Nucor Corp (NYSE:NUE)
$ 170.93 -1.19 (-0.69%) Market Cap: 40.98 Bil Enterprise Value: 42.58 Bil PE Ratio: 10.05 PB Ratio: 1.98 GF Score: 91/100

Nucor Corp at BMO Capital Markets Global Metals & Mining Conference Transcript

Feb 25, 2020 / 04:00PM GMT
Release Date Price: $44.97 (-4.91%)
David Francis Gagliano
BMO Capital Markets Equity Research - Co-Head of Metals & Mining Research and Metals & Mining Analyst

And now we're ready to go. Nucor is up next. Nucor is the largest steelmaker in North America, accounting for about 30% of U.S. steel production, vertically integrated, EAF-based, mini mill producer, assets spread throughout the U.S., primarily in the southeast. They're also in the middle of a pretty significant growth initiative, collectively add nearly 15% to their steelmaking capacity by 2023 and also additional significant upgrades and expansions in their finishing capabilities as well. Meanwhile, in January, Leon Topalian took over as CEO, becoming only the, I think, the fourth CEO of Nucor since 1965. So there's a lot going on in Nucor. Presenting today is the CFO, Jim Frias.

James D. Frias
Nucor Corporation - CFO, Treasurer & Executive VP

Thank you, David. And good morning, and thank you for your interest in Nucor.

As we go through the slides -- as we hopefully go through the slides. Here we go. No. Now we

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