Steel Mills
October 23, 2014
Nucor Exceeds Guidance in 3rd Quarter
Written by Sandy Williams
Nucor beat guidance forecasts with earnings of $245 million for the third quarter of 2014, up from $147 million in both Q2 2013 and Q3 2013. Consolidated net sales increased 8 percent to $5.70 billion.
Strong third quarter earnings were attributed to improved performance in sheet steel, structural, bar, and plate steel that was partially offset by higher than expected losses in the raw materials segment.
