Nucor Corporation (NUE) has announced its guidance for the second quarter of 2024. The company expects earnings between $2.20 per share and$2.30 per share. This compares unfavorably with $3.46 in the first quarter of 2024 and$5.81 in the second quarter of 2023. The primary factor behind the anticipated decrease is reduced earnings in the steel mills segment, mainly due to lower average selling prices and, to a lesser extent, lower volumes. The steel products segment is also expected to see decreased earni ...