March 18, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Following a rough 2024, top U.S. producers of steel products are seeing stronger demand on the horizon. Executives at Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) and other companies expect improved business and are driving the bulk of maintenance programs set to begin across the U.S. Metals & Minerals Industry in the coming months.
Industrial Info is tracking more than 110 maintenance-related projects across the industry that are set to kick off in the second quarter of 2025, with steel-manufacturing plants accounting for nearly half of the total investment value. Nucor accounts for more second-quarter maintenance projects than any other company, with 11 separate shutdowns set to kick off in the coming months.
Other companies featured: Cleveland-Cliffs Incorporated (NYSE:CLF) and Steel Dynamics Incorporated (NASDAQ:STLD).
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