23
Oct
17:17
Nucor looks to sweeten product mix to combat low prices
Nucor is resisting commodity steel price erosion by filling its mills with higher margin, value-added products, Kallanish learns from ceo John Ferriola.
On a quarterly earnings conference call with analysts on 22 October, Ferriola said the company’s strategy has been to sacrifice some total shipment volume for premium products that command a higher price.
“The higher quality products, although they are more profitable, do tend to run slower on our…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous