fredpui

Nucor Steel - is it a buy ?

Long
NYSE:NUE   Nucor Corporation
I would say YES BUY ... here are the reasons

1) steel will benefit greatly in the housing boom
2) steel will benefit from Biden\s Infra spend in highways, railways, structures etc


Nucor touched on the MA100 line and move swiftly up. Nice consistent volume on the rise.

But how is it compared to MT ?

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