Nucor Corporation (NUE) NYSE

226.50

-6.355(-2.73%)

Updated at May 15 02:12PM

Currency In USD

Nucor Corporation

Address

1915 Rexford Road

Charlotte, NC 28211

United States of America (the)

Phone

704 366 7000

Sector

Basic Materials

Industry

Steel

Employees

32700

First IPO Date

March 17, 1980

Key Executives

NameTitlePayYear Born
Leon J. TopalianChairman of the Board & CEO4.05M1968
David A. SumoskiExecutive Vice President2.21M1967
Daniel R. NeedhamExecutive Vice President of Commercial2.44M1966
K. Rex QueryExecutive Vice President of Strategy2.51M1966
John L. SullivanChief Financial Officer, Treasurer & Executive Vice President2.55M1974
D. Chad UtermarkExecutive Vice President of New Markets & Innovation2.56M1969
Allen C. BehrExecutive Vice President of Raw Materials2.61M1975
Stephen D. LaxtonPresident & COO2.84M1971
Benjamin PickettExecutive Vice President of Business Services01983
Chris JacobiDirector of Investor Relations0N/A
Douglas R. WilnerPresident of Corporate Legal Affairs & General Counsel0N/A
Elizabeth BledsoePresident of Human Resources & Talent01973

Description

Nucor Corporation manufactures and sells steel and steel products. The company's Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling 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 company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; 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 in-house sales force; and internal distribution and trading companies. Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina.