Nucor Company Description
Nucor continues to electrify the steel industry with a simple concept: The minimill is mighty. At its various minimills, Nucor produces about 20 million tons of steel annually, including hot- and cold-rolled steel, steel joists, and metal buildings. A major recycler of scrap metal, Nucor produces steel by melting scrap in electric arc furnaces. Most of its products are sold to steel service centers, manufacturers, and fabricators. Divisions such as Vulcraft -- one of the US's largest producers of steel joists, girders, and decking -- use the balance of the steel. The company has added greatly to its operations through acquisitions since 2006, including spending $1.1 billion to buy The David J. Joseph Company.
View the Comprehensive Company Description for Nucor
The Company Description provides a historical perspective of Nucor's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Nucor's evolution in the marketplace.
