Nucor earnings rise as sheet steel prices improve

Reuters

Oct 17 (Reuters) - Steelmaker Nucor Corp reported arise in quarterly profit on Thursday and said better prices forsheet steel had boosted financial results at its mills.

Earnings for the third quarter rose to $147.6 million, or 46cents a share, from $110.3 million, or 35 cents a share, a yearearlier. Net sales rose 3 percent to $4.94 billion.

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