AllAnalyst Report
logoMorningstarSeptember 21, 2020

Nucor Corporation: No Major Surprises From U.S. Steelmakers' Q3 Guidance; Profits Improve but Remain Under Pressure

Symbols
NUE
Sector(s)
Basic Materials
Rating
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Current Price
$55.07
Fair Value
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Economic Moat
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Stewardship
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Summary

The largest steelmaker in the United States by production volume, Nucor uses electric arc furnaces to produce a wide variety of steel products that service all major end markets. Nucor is involved in every phase of the steelmaking value chain, from collecting and processing scrap to manufacturing value-added fabricated steel products.

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