[SMM Steel] Nucor posts record shipments in Q1 on strong demand and project ramp-up

Published: May 4, 2026 17:43

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[SMM Steel] Nucor Corporation reported record quarterly steel shipments of 7.4 mln short tons in Q1 2026, up 8.7% YoY, marking the highest level in its history. Orders also reached 4.7 mln short tons, the strongest since Q2 2021. The performance reflects solid mill execution and contributions from new capacity, alongside strong demand from data centers and the energy sector. Nucor expects full-year shipments to grow by over 5%, supported by favorable demand conditions and ongoing trade protection measures.

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