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Nucor in position for record year.

Publication: Metal Center News
Publication Date: 01-JUN-04
Format: Online - approximately 652 words
Delivery: Immediate Online Access
Full Article Title: Nucor in position for record year.(Metal Industry News)(Nucor Corp.)

Article Excerpt
With an 18 percent increase in shipments and record earnings per share already under its belt for the first quarter, Nucor Corp. may be in position to experience its best year ever in 2004.

"For the past three years, our earnings have been severely penalized by weakness in the nonresidential construction and manufacturing sectors and by short-term costs of our long term growth initiatives" said Dan DiMicco, Nucor vice chairman, president and CEO during the steelmaker's annual stockholders meeting May 13. "Looking at the trend at this time, however, 2004 has the chance to be a...

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