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BRIEF-Nucor Q1 earnings per share $1.11

April 20 Nucor Corp

* Nucor reports results for first quarter of 2017

* Q1 earnings per share $1.11

* Q1 sales $4.82 billion versus i/b/e/s view $4.54 billion

* Q1 earnings per share view $0.75 -- Thomson Reuters I/B/E/S

* Nucor - total tons shipped to outside customers were 6,584,000 tons in q1 of 2017, a 13% increase from q4 of 2016 and a 7% increase from q1 of 2016

* Nucor corp- average sales price per ton in q1 of 2017 increased 8% compared to q4 of 2016 and increased 21% from q1 of 2016

* Nucor corp- performance of steel mills segment is expected to improve in q2 of 2017 as compared to q1 of 2017 as metal margins are expected to expand

* Nucor corp- also expect intercompany profit eliminations to have a smaller relative impact in q2 of 2017

* Nucor corp- performance of raw materials segment expected to improve in q2 2017 compared to q1 2017 due to improved profitability of dri facilities

* Nucor corp - average scrap and scrap substitute cost per ton used during q1 of 2017 was $284, an increase of 20% from $236 in q4 of 2016 Source text for Eikon: Further company coverage:

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