January 31, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) is planning to spend $3.5 billion this year as it focuses on a number of high-profile growth projects, executives with the steelmaking company said Tuesday. In comparison, Nucor's capital expenditures (capex) for 2023 totaled $2.2 billion.