Nucor volatility at low end of historic range Nucor September and October call option implied volatility is at 19, January is at 18; compared to its 26-week average of 21 according to Track Data, suggesting decreasing price movement.
News For NUE From The Last 14 Days
Check below for free stories on NUE the last two weeks.
ArcelorMittal, Gerdau sell Gallatin Steel facility for $770M ArcelorMittal (MT) and Gerdau (GGB) jointly announced that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel to Nucor (NUE) for a total cash consideration of $770M, subject to customary closing adjustments. Completion of the sale is subject to customary closing conditions, including expiration of the Hart Scott Rodino Antitrust Improvements Act waiting period. The closing of the transaction is not subject to any financing conditions and is expected to be realized by the end of 2014. Reference Link