Nucor posts higher profit; steel glut may be easing

Article Abstract:

Nucor Corp. of the United States posted a soaring 20 percent increase in fourth quarter earnings to $408.2 million from $341 million last year. Revenues increased by eight percent to $3.47 billion from $3.21 billion. The glut in the United States steel market is easing and prices for steel are increasing.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Nucor Corp., Company overview, Financial report

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World steel prices gain steam, fueled by economic growth

Article Abstract:

Demand in the global steel industry is up, driven by commercial builders and the aerospace industry. Steel price is also up with the possibility of increased costs of raw-materials for manufacturers. Buyers may be stockpiling their supplies of steel.

United States, Europe, Financial management, Asia, Finance, International aspects, Company financing

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