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NuScale, Nucor sign MoU to explore use of SMR reactors in steel mills

May 16, 2023 9:25 AM ETNuScale Power Corporation (SMR) StockNUEBy: Carl Surran, SA News Editor9 Comments
Model of atom and elementary particles. Physics concept. 3D rendered illustration.

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NuScale Power (NYSE:SMR) +2.4% pre-market Tuesday after signing a memorandum of understanding with Nucor (NUE) to explore the use of small modular nuclear reactors to power Nucor's electric arc furnace steel mills.

The companies also will explore an expanded manufacturing partnership through

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