A worker sprays water on molten steel at a Nucor mill in Cofield, in northeastern North Carolina. Charlotte-based Nucor Corp., the largest U.S. steelmaker, cut its forecast for first-quarter earnings and blamed a surge in foreign imports for a drop in prices.
A worker sprays water on molten steel at a Nucor mill in Cofield, in northeastern North Carolina. Charlotte-based Nucor Corp., the largest U.S. steelmaker, cut its forecast for first-quarter earnings and blamed a surge in foreign imports for a drop in prices. JOHN D. SIMMONS Observer file photo
A worker sprays water on molten steel at a Nucor mill in Cofield, in northeastern North Carolina. Charlotte-based Nucor Corp., the largest U.S. steelmaker, cut its forecast for first-quarter earnings and blamed a surge in foreign imports for a drop in prices. JOHN D. SIMMONS Observer file photo

Nucor cuts profit forecast after surge in steel imports

March 19, 2015 05:31 PM