Nucor Has Strong Fourth Quarter

Nucor reported fourth quarter earnings of $170.5 million, compared to 147.6 million in Q3 and $136.9 million in fourth quarter 2012. Full year consolidated net earnings for 2013 were $488.0 million, compared with net earnings of $504.6 million for 2012. Earnings for the year were impacted by charges associated with the dome collapse at Nucor Louisiana.

Consolidated net sales for the fourth quarter were down 1 percent to $4.89 billion in Q4 compared to Q3 but were up 10 percent compared to Q4 2012. A total of 6.0 million tons were shipped to customers in the fourth quarter, down 2 percent sequentially but up 10 percent year-over year.