25
Apr
16:01
Nucor aims for bigger slice of shrinking auto
Nucor expects to increase its market share in automotive despite the overall contraction of the market, executives say.
During the company’s first-quarter conference call, ceo John Ferriola told analysts he expects light vehicle units produced to be closer to 16.8-16.9 million in 2019 as opposed to 17.2 in 2018.
“But the good news is we continue to grow our market share in the shrinking markets,” he says. “We have a larger piece of a s…
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Anonymous
Very good overview of the weekly steel market.
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