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Nucor Announces 66% Profit Rise on Energy Boom

2014-10-24 10:08:47| Steel - Topix.net

Nucor Corp., posted a 66% increase in profits because of rising demand for steel used in the energy and nonresidential construction sectors. The Charlotte-based firm reported a profit of $245.4 million, or 76 cents a share, up from $147.6 million, or 46 cents a share, a year earlier.

Tags: energy rise profit boom

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