10 Best Steel Stocks to Buy Right Now

2. Nucor Corporation (NYSE:NUE)

On February 20, 2026, Reuters reported that Nucor Corporation (NYSE:NUE) chose insider Jack Sullivan as chief financial officer, effective March 1. Sullivan is succeeding Steve Laxton, who was appointed president and chief operating officer at the beginning of the year. Sullivan currently serves as the vice president and treasurer in charge of investor relations. He joined the firm in 2022 as general manager of investor relations.

On January 28, 2026, UBS analyst Andrew Jones reduced Nucor Corporation (NYSE:NUE) to Neutral from Buy while raising his price objective to $183 from $168.

On January 27, 2026, Reuters reported that Nucor Corporation (NYSE:NUE)’s fourth-quarter earnings per share were $1.73, failing the $1.91 projection. The revenue climbed 9% to $7.69 billion but fell short of the $7.87 billion consensus, sending shares down 3.4% in after-hours trade.

Nucor Corporation (NYSE:NUE) manufactures steel products, as well as ferrous and nonferrous materials. It operates in three segments: steel mills, steel products, and raw materials.