19
Apr
20:49
Nucor posts strong first-quarter profit, predicts stronger Q2
US steel producer Nucor anticipates a robust 2018 based upon its first-quarter earnings, Kallanish understands.
Nucor generated a profit of $354.2 million on sales of $5.57 billion in Q1, slightly down from a profit of $356.9m on sales of $5.05 billion in Q1 2017.
"Our 2017 earnings were Nucor's highest annual earnings since the cyclical peak year of 2008,” says ceo John Ferriola. “The positive momentum has clearly carried over into 2018,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous