Nucor sees 2Q profit, predicts 3Q dip: "(By Celeste Smith, cesmith@charlotteobserver.com) Charlotte-based Nucor, the largest U.S. steelmaker, reported an increase Thursday in its second-quarter earnings as demand improved in the automotive, heavy equipment and manufacturing industries.
But the company predicts a third-quarter downturn, as competition from domestic and overseas steel suppliers drives prices down."