Nucor

Nucor Invites You to Join Its First Quarter of 2024 Conference Call on the Web

Retrieved on: 
Tuesday, April 9, 2024

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com .

Key Points: 
  • If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com .
  • Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico.
  • Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
  • Nucor is North America's largest recycler.

Electra Launches Pilot Plant to Advance Commercialization of Sustainable Clean Iron Production

Retrieved on: 
Wednesday, March 27, 2024

Electra , a clean iron company, today announced the commissioning of its Pilot plant in Boulder, Colorado.

Key Points: 
  • Electra , a clean iron company, today announced the commissioning of its Pilot plant in Boulder, Colorado.
  • The Pilot is designed to produce clean iron in approximately 1-meter square plates, and we are increasing capacity in a phased approach to validate modularity.
  • By repeatedly connecting the iron plates already demonstrated at the Pilot scale, the plant capacity is increased to millions of tonnes of iron production at the commercial scale.
  • BHP, a leading seaborne iron ore supplier to the steel industry and an Electra investor, supplied the iron ores for this Pilot.

Tomorrow drives Mercedes-Benz: Full commitment to sustainable business strategy goes far beyond products

Retrieved on: 
Wednesday, March 20, 2024

Driven by tomorrow and a clear focus on the entire value chain, Mercedes‑Benz firmly embeds sustainability considerations in the daily business.

Key Points: 
  • Driven by tomorrow and a clear focus on the entire value chain, Mercedes‑Benz firmly embeds sustainability considerations in the daily business.
  • Therefore, Mercedes-Benz drives a Just Transition as an integral part of its sustainable business strategy with a focus on people, human rights, as well as its policy engagement.
  • Sustainable finance is a core aspect of the Mercedes-Benz sustainable business strategy.
  • The basis for this is the sustainable business strategy of the Mercedes‑Benz Group.

Nucor Signs Agreement with Mercedes-Benz To Supply Econiq™-RE

Retrieved on: 
Wednesday, March 20, 2024

About Nucor Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron/direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

Key Points: 
  • CHARLOTTE, N.C., March 20, 2024 /PRNewswire/ -- Today, Nucor Corporation (NYSE: NUE) announced that it has signed an agreement with Mercedes-Benz to supply Econiq™-RE for Mercedes-Benz models produced at their Tuscaloosa, AL manufacturing plant.
  • Since its inception in 2022, Econiq™ has led the global steel industry in certifying low-embodied carbon materials.
  • "Nucor is grateful for the opportunity to partner with Mercedes-Benz as a strategic supplier of lower-embodied carbon steel, which will reduce carbon emissions throughout their supply chain," said Dan Needham, EVP of Commercial.
  • In 2023, Nucor announced Net-Zero science-based greenhouse gas (GHG) targets for 2050 and used an average of nearly 80 percent recycled scrap through the company's circular production process.

Google, Microsoft, and Nucor announce a new initiative to aggregate demand to scale the adoption of advanced clean electricity technologies

Retrieved on: 
Tuesday, March 19, 2024

CHARLOTTE, N.C., March 19, 2024 /PRNewswire/ -- Google LLC, Microsoft Corporation, and Nucor Corporation today announced they will work together across the electricity ecosystem to develop new business models and aggregate their demand for advanced clean electricity technologies. These models will be designed to accelerate the development of first-of-a-kind (FOAK) and early commercial projects, including advanced nuclear, next-generation geothermal, clean hydrogen, long-duration energy storage (LDES) and others. As a first step, the companies will issue an RFI in several US regions for potential projects in need of offtake, and encourage technology providers, developers, investors, utilities and others interested in responding to get in touch here.

Key Points: 
  • CHARLOTTE, N.C., March 19, 2024 /PRNewswire/ -- Google LLC, Microsoft Corporation, and Nucor Corporation today announced they will work together across the electricity ecosystem to develop new business models and aggregate their demand for advanced clean electricity technologies.
  • These models will be designed to accelerate the development of first-of-a-kind (FOAK) and early commercial projects, including advanced nuclear, next-generation geothermal, clean hydrogen, long-duration energy storage (LDES) and others.
  • According to the International Energy Agency (IEA), firm, dispatchable clean electricity technologies and advanced energy storage systems are needed to cost-effectively decarbonize grids and help the world meet its growing electricity demand with carbon-free energy sources.
  • Yet, these advanced clean electricity technologies face challenges, in part because the novelty and risk of early projects make it difficult to secure the financing they need.

