Nucor NUE Steel Mills — Cost of Goods Sold

Other segment segments

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Questions, answered.

What is Nucor's steel mills — cost of goods sold?

Nucor (NUE) reported steel mills — cost of goods sold of $6.32B in Q1 2026.

How has Nucor's steel mills — cost of goods sold changed year-over-year?

Nucor's steel mills — cost of goods sold increased by 10.1% year-over-year, from $5.74B to $6.32B.

What is the long-term trend for Nucor's steel mills — cost of goods sold?

Over 3 years (2022 to 2025), Nucor's steel mills — cost of goods sold has grown at a -0.3% compound annual growth rate (CAGR), from $22.76B to $22.58B.

What does steel mills — cost of goods sold mean?

This reflects the direct costs associated with producing steel products, including raw materials, labor, and manufacturing overhead within the steel mills segment. It is a critical measure for evaluating the segment's production efficiency and cost management capabilities.