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Home › Nucor profit up 66% on strong demand for steel

 

Nucor profit up 66% on strong demand for steel

2014-10-23 18:47:18| Steel - Topix.net

Nucor Corp. said its third-quarter earnings rose 66% on stronger demand for the steelmaker's products, particularly from improving energy and automotive markets. Nucor, which is based in Charlotte, N.C., and operates scrap-based plants known as minimills, recently completed its $770 million purchase of Midwestern steel mill Gallatin Steel Company.

Tags: strong demand profit steel

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