‘Encouraging’ signs on horizon: Nucor

Apr 18, 2013 | 05:43 PM | Samuel Frizell

Tags  Nucor, steel market outlook, John Ferriola, steel sheet, steel long products, rebar, steel imports, overcapacity Samuel Frizell

NEW YORK — Nucor Corp.’s disappointing first-quarter earnings reflected an overall weakness in the steel sheet market that will likely last into 2013, but improving demand for long products could make up for it, chief executive officer and president John Ferriola told investors on a conference call.

"We see 2013 to be slightly better in terms of volume and pricing in all of our products with the exception of sheet," Ferriola said. ....





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