Summary: Nucor Corp. May 11
- ID: 1795353
- May 2011
- Standard & Poors
The 'A' rating on Charlotte, N.C.-based Nucor Corp. reflects the combination of what Standard & Poor's Ratings Services considers to be the company's strong business risk profile and modest financial risk profile. The company, which maintains a leading market position in the mini-mill segment of the U.S. steel industry, benefits from its nonunion status and flexible operations and from the diversity of its product mix and operating facilities. Nucor has the ability to generate good cash flow during distressed periods and maintains strong liquidity, despite its participation in the highly volatile and competitive steel industry. The rating also takes into consideration our expectation that steel industry conditions will gradually improve during the next year or so, but low commercial construction...
Companies mentioned in this report are: Nucor Corp.
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