--
Related Articles
Research
Research Alert: Nucor Posts Strong Q1, Beats On Revenue And Eps
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Nucor reported Q1 2026 adjusted EPS of $3.23, significantly above $0.77 prior year and beating consensus by $0.41, with revenues of $9.50B exceeding estimates by 7.1%. Steel mills posted record quarterly shipments of 7.0M tons with segment earnings more than doubling sequentially to $1.128B as external pricing improved to $1,074 per ton (+14% Y/Y) and utilization climbed to 86%. We believe operational execution remains strong across segments, with steel products earnings rising 24% sequentially and broad-based volume recovery evident. Management guided for higher Q2 earnings across all segments on price improvement and stable to growing volumes. With capex declining 18% sequentially to $661M and $2.48B in cash, Nucor returned $250M to shareholders with $3.97B remaining under buyback authorization. We expect accelerating free cash flow generation will support enhanced shareholder returns, though valuation ultimately depends on pricing power persistence amid upcoming industry capacity additions in 2027.
$NUE
Asia
Minerals 260 Reports About AU$250 Million Cash, Term Deposits at March-Quarter-End
Minerals 260 (ASX:MI6) reported about AU$250 million in cash and term deposits at March 31, according to a Tuesday Australian bourse filing.The company said its pre-feasibility study and maiden ore reserve for the Bullabulling gold project remain on track for release in July, with seven drill rigs currently on site, and a mineral resource estimate update planned for release in August.The company's shares fell 1% in recent Tuesday trade.
$ASX:MI6
Asia
Market Chatter: Nippon Shokubai to Boost China Output of EV Battery Electrolyte Fivefold by 2027
Japanese chemical firm Nippon Shokubai (TYO:4114) intends to significantly boost its production capacity in China for an electrolyte that prolongs the lifespan of lithium-ion batteries used in EVs and energy storage systems, Nikkei Asia reported Tuesday.A Chinese affiliate, in which Nippon Shokubai owns a 38% stake, will expand a Hunan province facility to raise annual output from 2,400 metric tons to 12,400 tons in fiscal 2027, without additional investment from the Japanese parent, the publication said.The electrolyte, LiFSI, extends battery life by 1.6 times compared to the conventional LiPF6, reduces charging time, and improves low-temperature performance, though mass production is needed to lower its currently higher cost, the news daily said.Demand for electrolytes in China is shifting, with storage batteries now accounting for 30-40% of sales, up from roughly 20% previousl, as renewable energy expands, while domestic Chinese producers are gaining market share, the report said.Despite U.S. EV demand slowdown delaying a North American plant, Nippon Shokubai remains committed to battery materials, aiming to boost total capacity tenfold by 2030 with the China expansion as a key step, it added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
$TYO:4114