Nucor Corporation is a U.S.-based multinational corporation operating in the industrial sector, with a primary focus on steel production and related metallurgical products. The current corporate structure traces its origins to Ken Iverson and the original executive team, driven by the restructuring of traditional steel operations and innovation in more efficient and sustainable steel manufacturing processes.
The company’s product and service portfolio includes hot-rolled and cold-rolled steel, structural steel shapes, steel bars, sheets, recycled steel products, machining services, and integrated solutions for the industrial metals supply chain. It also participates in technological development projects aimed at carbon-reduction processes and optimization of scrap metal recycling.
Its market presence is primarily U.S.-based, with industrial operations across multiple states, including North Carolina, Texas, Arkansas, and Indiana, and commercial exposure in selected countries in the Americas and Asia through exports and industrial partnerships.
Market factors influencing operations include construction and manufacturing demand cycles, global steel and scrap prices, competition with international producers, import tariff policies, environmental regulations, and investments in low-carbon steel production technologies.
Corporate scale is represented by tens of thousands of employees, over 25 manufacturing facilities, and distribution centers in the United States, serving large industrial clients, regional distributors, and corporate markets.
The operational structure comprises integrated steel mills, rolling plants, scrap recycling units, R&D centers, and commercial subsidiaries. The corporate headquarters is located in Charlotte, North Carolina, with divisions focused on flat steel, long products, and recycling operations.
Its operating model combines industrial production, scrap recycling, process engineering, national logistics, and multichannel commercialization. Strategic initiatives include optimization of production processes, investments in sustainable technologies, and expansion of market presence within the United States.
The company’s trading ticker is NUE, listed on Nasdaq.
History and Foundation
The company was founded in 1940 in the United States under the name Nuclear Corporation of America, initially aimed at producing metallic components. Restructuring and the transition to Nucor occurred in 1955, driven by opportunities for innovation in steel processes and the growth of the recycled steel industry.
Early challenges included modernizing outdated plants, accessing electric arc furnace technology, and establishing competitive industrial capacity. Relevant early achievements included the development of electric arc furnaces and the consolidation of efficient rolling processes.
Expansion and growth were marked by acquisitions of regional steel mills, development of new rolled steel products, increased scrap recycling capacity, and entry into adjacent markets such as machining services and structural steel products.
Key historical milestones include the initial public offering (IPO) in 1972, strategic acquisitions of steel facilities, introduction of innovative product lines, and expansion of scrap recycling operations.
Between 2020 and 2024, the company executed investments in carbon-emission reduction technologies, operational restructuring, expansion of production capacity, development of high-performance steel products, and adaptation to fluctuations in global steel and scrap prices. Environmental regulatory changes and increased demand for recycled steel influenced operational strategies and portfolio management during the period.
Additional Information
The Company Nucor Corp. (United States), is listed on NYSE with a market value of $ 37.54 Billions, having an equity of $ 21.93 Billions.
With a total of 26.800 employees, the company is listed in the sector of Basic Materials and categorized in industry of Iron and Steel.
In the last 12 months the Company had a revenue of $ 31.88 Billions, which generated a profit in the amount of $ 1.65 Billion.
As for its main indicators, the Company has a P/E ratio of 22.71, a P/BV ratio of 1.71 and in the last 12 months the dividend yield of NUE was at 1.35%.
The Company is traded internationally through the ticker NUE.