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Nucor
NUE · NYSESteel & Materials
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Raw inputsore, oil, gas, air & landMining &extractiondigging it upChemicals,metals & gasesrefining & reactingFinishedmaterialspaints, packaging, aggreg…Distribution &logisticshow it gets thereCustomers &end marketswho paysSCRRecycled scrap metalOREIron orePWRElectricity & gasELGraphite electrodesALYFerroalloys & pig ironDJJDavid J. Joseph Co.DRINucor DRI plantsNUENucorSHTSheet steelBARBar & rebarSTRStructural / beamsPLTPlate steelPRDSteel productsSVCSteel service centersRAILFreight rail & truckingCONConstruction & infrastructureDCData-centre developersAUTOAutomakersENREnergy & transmissionMFGManufacturers & equipment
Company details
Market cap
~$56B
P/E ratio
~24×
Div yield
~1.0%
Revenue
$32.5B
Net earnings
$1.7B
Profit margin
~5%
Earnings YoY
-14%
Div. growth
53 yrs
In plain English
Nucor is the largest steelmaker in the United States — but unlike the old blast-furnace giants, it melts mountains of recycled scrap in electric-arc furnaces, which is cleaner, cheaper and more flexible. It rolls that steel into sheet, bar, plate and beams, and has spent the last few years buying its way downstream into finished products — overhead doors, insulated panels, steel racking and even data-centre infrastructure — so it captures more of the value its own steel goes into.
In simple terms
What Nucor really sells
Nucor is the largest steelmaker in the United States — but unlike the old blast-furnace giants, it melts mountains of recycled scrap in electric-arc furnaces, which is cleaner, cheaper and more flexible. It rolls that steel into sheet, bar, plate and beams, and has spent the last few years buying its way downstream into finished products — overhead doors, insulated panels, steel racking and even data-centre infrastructure — so it captures more of the value its own steel goes into.
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Risk read
Moderate
SteadierMore speculative
Why this rating?