Nucor expects earnings to fall

Dec 17, 2013 | 04:24 PM | Samuel Frizell

Tags  Steel, Nucor, fourth-quarter guidance, sheet steel, bar and structural, direct-reduced iron, Samuel Frizell

NEW YORK — Nucor Corp. expects its fourth-quarter earnings to be lower than a year earlier due to weaker raw materials and bar and structural performance, as well as several one-time miscellaneous charges, despite a strong sheet steel performance.

Charlotte, N.C.-based Nucor expects to generate fourth-quarter earnings of between 35 and 40 cents per diluted share, down from 46 cents in the third quarter and 43 cents in the fourth quarter of 2012.....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events