Nucor Corporation (NUO.F)

178.02 -2.62 (-1.45%) As of 08:10AM CEST. Market open.

Nucor Corporation

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

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 32,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Leon J. Topalian	President, CEO & Chairman of the Board	8.01M	883.78k	1968
Mr. Stephen D. Laxton	CFO, Treasurer & Executive VP	2.77M	N/A	1972
Mr. David A. Sumoski	Chief Operating Officer	2.74M	3.42M	1967
Mr. K. Rex Query	Executive Vice President of Sheet, Tubular Products & Talent Resources	3.16M	N/A	1966
Mr. Daniel R. Needham	Executive Vice President of Commercial	2.82M	N/A	1966
Mr. Jack Sullivan	General Manager of Investor Relations	N/A	N/A	N/A
Mr. Gregory J. Murphy	Executive Vice President of Business Services & General Counsel	N/A	N/A	1965
Mr. Benjamin M. Pickett	General Manager of Public Affairs & Government Relations	N/A	N/A	N/A
Donovan E. Marks	VP of Human Resources & Safety	N/A	N/A	N/A
Mr. Douglas J. Jellison	Executive Vice President of Strategy	4.67M	N/A	1958

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Nucor Corporation engages in manufacture and sale of steel and steel products. 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 structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses. This segment sells its products to steel service centers, fabricators, and manufacturers in the United States, Canada, and Mexico. The Steel Products segment offers steel joists and joist girders, steel decks, and galvanized torque tubes for used in solar arrays, hollow structural section steel tubing, electrical conduit, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, steel grating and expanded metal, wire and wire mesh, metal building systems, insulated metal panels, steel racking, overhead doors, and utility towers and structures for communications and energy transmission. This segment is also involved in the piling distribution business. The Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; processes ferrous and nonferrous scrap metal; and engages in the natural gas production and industrial gas business. 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. It markets its products through in-house sales force; and internal distribution and trading companies. Nucor Corporation was founded in 1905 and is headquartered in Charlotte, North Carolina.

Corporate governance

Nucor Corporation’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 9; Board: 8; Shareholder rights: 8; 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 10 indicates higher governance risk.