NYSE:NUE
Nucor is the largest steel producer in the U.S. with a production capacity exceeding 27 million tons. It is a quality producer of automotive grade steels with a growing presence in the automotive market and is one of the largest vertically integrated and most diversified steelmakers in North America. Nucor operates through key subsidiaries like Harris Steel, The David J. Joseph Company and Skyline Steel and has 200 operating facilities. The company has an extensive presence in the U.S. and Canada. Nucor has 13 bar mills manufacturing a broad range of steel products. The company has a diversified product mix consisting of sheet (33% of 2018 external tons sales), bar (23%), structural (8%), plate (8%), tubular products (4%), rebar fabrication (4%), downstream (9%) and raw materials (11%). It serves a wide range of customers from individuals to large industrial bases. The steel mills segment is Nucor’s largest segment, representing ~65% of Nucor’s 2018 sales, followed by steel products and raw materials segments.