Steelmaker Nucor's profit falls 24 pct as prices drop

July 18 Thu Jul 18, 2013 9:15am EDT

July 18 (Reuters) - Steelmaker Nucor Corp reported a 24 percent fall in second-quarter profit due to a decline in selling prices.

Net profit fell to $85.1 million, or 27 cents per share, from $112.3 million, or 35 cents per share, a year earlier.

Sales fell nearly 9 percent to $4.67 billion.

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