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We believe the American steel industry is still on the front end of megatrends
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2023 Q4
25 Feb 24
We also see strength in health care, education and warehousing
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2023 Q4
25 Feb 24
Looking beyond 2024, several steel-intensive megatrends are only in the early stages.
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2023 Q4
25 Feb 24
Nucor expects the federal programs that support these megatrends to add somewhere between 5 million to 8 million tons of incremental annual demand for steel over the next several years.
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2023 Q4
25 Feb 24
We're starting to see some increased activity in certain markets like bridge and highway, semiconductor chip plants, EV factories and renewable energy.
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2023 Q4
25 Feb 24
Looking ahead, 2024 appears to have a more stable outlook than may have been expected just a few months ago, with a reasonable probability of seeing the much discussed soft landing.
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2023 Q4
25 Feb 24
Warehouse starts are expected to decline again in 2024
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2023 Q4
25 Feb 24
For instance, adoption rates for electric vehicles are tracking lower than some have predicted and several offshore wind projects have been canceled or delayed due to supply chain challenges as well as higher costs.
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2023 Q4
25 Feb 24
we see strength in advanced manufacturing and data centers supported by IRA and CHIPS, infrastructure supported by the IIJA
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2023 Q4
25 Feb 24
Some of the strongest growth is coming from the sharp rise in advanced manufacturing and infrastructure investment
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2023 Q4
25 Feb 24
Non-res construction is our largest end market, and it has proven to be incredibly resilient.
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2023 Q4
25 Feb 24
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