Steel Mills
April 20, 2017
Nucor Reports Earnings of $356.9 Million
Written by John Packard
With consolidated sales of $4.82 billion which is a 30 percent increase over 1Q 2016 and net earnings of $356.9 million it was a good 1st Quarter 2017 for the company. The company reported that the second quarter earnings should exceed that of 1st Quarter.
The overall operating rates at the Nucor steel mills was 89 percent compared to 74 percent in 4th Quarter 2016 and 80 percent during the 1st Quarter 2016.
