Nucor, Steel Dynamics fall amid weak Q4 earnings forecast

Nucor

17/12/2025 13:45

Updates

** Shares of steel manufacturer Nucor NUE.N fall nearly 2.4% to $158.4 and Steel Dynamics STLD.O down 2.1% to $166.5, premarket

** NUE expects Q4 earnings to decrease across all three operating segments compared with 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

** Co 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

** STLD expects Q4 steel operations profitability to be lower than Q3 on lower volumes due to seasonal demand and planned maintenance outages at co's flat rolled steel mills

** Sees Q4 earnings to be in the range of $1.65 to $1.69 per diluted share

** As of last close, NUE up 39%, STLD up 48.3%, YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))