#nucor

#nucor

Nucor ( ) has delivered strong returns since President Trump imposed tariffs on imported steel last year. The stock has climbed 16% year-to-date in 2026 and gained 41% over the past 12 months, outperforming broader market indices amid protected domestic pricing. Higher tariffs - reaching up to 50% - shielded U.S. producers from cheap foreign imports, boosting revenues for companies like Nucor. However, reports indicate Trump is now considering scaling back these measures.

Warren Buffett's Berkshire Hathaway ( )( ) has long viewed Nucor ( ) as a cornerstone of value investing. The Oracle of Omaha first scooped up shares in the 1990s, drawn to Nucor's innovative electric arc furnace technology that revolutionized low-cost steel production. Over decades, this stake has symbolized Buffett's faith in resilient, cash-generating industrial giants. Nucor, America's largest steel producer, has rewarded that patience with consistent dividends and market-beating returns, even through commodity cycles.