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16 Mar
16:06

Nucor projects solid earnings for Q1

US steelmaker Nucor expects its first quarter earnings to be more than double its Q4 showing, largely as a result of improved market conditions for sheet and plate. Nucor expects to earn $1.10-1.15/diluted share in the quarter ending 1 April, compared with earnings of $0.50/share in Q4, Kallanish understands. “The expected improvement in earnings in the first quarter of 2017 compared to the fourth quarter of 2016 is primarily due to the performance of o…
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