Nucor is building through the cycle with named capacity additions (West Virginia sheet mill, NTS expansion, South Carolina galvanizing) while start-up costs are declining; as these facilities ramp to target utilization, incremental volume should convert to earnings without proportionate new drag.
the thesis · admitted · the reason above is the thesis, not printed twice
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedthree sentences · whole, uncut
the claims it rests on · in our words, not the filing’s