Nucor 2011 Annual Report Download - page 18

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17
COLD FINISH Nucor is North America’s largest producer of cold finished
bar products for a wide range of industrial markets.
OPERATIONS
Nucor Cold Finish is the largest producer of cold finished bars in North America and has facilities in Missouri, Nebraska, South
Carolina, Utah, Wisconsin, and Ontario, Canada. The Missouri facility operates as Nucor-LMP and the Canadian facilities are a part
of Harris Steel and operate as Laurel Steel. The total capacity of the Nucor cold finished bar and wire facilities is approximately
860,000 tons per year. In 2011, sales of cold finished steel products were 494,000 tons, an increase of 7% from the 462,000 tons
sold in 2010.
All of Nucor’s cold finished facilities are among the most modern in the world and most use in-line electronic testing to ensure
outstanding quality. Nucor Cold Finish obtains most of its steel from the Nucor bar mills. This factor, along with our facilities’ use of
the latest technology, results in a highly competitive cost structure.
MARKETS AND MARKETING
These facilities produce cold-drawn, turned, ground and polished steel bars that are used extensively for shafting and other precision
machined applications. Nucor Cold Finish produces rounds, hexagons, flats and squares in carbon, alloy and leaded steels. These
bars, in turn, are purchased by the appliance, automotive, construction equipment, electric motor, farm machinery, and fluid power
industries, as well as by service centers. Nucor Cold Finish bars are used in tens of thousands of products. A few examples include
anchor bolts, hydraulic cylinders and shafting for air conditioner compressors, ceiling fan motors, garage door openers, electric
motors and lawn mowers.
year
10 0
200
300
400
500
thousands of tons
COLD FINISH STEEL SALES
02 03 04 0605 07 08 09 10 11