21
Apr
19:46
Nucor achieves record profitability in Q1
US steel producer Nucor experienced its most profitable first quarter in company history, Kallanish learns from its latest performance results.
Nucor earned $2.2 billion on sales of $10.5 billion in the first quarter ending 2 April, up from last year's first quarter earnings of $988 million on sales of $7 billion. Despite increased profitability, the company's steel mill shipments fell by 11% on-year to 5.8m in Q1 2022. In a breakdown by category, shipment…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous