Nucor falls amid weak Q4 earnings forecast

Nucor

17/12/2025 12:52

** Shares of steel manufacturer Nucor NUE.N fall nearly 2.6% to about $158 premarket

** NUE expects Q4 earnings to decrease across all three operating segments compared to Q3 2025, hurt by seasonal effects and fewer shipping days in Nucor's fiscal quarter

** Steel mills and steel products segments are expected to decline due to lower volumes, margin compression and higher average costs per ton - NUE

** Adds raw materials segment projected to see lower earnings, due to two scheduled outages at its DRI facilities

** Sees Q4 earnings to be in the range of $1.65 to $1.75 per diluted share

** As of last close, shares up 39% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))