Financially, we're as strong as our steel. Just ask our shareholders.
Nucor is both the largest steel producer in the U.S. (28 million tons per year), and the largest recycler in North America (1,200 pounds per second). But that’s only part of our financial story.
From September of 2000 through the end of 2013,
And over the past five years—one of the worst economic periods in recent history—we reinvested $8 billion into our mills and products. We even took control of our raw materials by purchasing scrap metal broker David J. Joseph, not to mention starting up the world’s largest DRI production facility in southern Louisiana.
What we’re most proud of, however, is this:
in an industry that has eliminated one out of every two jobs over the past 30 years,
We haven’t laid off a single employee due to lack of work.
No wonder we’re the only steel producer in North America
with an investment grade credit rating.