'U.S. Steelmakers Warn Of Lower Profits As Manufacturers Slow Factories; Nucor And Steel Dynamics Forecast Drop In Third-Quarter Earnings, Citing Weaker Demand And Shaky Prices' - WSJ
'U.S. Steelmakers Warn Of Lower Profits As Manufacturers Slow Factories; Nucor And Steel Dynamics Forecast Drop In Third-Quarter Earnings, Citing Weaker Demand And Shaky Prices' - WSJ
U.S. steelmakers projected lower quarterly profits, as automotive companies and equipment manufacturers dial down production.
美国钢铁生产商预计季度利润下降,因为汽车公司和设备制造商减少了生产。
Charlotte, N.C.-based Nucor said Tuesday that lower demand for steel in a weakening manufacturing sector and falling sales of its steel construction materials would result in about an 80% decline in third-quarter profit, including one-time charges, from the same quarter last year. Indiana-based Steel Dynamics late Monday forecast lower quarterly profit as well, describing earnings from its steel business as being "meaningfully lower" from the prior quarter because of weak demand and lower steel prices.
总部位于北卡罗来纳州夏洛特的纽柯钢铁周二表示,制造业-半导体需求减少和其钢铁建筑材料销量下降将导致第三季度利润约80%的下降,包括一次性费用,与去年同期相比。总部位于印第安纳州的steel dynamics周一晚些时候也预测利润下降,描述其钢铁业务的收益"显著下降",因为需求疲软和钢铁价格降低。