• SELECT SITE CURRENCY
Select a currency for use throughout the site
Summary: Nucor Corp. May 11
Standard & Poors, May 2011
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.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.