Nucor Corporation Case Study

10)Nucor: Founded in 1940 Nucor Corporation engages in the manufactures of steel and production of steel products. The company primary operates through three segments: Steel Mills, Steel products and raw materials. With revenue over 19 Billion in revenue and number of employees over 20,000 it is the largest steel producer in the United States and sells its products to steel service centres and manufacterers across Canada, US and Mexico.

Sales: $21.1 bn
Profits: $ 712 mn
Market Value: $14.9 bn

9) Kobe Steel:

Kobe Steel was founded in Kobe, Japan on 1st September 1905. It operates worldwide under the brand name Kobelco, a major Japanese Steel Manufacturer with its headquarter at Chuo-ku, Kobe. It engages in diverse products such as Steel

Its headquarter is in Mumbai, Maharashtra and engages in the manufacture, production and sale of iron and steel. Its growth strategy included acquisition of various global steel businesses such as NatSteel in 2004, Millennium Steel in 2005 and Corus in 2007. The acquisition made Tata Steel world's 8th largest producer of Steel (with an approx.. production of 24,400,000 MT of crude steel) in the world . The three major segments of companies operation includes Steel, Ferro Alloys & minerals and Other. It has also been awarded the ‘2015 World’s Most Ethical Company’ under the metals category by the Ethisphere

Nippon Steel & Sumitomo Metal Corporation is the world's 2nd largest steel producer by volume. It is headquartered at Chiyoda, Tokyo, Japan. Various subsidiaries of Nippon Steel and Sumitomo Metal are Nippon Steel Engineering, Nippon steel Material and Nippon Steel Chemical. The company's operations include engineering, construction, chemicals, nonferrous metals, ceramics, electricity supply, information and communications, and urban development. Nippon Steel Trading Co., Ltd., has set up a joint venture with local companies of various countries as part of its growth strategy.

Sales: $53.5 bn
Profits: $1.9 bn
Assets: $60 bn

4)Posco:

It is a South Korea based company and is headquartered in Pohang, South Korea. It primarily engages in production of steel products. Presently, t operates at Phang and Gwangyang in South Korea. It produces Steel, flat steel products, long steel products, wire products, plates. It is the fourth largest producer of crude Steel in the world with an approximate production of 34,700,000 MT. It has always seeked an investment opportunity in other developing countries. In June 2005, it signed a MoU with the state of Odisha in India to construct a plant and increase their annual production