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[Ferro-Alloys.com] July 18, 2019 -- Nucor Corporation (NYSE: NUE) today announced consolidated net earnings of $386.5 million, or $1.26 per diluted share, for the second quarter of 2019. By comparison, Nucor reported consolidated net earnings of $501.8 million, or $1.63 per diluted share, for the first quarter of 2019 and $683.2 million, or $2.13 per diluted share, for the second quarter of 2018.

Traditional slabs suppliers are trying to keep prices firm for the Asian market, having sold large quantities for August production. Meanwhile, suppliers from alternative destinations were ready to offer much lower tags and thus spurred customer interest.

National coal supply and demand managed to stay balanced in the first half of 2019, although situations differ from region to region, Zhang Hong, deputy secretary-general of the China National Coal Association, told a media conference.

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• [Editor:kangmingfei]