US steelmaker Nucor Corporation reported strong first-quarter 2026 earnings, supported by record steel mill shipments and stronger pricing.
Q1 2026 Highlights
- Net earnings: $743 million
- Net sales: $9.50 billion
- Steel mill shipments: 7.03 million tons (quarterly record)
- Mill utilization: 86%
Average selling prices rose:
- +3% vs Q4 2025
- +12% vs Q1 2025
CEO Leon Topalian said strong demand, recent capital investments, and trade policies reducing unfair imports supported results.
Nucor expects higher earnings in Q2 2026, citing stable volumes and stronger pricing momentum.
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