Steel Sector Mixed Following Nucor EPS Guidance

On Tuesday, Nucor Corporation NUE announced fourth-quarter earnings guidance. The company sees Q4 EPS of $0.50-0.55 vs. the estimated $0.65. Shares were down 1.35 percent.

Following the announcement steel stocks are mixed Tuesday morning:

United States Steel Corporation X +2.9 percent
Steel Dynamics, Inc. STLD -1.4 percent
Timkensteel Corp TMST -0.61 percent