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31 Jan
18:56

Nucor anticipates solid demand, pricing

US steel producer Nucor sees relatively smooth sailing ahead in 2017, Kallanish learns from the company’s year-end earnings review. “We believe full year 2017 profitability could significantly exceed the level achieved for 2016,” the company says. “Prices began to increase during the fourth quarter for our steel mills segment and we expect that trend to continue into the first quarter of 2017. We expect improved volume in the first quarte…
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