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Story summary
- Nucor Corp. reported Q3 earnings of $5.80 per share, topping the $5.77 Bloomberg estimate.
- Net sales reached $11.2 billion, exceeding the $10.8 billion forecast.
- Higher U.S. steel prices, driven by President Donald Trump’s tariffs, lifted Nucor’s profits.
- Hot-rolled coil rose to $1,292 a short ton, the highest level since May 2022.
- Shares were little changed in post-market trading on Monday.
