Nucor Corporation reported consolidated net income of $607 million for the third quarter of 2025, compared to consolidated net income of $603 million for the second quarter of 2025 and $250 million for the third quarter of 2024.
Consolidated Net Sales Nucor increased 1 percent to $8.52 million in the third quarter of 2025 compared to $8.456 million in the second quarter
The company said average selling price per ton in the third quarter of 2025 increased 1 percent compared to the second quarter of 2025 and increased 5 percent compared to the third quarter of 2024.
In total, approximately 6,196,000 tons were shipped to third-party customers in the third quarter of 2025, compared to Nucor, a decrease of 1 percent in the second quarter of 2025 and an increase of 9 percent compared to the third quarter of 2024. Total steel mill shipments in the third quarter of 2025 were comparable to the second quarter of 2025 and increased 12 percent compared to the third quarter of 2024.
The steel mill's shipments to domestic customers accounted for 23 percent of the steel mill's total shipments in the third quarter of 2025, compared to 22 percent in the second quarter of 2025 and 19 percent in the third quarter. 2024, Nucor said.
For Overall, earnings growth in the fourth quarter of 2025 will be lower than in the third quarter of 2025. In the steel mills segment, the expected decline is primarily due to a decrease in overall volumes, as well as a decrease in average selling prices at sheet rolling mills. In the steel products segment, the expected decline is mainly due to lower volumes. In the raw materials segment, the expected decline is driven by lower selling prices as well as planned downtime at our direct reduced iron operations.
“We continue to execute on Nucor's strategy to grow our core steel production capabilities while expanding our downstream steel-adjacent businesses,” said Leon Topalian, Nucor's chairman, president and chief executive officer. “In the third quarter, we began ramping up production at two recently completed long steel projects, advanced our sheet steel and coatings projects, and began pole production at our Alabama Towers & Structures facility. Throughout the period of capital expenditures, Nucor continues to have the strongest balance sheet of any major steel producer in North America and has returned nearly
