Nucor swung to a profit in fourth-quarter 2016. Earnings and sales for the quarter topped the respective Zacks Consensus Estimate. However, Nucor saw a decline in operating performance in its Steel Mills segment in the fourth quarter compared with the previous quarter, hurt by lower margins with the most significant impact was witnessed at the company's sheet mills. The performance of Nucor's Raw Materials segment in the fourth quarter also declined compared to the third due to lower pricing at its direct reduced iron ("DRI") facilities.