15
Dec
20:26
Nucor anticipates lower Q4 earnings
US steel producer Nucor expects its earnings to be down sequentially in the fourth quarter as a result of declining product margins, Kallanish understands.
Nucor indicates that its steel mill segment earnings are expected to be "considerably lower" during the fourth quarter, with the company citing lowered sales prices, margins, and volumes as reasons for the projected decline in revenues. The company expects its Q4 earnings to be in the range …
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Anonymous
Very good overview of the weekly steel market.
Anonymous