Nucor Corporation (Nucor) and its affiliates are manufacturers of steel and steel products, with operating facilities and customers primarily located in North America. The Company operates in three business segments: steel mills, steel products and raw materials. In 2008, the Company recycled approximately 20 million tons of scrap steel. In February 2008, the Company completed the acquisition of SHV North America Corporation, which owns 100% of The David J. Joseph Company (DJJ) and certain affiliates. In July 2008, the Company completed the acquisition of a 50% interest in Duferdofin - Nucor S.r.l.
Quick Financial Synopsis
BRIEF: For the nine months ended 3 October 2009, Nucor Corporation's revenues decreased 58% to $8.25B. Net loss appli to common totaled $352.5M vs. an income of $1.73B. Revenues reflect a decrease in steel mills, a decrease in revenue from steel products segments, lower revenue from Raw material and decrease revenue from all other segments. Net loss reflects higher interest expense, net and decreased operating income.