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UPDATE 1-U.S. steelmaker Nucor posts higher quarterly profit
2014-10-23 18:47:19| Steel - Topix.net
Nucor Corp, the No. 1 U.S. steelmaker, posted a higher quarterly profit on Thursday as the growing U.S. economy fueled demand for its products from the auto, construction, and oil and gas industries.
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Quarterly earnings up 59% for steelmaker
2014-10-21 10:52:42| Steel - Topix.net
Steel Dynamics Inc. on Monday reported third-quarter earnings of $91.2 million, or 38 cents per diluted share, a 59 percent jump from the $57.5 million, or 25 cents a share, posted for the same three months of 2013.
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This Steelmaker Is Improving Due to Economic Progress
2014-09-29 23:52:06| Steel - Topix.net
Nucor announced healthy results for the second quarter due to increased shipment and higher prices. The company shipped nearly 6.37 million tons during the second quarter, an increase of approximately 9% year over year.
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Nucor: More Upside In Store For This Steelmaker
2014-09-28 16:06:56| Steel - Topix.net
Improving steel demand has been a tailwind for Nucor . The company has gained robust momentum in the past three months, with its shares gaining around 10%.
Brazil Steelmaker Gerdau Sinks 1.5%
2014-09-11 20:53:15| Steel - Topix.net
But Citi Research Thursday reiterated a thumbs up for Gerdau relative to other Brazil steel producers. Analysts Alexander Hacking and Thiago Ojea write: Gerdau's U.S. business is heading in the right direction based on improved non-residential construction .
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