In 2020, Nucor Corporation reported significant achievements, including surpassing three million man-hours without a recordable injury at its Hickman, Arkansas sheet mill operations. The company also highlighted divisions that maintained over a year without a recordable injury as of December 31, 2020.
Financially, Nucor reported consolidated net sales of $20.14 billion, a decrease of 11% from 2019, while net earnings attributable to Nucor stockholders were $721.5 million. The company demonstrated resilience amidst challenging economic conditions, adapting operations and maintaining a strong focus on safety and customer service.
Nucor's operations are structured across three main segments: steel mills, steel products, and raw materials. The company detailed its production capabilities, including sheet steel, plate steel, structural steel, bar steel, tubular products, rebar fabrication, cold-finished steel, and metal building systems.
Strategic growth projects, representing over $4 billion in investments, were advanced to expand capabilities and market reach. Nucor also emphasized its commitment to sustainable steelmaking, noting its status as North America's largest recycler and efforts to reduce its environmental footprint.
The report includes information on Nucor's executive management team, board of directors, and corporate governance practices. The company's outlook for 2021 focuses on continuing to deliver value to customers and stockholders through quality, reliability, and competitive pricing.
For more information, visit the Nucor Corporation website at https://www.nucor.com.