NUE - Nucor Corporation

NYSE - NYSE Delayed Price. Currency in USD

Nucor Corporation

1915 Rexford Road
Charlotte, NC 28211
United States
704-366-7000
http://www.nucor.com

SectorBasic Materials
IndustrySteel
Full Time Employees26,300

Key Executives

NameTitlePayExercisedYear Born
Mr. John J. FerriolaChairman, CEO & Pres6.72MN/A1953
Mr. James D. FriasCFO, Treasurer & Exec. VP1.65M1.01M1957
Mr. Ladd R. HallExec. VP of Flat-Rolled Products1.22M2.43M1957
Mr. R. Joseph StratmanChief Digital Officer & Exec. VP2.04M880.33k1957
Mr. Raymond S. Napolitan Jr., P.EExec. VP of Engineered Bar Products1.85MN/A1958
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates in three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and special bar quality products. It also engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in automotive, energy, agricultural, heavy equipment, and transportation sectors. The Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, steel grating and expanded metal products, and wire and wire mesh products to general contractors, fabricators, distributors, and manufacturers. This segment also engages in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); processes ferrous and nonferrous metals; brokers ferrous and nonferrous metals, pig iron, DRI, and hot briquetted iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. The company offers its products through its in-house sales forces; and internal distribution and trading companies. The company was founded in 1940 and is based in Charlotte, North Carolina.

Corporate Governance

Nucor Corporation’s ISS Governance QualityScore as of April 1, 2019 is 8. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.