Nucor 2015 Annual Report Download - page 33

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31
COMPARISON OF 2014 TO 2013
RESULTS OF OPERATIONS
NET SALES
Net sales to external customers by segment for 2014 and 2013 were as follows:
(in thousands)
Year Ended December 31, 2014 2013 % Change
Steel mills $14,723,642 $13,311,948 11%
Steel products 4,032,385 3,607,333 12%
Raw materials 2,349,114 2,132,765 10%
Total net sales to external customers $21,105,141 $19,052,046 11%
Net sales for 2014 increased 11% from the prior year. The average sales price per ton increased 3% from $803 in 2013 to $830 in
2014, while total tons shipped to outside customers increased 7% in 2014 to 25.4 million tons as compared to 23.7 million tons 2013.
In the steel mills segment, production and sales tons were as follows:
(in thousands)
Year Ended December 31, 2014 2013 % Change
Steel production 21,135 19,900 6%
Outside steel shipments 18,681 17,733 5%
Inside steel shipments 3,286 2,917 13%
Total steel shipments 21,967 20,650 6%
Net sales to external customers in the steel mills segment increased 11% due to a 5% increase in the average sales price per ton from
$751 in 2013 to $788 in 2014 and a 5% increase in tons sold to outside customers.
Tonnage data for the steel products segment is as follows:
(in thousands)
Year Ended December 31, 2014 2013 % Change
Joist sales 421 342 23%
Deck sales 396 334 19%
Cold finished sales 504 474 6%
Fabricated concrete reinforcing steel sales 1,185 1,065 11%
Net sales to external customers in the steel products segment increased 12% from 2013 due to an 11% increase in tons sold
to outside customers and a 1% increase in the average sales price per ton from $1,375 in 2013 to $1,383 in 2014.
Sales for the raw materials segment increased 10% from 2013 primarily due to increased volumes in DJJ’s brokerage and
recycling businesses and our natural gas drilling activities, partially offset by decreased pricing at DJJ. Approximately 81%
of outside sales in the raw materials segment in 2014 were from brokerage operations of DJJ and approximately 12% of the
outside sales were from the scrap processing facilities (83% and 12%, respectively, in 2013).