Nucor (NUE) says that steel products margin compression from higher steel input costs should ease as the year progresses, as realised pricing catches up
Context
Nucor's commentary suggests that while margins have been pressured by rising input costs, there's an expectation that realised pricing will improve, which could bolster profitability as the year advances. This outlook is significant as it indicates potential resilience in the steel sector, positively impacting related equities and commodity prices.
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