UPDATE 3-Nucor earnings fall, sees Q2 below expectations

Newswire

(Adds CEO quote from conference call; updates stock) NEW YORK, April 24 (Reuters) - Nucor Corp. , the largest U.S. steel producer, said on Thursday first-quarter earnings fell slightly because of a weak economy and higher costs for raw materials and energy. Nucor, which raised its dividend 5 percent, also said second-quarter earnings would be well below analyst expectations. Chief Executive Dan DiMicco said in a conference call that softer flat-rolled steel prices will be one of the ...

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