Nucor Corporation’s (NUE) shares have tumbled 23.9% in the past six months, underperforming the Zacks Steel Producers industry’s decline of 17.4%. The bearishness reflects the choppiness in the steel space underpinned by the significant pullback in U.S. steel prices, which has led to a downward revision in NUE’s earnings estimates.NUE is currently trading at a roughly 26% discount to its 52-week high of $203 reached on April 9, 2024. Given the pullback in Nucor’s shares, investors might be tempted to snap u ...