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Nucor currently has 47 operating facilities in 15 states. The company is the largest recycler in the United States, recycling 17 million tons of scrap steel in 2004.
Nucor's products include both hot-rolled steel products such as angles, rounds, flats, channels, sheet, wide-flange beams, pilings, billets, blooms, beam blanks, and plate steel... displayed 300 characters
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The company's other products include steel joists, girders, steel deck, cold finished steel, steel fasteners, metal building systems, and light gauge steel framing. The hot-rolled and cold-rolled steel products are sold to steel service centers, fabricators, and manufacturers. It sells steel joists, girders, and steel deck to general contractors and fabricators... displayed next 300 characters
steel producers facing higher energy costs
? Global
-Increasingly tough environmental rules
-Cheaper imports for steel
Industry Analysis ? Nucor has established itself as a leader in the steel industry through efficiency and innovation...
Nucor currently has 47 operating facilities in 15 states. The company is the largest recycler in the United States, recycling 17 million tons of scrap steel in 2004...
It has monitored the R&D activities around the world and has reviewed it for possible adoption. In the U.S., it has been the first to adopt the electric arc furnace and continuous strip casting technologies...
Once competitors are limited, then margins can be increased.
Porter?¦s Five Forces:
?« Competition ?V as stated earlier, competition is fierce and foreign competitors are dumping steel...
Therefore steel companies have to be able to produce high quality products at low cost to compete. By improving production efficiencies and cost management, they will be a more profitable company...
Later in the 1980's, Nucor revolutionized the sheet steel industry by pioneering thin slab casting technology in Crawfordsville, Indiana. Thin slab casting was a revolutionary process that substantially reduced the capital investment and costs to produce sheet steel...
