NUCOR CORP: directors' dealings · United States · SEC (Form 4)

About NUCOR CORP

Nucor Corp. (NYSE: NUE) is a U.S.-listed industrial company on the NYSE and one of North America’s leading steelmakers and metal recyclers. Headquartered in Charlotte, North Carolina, Nucor built its business around electric arc furnace (EAF) steelmaking, a model that has become central to its identity, cost discipline, and environmental positioning. The company’s origins date back to the 1960s, when Ken Iverson helped reshape the business into a steel-focused platform; Nucor’s first minimill began operating in 1969, and the company adopted the Nucor name in 1971. Today, Nucor describes itself as the largest steel producer and recycler in the United States, with more than 300 locations and a sizable workforce across North America. Nucor reports through three operating segments: steel mills, steel products, and raw materials. The steel mills segment produces sheet, bar, structural, and plate products; the steel products segment includes downstream and value-added offerings such as joists, deck, building systems, insulated metal panels, piling products, towers, and other fabricated steel solutions; and the raw materials segment supports supply security and cost competitiveness through upstream inputs and related activities. This integrated-but-flexible model is a key competitive advantage because it diversifies end-market exposure while capturing more value across the steel chain. From a market position standpoint, Nucor benefits from scale, a strong domestic footprint, and close exposure to U.S. non-residential construction demand, while remaining cyclical and sensitive to steel pricing, scrap and energy costs, and import competition. Geographically, the company is primarily U.S.-based, but it also has operations in Canada and Mexico, helping it serve customers across North America. Recent developments have been constructive: in first-quarter 2026, Nucor reported net earnings of $743 million and sales of $9.50 billion, and management highlighted a quarterly shipment record in the steel mills segment. In February 2026, the board increased the quarterly dividend and approved a new $4.0 billion share repurchase authorization, underscoring a disciplined capital-return framework. For investors in French-speaking markets, Nucor stands out as a high-quality industrial franchise with strong competitive moats, but one that remains exposed to the inherent cyclicality of the U.S. steel market.