It's reported that Nucor posted net earnings of US$84.8 million for the first quarter of 2013, lower than US$145.1 million in the same period of a year ago and US$136.9 million in the fourth quarter of 2012. In the first quarter of this year, Nucor realized consolidated net sales of US&$4.55 billion, falling by 10% year on year but rising by 2% quarter on quarter. Meanwhile, the average sales prices dropped by 7% year on year and decreased by 2% quarter on quarter in the given period of time. Besides, its operating rates dropped to 72% in the first quarter of this year, in comparison of 79% in the same quarter of 2012 and 71% in the fourth quarter of 2012.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64038&division=A6
