Tag: tsunami
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Nucor rides ‘tsunami of earnings power,’ citing data center buildouts
Dive Brief: Nucor Corp., the largest steel manufacturer and scrap recycler in North America, saw steel mill shipments surge during the third quarter compared to last year, driven in part by increased data center construction. The Charlotte, North Carolina-based company reported Q3 steel mill earnings of $793 million, down 6% from the previous quarter and…