🔴 Nucor is trading 5.5% down in pre-market amid broad steel-sector pressure as Chinese steel inventories rose 2.1%

Nucor is trading at $256.98 (-5.52%) after broad selling across global steel producers.

• The SLX steel ETF is down 1.09%, while multiple Latin American steelmakers are declining.
• Chinese steel inventories increased 2.1% during July 31–August 6, reinforcing oversupply and industrial-demand concerns.
• Nucor’s July 27 earnings beat and stronger outlook were positive; no new company-specific negative announcement was identified for August 7, 2026.