Nucor Corporation: How Will The Increased Infrastructure Spending Influence Their Growth Trajectory? 

In the first quarter of 2024, Nucor Corporation reported substantial financial growth and expanded investment in strategic, high-growth sectors. The company’s EBITDA was approximately $1.5 billion and net earnings stood at $845 million or $3.46 per diluted share. A slight increase in shipments was observed with a total of 6.2 million tons shipped to customers. Nucor’s average steel mill pricing per ton increased by nearly 10% compared to the previous quarter and slightly surpassed the average for the entire year of 2023. The company also returned over $1.1 billion to shareholders through dividend payments and share repurchases.