Nucor Corporation · NYSE:NUE
Nucor — Corporate Update (January 2019)
9 slides from Nucor's corporate update, Jan 7, 2019
Slide 1: Nucor to Build State-of-the-Art Plate Mill
Nucor Corporation Nucor to Build State-of-the-Art Plate Mill January 7, 2019 Exhibit 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements made in this presentation are forward-looking statements that involve risks and uncertainties. The words “believe,” “expect,” “project,” “will,” “should,” “could” and similar expressions are intended to identify those forward-looking statements. These fo
Slide 3: Expanding Production in America's Largest Plate Consuming Region
Expanding Production in America’s Largest Plate Consuming Region Board has approved this $1.35 billion investment Site selection expected in early 2019 and fully operational in 2022 Annual capacity of 1.2 million tons Significantly enhances breadth of product Value-added capacity to produce 120,000
Slide 4: New Mill Will Enable Nucor to Produce Over 97% of Plate Products Demanded in the U.S. Market
New Mill Will Enable Nucor to Produce Over 97% of Plate Products Demanded in the U.S. Market Not Commercially Available Out of Nucor Range 195” 48” 60” 96” 120” 136” 160” New Mill Capabilities Hertford County & Tuscaloosa Capabilities 3 Enhances product portfolio to broader range of sizes and grades
Slide 5: U.S. Plate Regional Demand – 2017
U.S. Plate Regional Demand – 2017 Note: Excludes coiled plate 4 Nucor will be better positioned to address demand in the Midwest, the largest plate-consuming region in the country Broader product range supports further share gains across Nucor’s plate portfolio Nucor Others Southeast 1.25M tons Nort
Slide 6: U.S. Cut Plate Market Overview
U.S. Cut Plate Market Overview 5 Notes: Volume figures based on CRU data, data excludes coiled plate 2017 Plate Market Supply 2017 End Use Demand
Slide 7: Imports Impact on the U.S. Plate Market Has Declined
Imports Impact on the U.S. Plate Market Has Declined 2014-2015 surge of illegally dumped imports into U.S. market Late 2016 round of anti-dumping and countervailing duties implemented on 12 new countries and products in response 23 total countermeasures are now in place 6
Slide 8: Midwest Greenfield Plate Mill Aligned with Nucor's Strategy for Profitable Growth
Midwest Greenfield Plate Mill Aligned with Nucor’s Strategy for Profitable Growth Low cost producer Market leadership Move up the value chain Expand channels to market Commercial excellence Five Drivers to Profitable Growth 7 Midwest U.S. Greenfield Plate Mill Cost leader – operating, scrap, logisti
Slide 9: Building Nucor's Earnings Power
Building Nucor’s Earnings Power Net Earnings Attributable to Nucor Shareholders Import Surge, Oil Price Collapse 8