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18 Sep
01:00

Nucor expects improved operating performance, stronger earnings in Q3

US long products specialist Nucor expects an improved operating performance across its steel operations and stronger earnings in the third quarter of 2014, the company says in its latest guidance seen by Kallanish. This is in spite of a Q3 14 operating loss at its new direct reduced iron (DRI) plant in Louisiana. Overall operating performance at its steel mills for Q3 14 is expected to be much improved compared to the Q2 14, as the company expects increased …
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