SOURCE: Industrial Info Resources

Industrial Info Resources

January 31, 2011 05:40 ET

Costs Hammer Away at Nucor's Fourth-Quarter 2010 Earnings as Outlook for 2011 Improves, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 31, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading steel product manufacturer Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) reported a net loss for fourth-quarter 2010 that was largely due to higher costs and expenses, although production and sales improved when compared to the same period in 2009.

Industrial Info is tracking 32 active Nucor projects in the U.S. that are worth more than $4.3 billion, including a $25 million equipment upgrade at the Huger Berkeley Steel Mill in Huger, South Carolina. For more information, visit Industrial Info's North American Metals & Minerals Project Database.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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