Nucor (NUE) expects to be "marginally above breakeven" in Q4, vs. consensus of $1.46. "The...

|About: Nucor Corporation (NUE)|By:, SA News Editor
Nucor (NUE) expects to be "marginally above breakeven" in Q4, vs. consensus of $1.46. "The economic crisis has caused not only end use demand for steel to decline, but many customers have been reducing inventories due to liquidity concerns." Sees Q4 shipments down 40% from Q3. Shares -7.7%. (PR)