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Bull Trader USA

Citi downgrades Nucor, says infrastructure news is already priced in

Bundles of steel from Nucor Corp. sit for sale to at Thompson Building Materials in Lomita, California, U.S., on Thursday, Aug. 30, 2012.

Patrick Fallon | Bloomberg | Getty Images

It’s too late for investors to get big returns from Nucor ahead of major infrastructure spending in the U.S., according to Citi.

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