Charlotte, North Carolina-based steelmaker Nucor expects its first quarter net earnings to be down sequentially and on-year, Kallanish gathers from the company's guidance. Nucor previously earned $1.3 billion on sales of $8.7 billion in the fourth quarter of last year, securing the company's second consecutive year of record-breaking annual profitability.
Nucor anticipates that profitability of both its steel mills and product segments will remain strong&n…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.