Nucor (FRA:NUO) Reserves - Probable (K) : 0.00 (As of . 20)

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What is Nucor Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

The historical rank and industry rank for Nucor's Reserves - Probable (K) or its related term are showing as below:

FRA:NUO's Reserves - Probable (K) is not ranked ^*
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Probable (K) only.

Nucor Reserves - Probable (K) Historical Data

The historical data trend for Nucor's Reserves - Probable (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nucor Reserves - Probable (K) Chart

Nucor (FRA:NUO) Reserves - Probable (K) Explanation

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

Nucor Reserves - Probable (K) Related Terms

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Nucor (FRA:NUO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (FRA:NUO) » Definitions » Reserves - Probable (K)

Comparable Companies

Traded in Other Exchanges

NUE:USA NUE:Mexico N1UE34:Brazil NUE:Argentina

Address

1915 Rexford Road, Charlotte, NC, USA, 28211

Website

https://www.nucor.com

Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

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