The company said, “Earnings in the third quarter of 2025 are expected to decrease across all three of our operating segments as compared to the second quarter of 2025. The expected decrease in the steel mills segment earnings is primarily due to lower volumes coupled with margin compression. In the steel products segment, earnings are expected to decrease due to higher average costs per ton on stable average realized pricing and volumes. The raw materials segment is expected to have lower earnings in the third quarter of 2025 due to lower profitability in our scrap processing operations.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUE:
- Nucor price target raised to $165 from $150 at BofA
- Commercial Metals price target raised to $70 from $60 at BofA
- Cleveland-Cliffs price target raised to $12.50 from $9.50 at BofA
- Strategic Growth and Resilience: Nucor’s Multi-Year Investment and Diversification Drive a Buy Rating
- Steel Stocks Slip despite Commerce Dept’s Decision on $2.9B CORE Imports