manufacturing and highway and street. This bodes well for companies that supply these sectors such as aggregates producers Martin Marietta (MLM) and [TICKER:VMC] Vulcan Materials (VMC) and steel producer [TICKER: NUE ] Nucor ( NUE ).
0.15 per share in mid-March, Nucor reported $0.21 per share for the ..... we were disappointed to see that Nucor booked a $44 million loss ($0 ..... running at an 85% operating rate. Nucor pegs its DRI transfer prices to pig
April 23 (Reuters) - Nucor Corp, the No. 1 U.S. steelmaker by market value, reported a 39 percent drop in quarterly profit, hurt by lower selling prices.
With Steel Dynamics now trading roughly in line with our fair value estimate, we think Nucor exhibits a more attractive return profile, particularly now that Nucor trades at a lower forward EV/EBITDA multiple on our 2016 numbers.
Bloomberg, it appears that Nucor has restarted the flow ..... the company refers to as Nucor Steel Louisiana, suffered operating ..... share, in 2014. Although Nucor will probably report additional ..... second DRI module at the Nucor Steel Louisiana site in the
S. Steel from $36 per share. From both a thematic and a company-specific perspective, we reiterate our view that Nucor offers the most attractive risk-adjusted return potential in the U.S. steelmaking space.
On March 19, Nucor issued first-quarter guidance for earnings ..... roughly 30%. Effectively, this means that Nucor , which already faced lower average selling ..... second quarter. The market commentary Nucor provided in its guidance release was consistent
change our $62 fair value estimate for Nucor , as the impact of lower average selling ..... Over the medium term, we expect Nucor to drive margin expansion via increased ..... ramps up its Louisiana DRI facility. Nucor 's use of low-cost DRI that it produces
Low-cost, lightly leveraged Nucor NUE offers the best risk-adjusted return ..... steelmakers under our coverage (AK Steel, Nucor , Steel Dynamics, and U.S. Steel) have ..... growth expectations have soured. Nucor Is Our Top Pick in the Steelmaking
showed signs of softening. Share prices for AK Steel, Nucor , Steel Dynamics, and U.S. Steel have been pressured in ..... stabilization of steel spot prices. The shares of AK Steel, Nucor , Steel Dynamics, and U.S. Steel rallied 10.1%, 3