Report
Andrew Lane
EUR 100.00 For Business Accounts Only

A gradual contraction in metal margins will drive lower profits for Nucor over the long term.

We've lifted our near-term profit outlook for Nucor after the company reported encouraging first-quarter results. Nucor is a key beneficiary of the Trump administration's steel tariff program, which should support even wider metal margins in the coming months relative to those observed in the first quarter. First-quarter profits for the company's flagship steelmaking operations were largely in line with our expectations, but we've raised our 2018 profitability outlook, as steel prices continue t...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lane

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