Backlogs And Future DemandLooking into 2026, the company sees current backlogs materially higher than the same time last year due to strong momentum in construction-adjacent segments such as energy, infrastructure data centers, and manufacturing.
Financial PerformanceNucor reported Q3'25 EPS that beat the mid-September guidance, as well as Bloomberg, Visible Alpha, and BofAe estimates.
Trade ProtectionsThe 50% tariffs on steel imports continue to protect the domestic steel industry, allowing local producers like Nucor to capture increased market share.