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28 Jan
18:10

Nucor posts Q4 loss, escapes 2015 in black

Nucor’s bottom line slipped into the red in the fourth quarter because of impairment charges, but the company turned a $357.66 million profit for the year, Kallanish learns from a company earnings statement. Nucor lost a total of $62.02m on sales of $3.46 billion in Q4, down from a profit of $210.43m on sales of $5 billion in Q4 2014. The quarter contained a $153m impairment charge tied to the company’s joint venture in Italy with Duferco and an $84.…
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