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U.S. Steelmakers Report Solid Results as Trump Launches Imports Probe

metals_minerals

Industry Segment: Metals & Minerals | Word Count: 753 Words

SUGAR LAND--April 21, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The future of U.S. steel manufacturers looked sunnier as President Donald Trump directed his administration on Thursday to investigate whether imports of foreign steel pose a risk to national security. Nucor Corporation (NYSE:NUE) (Charlotte, North Carolina) and Steel Dynamics Incorporated (NASDAQ:STLD) (Fort Wayne, Indiana), each reported solid first-quarter 2017 earnings on Thursday. Industrial Info is tracking $846.8 million in projects involving Nucor and $168.5 million in projects involving Steel Dynamics


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