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21 Oct
18:09

Nucor reports strong results on robust demand, backlogs

Nucor anticipates continuing robust demand across its end-use markets well into 2022. With backlog levels at historic highs, the US steelmaker foresees its strong performance continuing through the remainder of the year. In its third quarter financial results, Nucor reports record earnings of $2.13 billion on sales of $10.31 billion. Net earnings rose 41% from Q2 and are up considerably from Q3 2020 earnings of $193.4 million. Q3 sales show a 17% sequential rise a…
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