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Steelmaker Nucor profits dips from year ago

April 19 | Thu Apr 19, 2012 9:14am EDT

April 19 (Reuters) - Steelmaker Nucor Corp posted a drop in first-quarter profit on Thursday, but said shipments in March exceeded its previous expectations.

Net earnings were $145.1 million, or 46 cents per share, compared with $159.8 million, or 50 cents per share, in the same quarter last year, the Charlotte, North Carolina-based company said.

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