Nucor 2015 Annual Report Download - page 21

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19
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 and most diversified producer of cold finished bars in North America. In November of 2015, Nucor
further expanded our industry-leading production capabilities with the acquisition of Gerdau’s cold finished bar facilities in Ohio and
Georgia. These recently acquired facilities will complement our previously owned 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 now exceeds 920,000 tons per year. The
2015 sales of cold finished steel products were 449,000 tons, down 11% from 504,000 tons in 2014.
Nucor’s cold finished facilities are among the most modern in the world, producing cold finished bars for the most demanding
applications. Nucor Cold Finish obtains most of its steel from the Nucor bar mills, ensuring consistent quality and supply through all
market conditions. This factor, along with our facilities’ use of the latest technology, results in a highly competitive cost structure and
reliability for our customers.
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
06 0807 1509 10 11 12 1413