Nucor third quarter earnings down 70 percent despite record output

摘要

Nucor, whose third quarter net earnings were off 70 percent from the same period a year ago, is on track to produce more than 12m short tons this year - up from a record 11.4m tons last year - despite weak market conditions.In the first nine months of this year, the Charlotte, North Carolina based company produced 9.3m tons, an 8 percent increase over 8.65m tons in the same 2000 period.