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New Headwinds For Nucor, But Still Some Value

2015-02-04 19:43:56| Steel - Topix.net

Non-residential construction looks set for a better 2015, and represents more than 50% of Nucor's shipments, but oil prices and the strength of the dollar are potential headwinds. Nucor's efforts to control input costs add to the quality of the stock, and the shares seem undervalued today, but significant revisions to estimates are not at all uncommon.

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