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22 Apr
13:34

Nucor hits record, expects another in Q2

Nucor hit a quarterly earnings record during the first quarter - and it expects to beat that record again in Q2, Kallanish understands. Nucor posted Q1 earnings of $942.4 million on sales of $7 billion in Q1, up from earnings of $20.3m on sales of $5.6 billion in Q1 2020.  "The first quarter of 2021 was the most profitable quarter in our company's history. We are clearly reaping the rewards from our prior investments and the more strategic approache…
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