Nucor had a mediocre quarter as its earnings dropped compared to the previous two quarters due to reduced shipping volumes and metal margin contraction, particularly at the company’s plate and sheet mills. However, the company delivered an all-around beat, largely driven by a strong performance for its Steel Products Segment. It introduces the first sustainable steel product, Elcyon, engineered particularly for Offshore Wind Energy Applications. The startup and construction of the company’s Nuco ....
31 Jan 2023
Nucor Corp: Launch Of Elcyon & Other Developments, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)
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Nucor Corp: Launch Of Elcyon & Other Developments, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (01/23)
- Published:
31 Jan 2023 -
Author:
Ishan Majumdar -
Pages:
27
Nucor had a mediocre quarter as its earnings dropped compared to the previous two quarters due to reduced shipping volumes and metal margin contraction, particularly at the company’s plate and sheet mills. However, the company delivered an all-around beat, largely driven by a strong performance for its Steel Products Segment. It introduces the first sustainable steel product, Elcyon, engineered particularly for Offshore Wind Energy Applications. The startup and construction of the company’s Nuco ....