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Don't shoot your eye out.

Publication: Metal Center News
Publication Date: 01-NOV-04 		Format: Online - approximately 566 words
Delivery: Immediate Online Access
Full Article Title: Don't shoot your eye out.(From the Editor)(Editorial)

Article Excerpt
With the Thanksgiving holiday nearly upon us, and third-quarter financials in hand, it appears that Christmas has come early to the steel industry. I envision CFOs throughout North America awaiting their year-end profit results with a Ralphie Parker-like glee.

Never before in history have steel producers and their distributors experienced such a dramatic run-up in prices. Never before have profits so far exceeded expectations.

Consider recent reports from major steel companies: At $415.4 million, Nucor's net income for the third quarter exceeded its previous...

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