets for Trump tariffs, Steel Dynamics and Century Aluminum may offer early entries. The post Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal appeared first on Investor's Business Daily.

Subscribers to Schaeffer's Weekend Trader options recommendation service received this NUE commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

Investors have had to deal with a lot of uncertainty lately in the stock market as President Trump has rolled out the latest rounds of tariffs, targeting goods traded with China, Mexico, and Canada first. These policies have created a common view for investors that leans on inflation coming back and domestic business demand falling off a cliff.

Nucor Corp (NYSE: NUE) is pushing up this morning after the United States announced its first batch of tariffs against China, Mexico, and even its lifelong ally, Canada. Over the weekend, President Donald Trump raised tariffs by 10% on all imports from China and about 25% each on Mexico and Canada.

The initial reaction to Trump tariffs 2.0: Good for domestic producers of steel, bad for domestic users of steel.

Calgary, Alberta--(Newsfile Corp. - January 31, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company") is pleased to announce the closing of the second tranche of the non-brokered private placement. CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENT The Company is pleased to announce it has closed the second tranche of its non-brokered private placement offering of 866,665 units in the capital of the Company (the "Units") at a price of $0.30 per Unit for gross proceeds of up to $260,000 (the "Offering").

Nucor's shares have underperformed due to declining steel prices, but recent Q4 results provided a 4% boost, making it a good time to revisit the stock. Despite a challenging year with lower pricing and volumes, Nucor maintained strong cash generation and balance sheet strength, supporting continued capital deployment and dividends. Potential trade policies under the new Trump Administration could benefit Nucor, with medium-term EPS projected at $12.75-$13.25, making shares attractive at less than 10x earnings.