Charlotte, North Carolina-based Nucor Corporation (NUE) is a leading producer of structural steel, steel bars, steel joists, steel decks and cold-finished bars in the United States. With a market cap of $32.5 billion, Nucor operates through steel mills, steel products, and raw materials segments.
Companies worth $10 billion or more are generally described as "large-cap stocks," Nucor fits right into that category, with its market cap exceeding this threshold. Given Nucor is the largest steel producer in the United States, its valuation above this mark is not surprising. The company operates 26 circular-based steel mills that have an annual production capacity of over 27 million tons.
