27
Jan
20:27
Nucor predicts strong 2022 after posting record year
As it posted record fourth quarter and full year 2021 results, Nucor says demand from its end use markets remains strong. Even as it is expecting decreasing profitability from its sheet mills, the US steelmaker is predicting another strong year for 2022.
First quarter earnings are expected to decline within its steel mill segment, but margin expansion and increasing profitability are expected within the steel products segment. Improving profitability at its direc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous