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Fly News Breaks for August 17, 2017
NUE
Aug 17, 2017 | 05:23 EDT
KeyBanc analyst Philip Gibbs downgraded Nucor to Sector Weight citing spread and volume pressures. Following his firm's "Sheet on the Street" distributor survey for Q3, the analyst sees a "more muted" sheet supply-demand backdrop in the second half of 2017 and higher scrap costs.
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