Nucor Corporation (NUE)
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Company Profile
Nucor Corporation manufactures and sells steel and steel products The companys Steel Mills segment produces hotrolled coldrolled and galvanized sheet steel products plate steel products wideflange beams beam blanks and Hpiling and sheet piling products and bar steel products such as blooms billets concrete reinforcing and merchant bars and special bar quality products It also engages in the steel trading and rebar distribution businesses This segment sells its products to steel service centers fabricators and manufacturers in the United States Canada and Mexico Its Steel Products segment offers hollow structural section steel tubing products electrical conduits steel racking steel joists and joist girders steel decks fabricated concrete reinforcing steel products cold finished steel products steel fasteners metal building systems insulated metal panels steel grating and expanded metal products and wire and wire mesh products primarily for use in nonresidential construction applications This segment also engages in the piling distribution business The companys Raw Materials segment produces direct reduced iron DRI brokers ferrous and nonferrous metals pig iron hot briquetted iron and DRI supplies ferroalloys and processes ferrous and nonferrous scrap metal as well as engages in the natural gas drilling operations This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process and nonferrous scrap metal to aluminum can producers secondary aluminum smelters steel mills and other processors and consumers of various nonferrous metals It serves agriculture automotive construction energy and transmission oil and gas heavy equipment infrastructure and transportation industries through its inhouse sales force and internal distribution and trading companies Nucor Corporation was incorporated in 1958 and is based in Charlotte North Carolina