16
Mar
20:01
Nucor projects lower earnings in Q1
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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…
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Zach Johnson
USA
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Very good overview of the weekly steel market.
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