24
Oct
20:57
Nucor foresees lower sales, selling prices in Q4
Nucor expects its fourth-quarter sales to be sequentially below its previous quarterly sales due to lower selling prices, Kallanish learns from the Charlotte, North Carolina-based steel producer's earnings report on Tuesday.
Nucor's volumes and profitability have weakened over this past year. The company says it earned $1.14 billion on net sales totalling $8.78 billion during the third quarter of this year, below last year's Q3 earnings of $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous