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30 Jan
21:59

Nucor comments on long product outlook for 2020

Nucor has provided insight for long product growth in 2020, Kallanish reports. In an earnings conference on 29 January, Nucor expressed its optimism for the long product market moving forward, citing a strong construction market, an increase in order rates, and an increase in backlogs compared to this time last year. The company detailed an investment plan of $3.5 billion in 2020, which will be spent on equipment and technology that will increase capacity in anti…
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