Nucor has a rating of “A” from Standard & Poor’s.
Nucor gets almost half of its revenue from the construction industry.
The final selling prices are a function of multiple factors like global prices, demand for steel, and overcapacity in the industry.
To fulfill its iron ore requirements, Nucor has a DRI plant in Trinidad.
Nucor recently started production at its DRI plant in Louisiana.
According to Nucor “Empowerment isn’t a corporate buzzword—it’s a way of life.”
Sales growth remains a key driver for steel companies.
Nucor has its plants located across U.S. It manufactures wire products, grating, and industrial fasteners.
Between 2001 and 2010, Nucor adopted a multi-pronged growth strategy.
The growth in the U.S. oil and gas industry along with the shale boom, should have been a godsend opportunity for the domestic steel industry.
U.S. Steel Corp. is available at one of the cheapest valuations when we compare it to other companies operating in the same segment.
The stock price has seen moves of more than 50% both on the downside and upside in very short period of time.
The ruling by U.S. DOC came on July 11.
To protect the domestic companies, governments impose a harsh duty on imported products to make them equal to the domestic price.
Lower margins are a reflection of the efficiency of a company.
U.S. Steel Corp. supplies its products to all major industries like construction, automobile, appliances, and energy.
After trying its hands at various businesses, the company finally consolidated the operations in 2001.
Year-to-date (or YTD) deliveries in 2014 stood at 25.7 million dwt.
In trading, the Baltic Dry Index declined to 850 on June 30, 2014, from 934 at the beginning from the month.
China’s economy is showing encouraging signs as the government’s policy measures have taken shape.