Steel Mills
Nucor sees sequentially lower Q3 profits across all three business segments
Written by Ethan Bernard
September 17, 2025
Nucor’s third-quarter earnings will be down quarter-over-quarter, but still higher than a year earlier.
The Charlotte, N.C.-based steelmaker anticipates lower sequential earnings across all three of its operating segments.
The company reported Q3’25 earnings guidance on Wednesday to be in the range of $2.05 to $2.15 per diluted share. That’s down from $2.60 in Q2’25 but up from $1.05 in the same year-ago period.
For the steel mills segment, Nucor cited lower volumes coupled with margin compression as the main drivers of lower profits.
“Higher average costs per ton on stable average realized pricing and volumes” impacted the steel products segment, the company said in a statement.
Finally, the raw materials segment is expected to have lower earnings due to decreased profitability in its scrap processing operations.
Nucor will release its Q3’25 earnings after markets close on Monday, Oct. 27. An earnings conference call is scheduled for the next day.
Ethan Bernard
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