Nucor : Reports Record Quarterly Earnings for the Second Quarter of 2022
July 21, 2022 at 11:24 am EDT
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Nucor Corporation published this content on 21 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2022 15:23:09 UTC.
Nucor Corporation is one of the leading American steel production groups. Products are sold to the automotive, household appliance, construction, mechanical, and similar sectors, etc. Net sales break down by activity as follows:
- production of hot and cold rolled steels (66.2%): sheet metals (52.5% of sales), bars (25%), flat products (11.7%) and structural products (10.8%);
- manufacturing of steel products (26.7%): fasteners, girders, beams, precision bands, concrete rounds, wire mesh, metal construction systems, etc.;
- processing and transformation of steel and metal scrap (7.2%). The group is also involved in buying and selling iron alloys and non-ferrous metals.