NUE Stock - Nucor Corp.

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Nucor Corporation, founded in 1958 and headquartered in Charlotte, North Carolina, is a prominent manufacturer and distributor of steel and steel products across North America. The company operates through several segments that encompass a wide range of steel-related activities. Its Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel, along with plate steel and various types of bar steel products, serving steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. Nucor also engages in steel trading, rebar distribution, and steel fabrication services.

In addition to its steel manufacturing capabilities, Nucor's Steel Products segment offers an extensive array of products essential for nonresidential construction applications. This includes hollow structural sections, electrical conduits, steel racking systems, joists, decks, concrete reinforcing steel, and a variety of other specialty products like cold finished steel and metal building systems. The company's product line is further complemented by steel fasteners, wire mesh, and expanded metal products, supporting a diverse range of industries including agriculture, automotive, energy, infrastructure, and transportation.

Nucor's Raw Materials segment plays a crucial role in its integrated steel manufacturing process by producing direct reduced iron (DRI), brokering ferrous and nonferrous metals, and processing scrap metal. This segment supplies raw materials to Nucor's own steel mills and external customers, enhancing operational efficiency and ensuring a reliable supply chain. With a robust internal sales force and strategic distribution capabilities, Nucor Corporation remains committed to delivering high-quality steel products and innovative solutions that meet the evolving needs of its customers and industries worldwide.

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