Canadian National Railway Company (NYSE:CNI) Q4 2025 Earnings call January 30, 2026 08:30 AM ET Company ParticipantsGhislain Houle - CFOJanet Drysdale - Chief Commercial OfficerPatrick Whitehead - COOStacy Alderson - Head of Investor RelationsTracy Robinson - CEONone - Video NarratorConference Call ParticipantsBenoit Poirier - AnalystBrian Ossenbeck - AnalystCherilyn Radbourne - AnalystChris Wetherbee - AnalystDavid Vernon - AnalystFadi Chamoun - AnalystJonathan Chappell - AnalystKen Hoexter - AnalystKevin ...

On a segment basis, Nucor’s steel mill segment generated $516 million of pretax earnings , down roughly 35% from the prior quarter. Laxton attributed the decline to an 8% drop in shipment volumes due to seasonal effects, fewer shipping days in the fiscal fourth quarter, and planned and unplanned outages. Pricing was mixed: average realized pricing improved in bar and structural products, but those gains were more than offset by lower sheet and plate pricing, which management said reflected lagging sheet pri ...