U.S. Steel Producers Expect Imports to Pummel First-Quarter Results

SUGAR LAND--March 23, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Citing a surge in steel imports and a drop in prices, three U.S. steel producers said last week they expect first-quarter 2015 earnings to drop from those of fourth-quarter 2014. Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina), Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana) and AK Steel (NYSE:AKS) (West Chester, Ohio) each released their first-quarter earnings guidance last week.

Within this article: Earnings expectations by Nucor, Steel Dynamics and AK Steel, with details on Nucor's new steel facility in Louisiana.