Steel Mills
September 14, 2018
Nucor Expects Higher Earnings for Q3
Written by Sandy Williams
Nucor is expecting earnings to improve from second to third quarter at its sheet and plate mills, despite weather-related outages at some locations. Lower sequential earnings are forecast at its steel products segment.
Decreased performance at Nucor’s scrap brokerage and processing operations and at the Louisiana DRI facility will result in lower earnings for the raw materials segment. Nucor’s Louisiana DRI facility experienced outages for much of the third quarter.
