Nucor Case

Nucor is a Fortune 500 company headquartered in Charlotte, North Carolina, is the largest producer in the United States with approximately 200 operating facilities, and the largest of the so-called "mini-mill" steelmakers1. 30 years ago, it is a sporadic steel structure processing of small companies. However, Nucor has built its first steelmaking furnace and developed drastically in North Carolina since 1969. It has become one of the world's top 500 companies selected by magazine. Nucor is the largest recycler of any material, recycling one ton of steel every two seconds2. In 2012, Nucor enters into a long-term agreement with EnCana Oil & Gas (USA) Inc. that will ensure a reliable, low cost supply of natural gas for Nucor's existing and expected future needs for more than 20 years3. In 2013, John J. Ferriola assumes the role of Chief Executive Officer and President of Nucor Corporation succeeding Dan DiMicco, who becomes Executive Chairman. In his new role, DiMicco will continue to be an active voice for trade and manufacturing policy and will provide guidance to the executive team regarding overall strategy and succession planning. The new positions reflect the thoughtful, planned transition of leadership at Nucor4. Nucor do not establish the integration of iron mill and rolling mill. It focuses on steelmaking throughout recycling scrap. Nucor has won great success only more than ten years. In 2003, it ranked in the top 500, as it has been highly profitable. In addition, the technical in Nucor still leading the new trend of world steel production, the President of the United States awarded the highest technical achievement award-the national medal of technology.