Nucor
Nucor is North America's largest recycler and a leading manufacturer of steel and steel products. The company operates a highly decentralized, circular production model utilizing electric arc furnaces (EAF) to convert scrap metal into a wide range of value-added steel products. Its core value proposition centers on being a low-cost, highly efficient producer with a significantly lower greenhouse gas intensity compared to traditional blast furnace steelmakers.
Financials
Based on Q1 2026 · FQ2 FY2026 filing
Revenue
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Steel Mills
primaryThe largest business segment, focused on the production of sheet, bar, structural, and plate steel using scrap-based electric arc furnace technology. It serves steel service centers, fabricators, and manufacturers across North America.
AEOS, ECONIQ, ELCYON, Special Bar Quality (SBQ) steel, Wide-flange beams, H-piling, Sheet piling
Steel service centers, Fabricators, Automotive manufacturers, Appliance manufacturers
Steel Products
majorManufactures downstream value-added products primarily for the nonresidential construction and infrastructure markets. This segment leverages internal steel supply to produce specialized components like joists, decking, and engineered buildings.
Vulcraft joists, Verco steel decking, C.H.I. Overhead Doors, Rytec high-performance doors, CENTRIA insulated metal panels, Metl-Span insulated metal panels, Nucor Building Systems
Construction companies, Warehouse operators, Data center developers, Utility companies, Renewable energy developers
Raw Materials
moderateFocuses on securing a reliable supply of scrap and scrap substitutes for the company's steelmaking operations. It includes scrap recycling, brokerage, direct reduced iron (DRI) production, and natural gas operations.
Direct Reduced Iron (DRI), Ferrous and non-ferrous scrap, Pig iron, Ferro-alloys, Industrial gases
Internal steel mills, Foundries, Aluminum can producers, Secondary aluminum smelters
Segment Financials
Steel Mills — Cost of Goods Sold
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View metricOther Steel Products — Revenue
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Competitive Position
Nucor is the leading domestic provider of structural steel and merchant bar, maintaining the strongest credit rating in the North American steel sector.
Geographies
United States, Canada, Mexico, Trinidad
Customer Segments
Nonresidential construction, Automotive, Energy infrastructure, Transportation
Upstream Dependencies
Scrap metal suppliers, Iron ore providers, Natural gas utilities, Electricity providers
Downstream Customers
Nonresidential construction firms, Automotive OEMs, Infrastructure developers, Steel service centers
Competitors & Partners
Competitors
Partners
Exxon Mobil
XOM
Carbon capture and sequestration partner in Louisiana
Electra
Investment and partnership for carbon-free iron refining
Subsidiaries
The David J. Joseph Company
Scrap brokerage and recycling subsidiary
California Steel Industries, Inc.
51% owned sheet mill subsidiary
C.H.I. Overhead Doors, LLC
Manufacturer of residential and commercial overhead doors
Rytec Corporation
Manufacturer of high-speed commercial doors
Skyline Steel LLC
Steel foundation distributor and manufacturer
Steel Technologies LLC
Sheet processing joint venture (50% owned via NuMit LLC)
Nucor FAQ
Common questions about Nucor
Nucor is North America's largest recycler and a leading manufacturer of steel and steel products. The company operates a highly decentralized, circular production model utilizing electric arc furnaces (EAF) to convert scrap metal into a wide range of value-added steel products. Its core value proposition centers on being a low-cost, highly efficient producer with a significantly lower greenhouse gas intensity compared to traditional blast furnace steelmakers.
Nucor (NUE) has a market capitalization of $52.3B and trades on NYSE.
Nucor generated $34.2B in trailing twelve-month revenue with net income of $2.3B, representing a net margin of 6.8%. Gross margin stands at 14.0%, with free cash flow of $532.0M. These figures are based on the Q1 2026 filing.
Nucor's key competitors include Steel Dynamics, Inc., Cleveland-Cliffs Inc., CRH Public Limited Company, and others. These companies compete in similar markets and product categories.
Nucor has approximately 32,000 employees.