**Q3 Financial Performance**: Nucor reported EBITDA of $869 million and adjusted earnings of $1.49 per share for Q3 2024, excluding non-cash pretax charges of $123 million, which included impairments in the raw materials and steel products segments. Year-to-date adjusted earnings total approximately $1.8 billion or $7.66 per share.
**Segment Performance**: The steel mills segment's pretax earnings decreased by approximately 50% sequentially to $309 million due to lower realized pricing, particularly in sheet mills. The steel products segment's adjusted pretax earnings were $354 million, reflecting a 20% decline from the previous quarter, driven by lower volumes and pricing, while the raw materials segment realized pretax earnings of approximately $17 million.
**Future Capital Investments**: Nucor anticipates around $3.2 billion in capital expenditures for the full year, funded by strong cash flow from operations, which amounted to $1.3 billion in Q3. Significant projects like the melt shop in Arizona and a rebar micro mill in North Carolina are set to commence operations, driving future growth.