1.48%QQQQ 33.61 4.33%XLF 17.25 
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CHARLOTTE, N.C. - Steel manufacturer Nucor Corp. said Friday it has promoted Rex Query to the new position of president of Nucor Europe, effective June 1.
| NUE | 34.2 |  -5.09 |
Query will be based at Nucor Europe's offices in Switzerland.
Query, 42, joined Nucor in 1990 and has been a company vice president since 2002. He has been general manager of Nucor's sheet mill in Decatur, Ala., since July 2003. Nucor makes steel products, primarily in the U.S. and Canada.
Nucor shares rose 68 cents to $82.08 in morning trading, after hitting a new 12-month high of $83.10 earlier in the session.
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