Nucor Announces Guidance for the First Quarter of 2024 Earnings

Retrieved on: 
Thursday, March 14, 2024

About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

Key Points: 
  • CHARLOTTE, N.C., March 14, 2024 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) today announced guidance for its first quarter ending March 30, 2024.
  • Nucor expects first quarter earnings to be in the range of $3.55 to $3.65 per diluted share.
  • Nucor reported net earnings of $3.16 per diluted share in the fourth quarter of 2023 and $4.45 per diluted share in the first quarter of 2023.
  • Earnings in the steel products segment are expected to decrease in the first quarter of 2024 due to lower average selling prices and decreased volumes.

Global AI Arms Race Accelerates with Cutting-Edge Tech and Strategic Investments

Retrieved on: 
Monday, February 12, 2024

VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- USA News Group  - The world is undergoing a massive AI revolution, that according to analysts at McKinsey Global Institute could add the equivalent of up to $4.4 trillion annually in value in the near future. With such immense potential on the line, an AI arms race is underway, several firms are establishing their positions by developing and acquiring new tech, including Avant Technologies Inc. (OTCQB:AVAI), C3.ai, Inc. (NYSE:AI), Snowflake Inc. (NYSE:SNOW), Apple Inc. (NASDAQ:AAPL), and even asset management firm Blackstone Inc. (NYSE:BX).

Key Points: 
  • Along the important road towards this new technological integration, businesses trying to use AI in their products are facing big challenges.
  • These challenges are mostly because of the high costs of computing power and a global shortage of data storage expected by 2025.
  • Avant is dedicated to advancing AI technology and is creating a specialized computing environment specifically designed for AI applications.
  • "In this new AI era, generative AI and large language models will reshape how we live, work and do business."

Global AI Arms Race Accelerates with Cutting-Edge Tech and Strategic Investments

Retrieved on: 
Monday, February 12, 2024

VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- USA News Group  - The world is undergoing a massive AI revolution, that according to analysts at McKinsey Global Institute could add the equivalent of up to $4.4 trillion annually in value in the near future. With such immense potential on the line, an AI arms race is underway, several firms are establishing their positions by developing and acquiring new tech, including Avant Technologies Inc. (OTCQB:AVAI), C3.ai, Inc. (NYSE:AI), Snowflake Inc. (NYSE:SNOW), Apple Inc. (NASDAQ:AAPL), and even asset management firm Blackstone Inc. (NYSE:BX).

Key Points: 
  • Along the important road towards this new technological integration, businesses trying to use AI in their products are facing big challenges.
  • These challenges are mostly because of the high costs of computing power and a global shortage of data storage expected by 2025.
  • Avant is dedicated to advancing AI technology and is creating a specialized computing environment specifically designed for AI applications.
  • "In this new AI era, generative AI and large language models will reshape how we live, work and do business."

Nucor Invites You to Join Its Fourth Quarter of 2023 Conference Call on the Web

Retrieved on: 
Monday, January 29, 2024

If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com .

Key Points: 
  • If you are unable to participate during the live webcast, the archived call will be available at http://www.nucor.com .
  • Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico.
  • Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
  • Nucor is North America's largest recycler.

NaaS Technology Included in the Investment Portfolio of Carbon Collective Climate Change Solutions ETF (CCSO.O)

Retrieved on: 
Friday, January 26, 2024

BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O).

Key Points: 
  • BEIJING, Jan. 26, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that it has been included in the most recent investment portfolio of the Carbon Collective Climate Change Solutions ETF (CCSO.O).
  • Headquartered in San Francisco, the Carbon Collective is an online investment company that concentrates on climate change-related investment.
  • Carbon Collective Climate Solutions U.S. Equity ETF, launched by Carbon Collective, is a diversified, US-focused all-cap fund that heavily invests in companies in green utility, waste management, biofuel, carbon capture and sequestration, water utilities, and plant-based diet areas.
  • In addition to the Carbon Collective Climate Solutions U.S. Equity ETF, NaaS is also held by the Invesco WilderHill Clean Energy ETF (PBW.P) and the HANetf Electric Vehicle Charging Infrastructure UCITS ETF (ELEC.L), both of which are well-recognized funds focusing on environmental issues.