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But I think that finds its own level fairly quickly.

Production ramp-up continues, and output is receiving strong support from independent fabricators in the region. So on the construction -- on our construction product side, we're actually up this year.Second quarter earnings of $0.36 per diluted share exceeded our guidance range of $0.10 to $0.15 per diluted share. It was just such a wide gap this quarter.As Leon has already indicated, we have decided to reaccelerate investments in each of them. And so it's a strange combination of more supply, but more demand and you say you're taking market share and the dynamics also taking market share. This is Jim Frias. And so a little early to tell, but we'll have more color on that in clarity as we move into the quarter.And Leon, the comments that you made on infrastructure, specifically in your prepared remarks, is that something that you're advocating as a good idea just because, obviously, it would benefit the steel industry? Earnings were better than we anticipated, due to our diversified product mix and strong position in non-res construction markets. At this time, I'd like to turn the call back over to Mr. Leon Topalian for any additional or closing remarks.Okay. Nucor Corp. is considering a $300 million expansion of its Berkeley County steel operations as part of a multi-billion dollar capital spending plan company-wide over the coming two years.

Just wondered, if you could comment on the '21 picture. Our domestic infrastructure needs have been neglected for too long. And then to energy, some of our bigger customers in the tube space that make products at our sheet mills to serve the energy markets, they think by the end of the year, they're going to see pickups as well. "This is great news for Berkeley County," said councilman Josh Whitley, chairman of the finance committee. So again, a significant amount of the steel that we sell gets to go to businesses that we own, and that's a key component. All right, thanks, appreciate it.That's very clear. During the quarter, we were pleased to receive two awards from General Motors, for the second consecutive year Nucor has earned GM Supplier of the Year Award, we remain the only EAF based steelmaker to receive this prestigious award. And as we look at it, yes, the flat side of our business, particularly the hot band, has probably been impacted along with the engineered bar for the oil and gas segment. "Nucor Corp. is considering a $300 million expansion of its Berkeley County steel operations as part of a multi-billion dollar capital spending plan company-wide over the coming two years.Get up-to-the-minute news sent straight to your device.Scattered thunderstorms during the evening, with mostly cloudy skies after midnight. And so but even as we think about the sheet side, our value-added product in the cold-rolled and galv are at 80% or better in most of our plants and some running near capacity.

And then -- but specifically from a supply demand perspective.

And then finally, we are going to get a tax benefit that depends partly on how much money we make, but the full potential is $350 million this year because of the accelerated depreciation we're getting on projects that will start up this year. Kankakee's expansion is targeted to benefit from significant logistical advantages, allowing Nucor to provide our customers with a full range of MBQ, light shapes and structural angle and channel out of one location in the heart of the attractive Midwestern market.With the advent of the coronavirus pandemic with particular severity in Northern Italy and some further changes in regional market dynamics, it's become clear to us that the investment was worth substantially less than its carrying value on our balance sheet.
And when we make less money, we have less profit sharing and less incentive comp.

And finally, I want to offer our thoughts and prayers and sympathy for those who have lost loved ones or who currently have someone fighting this terrible disease.Finally, underlying demand going into this crisis was robust. Okay, thanks. As we see America reopen for business, we believe that demand is still there and it will return quickly in most end-use markets. For example, working capital reductions generated cash flows of about $1.2 billion in 2015 and approximately $620 million in 2009.
Congratulations to all of our teammates, who are successfully executing our strategy to grow our share in the automotive market.We said we wanted to reduce the inventory significantly and we thought it could be up to $1 billion.

And then the second question is, the timeline in the previous presentation showed the Gallatin expansion mid-2021.

"Under the agreement, Nucor's property tax rate would be reduced to 6 percent from the standard 10.5 percent industrial rate. But I don't want to belabor it. So we should look at that as basically a deferral? But the remarks, it just sounded to me like they indicated that the projects for 2020 start-up are actually basically still on pace to happen. But I would tell you is, when we went into early March and shared on the call in April.