Steelmaker Nucor Evaluates Capital Projects as It Cuts Planned Spending

SUGAR LAND--April 29, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Like other companies, Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) is taking some hits from the COVID-19 pandemic, but executives at the company seem relatively upbeat about the future. In all the U.S. regions where Nucor operates, its operations have been deemed essential services, allowing the company to continue supplying steel to undertakings such as military and hospital construction.