Nucor upbeat on Turkish rebar trade case
Jul 25, 2014 | 02:09 PM
| Michael Cowden
CHICAGO Nucor Corp. is more optimistic about the prospects for higher margins against rebar from Turkey following a positive ruling involving South Korean oil country tubular goods (OCTG), the companys top executive said.
"Were working with the Commerce Department to better understand the facts of the (Turkish) case. ... And given that, we feel confident that weve got a good shot at a final order thats more favorable than the preliminary," Nucor Corp. chairman, president and chief executive officer John J. Ferriola said during an earnings conference call with analysts July 24.....
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