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What Nucor’s Guidance Tells Us about the Steel Industry’s Health

What Nucor’s Guidance Tells Us about the Steel Industry’s Health

On June 14, Nucor (NUE) provided its second-quarter earnings guidance. While Nucor typically provides quantitative guidance 15 days before its earnings release, AK Steel (AKS) gives broad qualitative guidance during its earnings calls. This year, U.S. Steel broke from its usual practice and updated its guidance between earnings calls.