Electric-arc steelmaker
Nucor Corporation
Nucor sells sheet, bar, plate, structural steel, and downstream steel products to service centers, manufacturers, and construction customers across North America. It procures scrap and substitute iron units for its electric-arc furnaces, invests in steelmaking and rolling equipment, and is expanding into data-center infrastructure and next-generation power technology.
NUE Updated Sep 11, 2026 4 AI consumers
Per the valuechain.wiki graph, Nucor Corporation is directly linked to 3 companies (0 supply, 2 revenue, 1 investment relationships) and reaches 13 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-09-11).
Financials & Segments
- Total revenue · FY2025 total net sales of $32.494 billion
- Segments · Steel mills · Steel products · Raw materials
Revenue from
- General Motors High confidence
General Motors was the first customer for Nucor's Econiq low-carbon steel, with deliveries beginning in the first quarter of 2022. Customer-specific purchase value was not disclosed. - Caterpillar Medium confidence
Caterpillar recognized Nucor with its 2021 Platinum supplier award based on measures including product quality and delivery performance. The commercial value was not disclosed.
Pays to
- Danieli Medium confidence· Contract value $650M · orders announced 2022-04-07 · Minimum disclosed value of Danieli technology, equipment, and automation orders for two installations
Nucor selected Danieli to supply cold-rolling, galvanizing, coating, and automation equipment for installations in West Virginia and Indiana. The disclosed multi-technology order exceeded $650 million.Confirms EN Danieli USA Published Apr 7, 2022: Nucor Corporation Endorses Danieli with Orders for Cold-Strip Plants - SMS group Medium confidence
SMS group supplied Nucor's Brandenburg plate mill with its caster, furnaces, heat-treatment line, and water-treatment system. It also provides long-term on-site repair services, with contract value undisclosed.Confirms EN SMS group Published Jan 15, 2024: Nucor Steel Brandenburg Celebrates Inauguration of New Facility
Investments
- Southwest Data Products, Inc. High confidence· Amount $115M · acquisition completed April 2024 · Purchase price for Southwest Data Products
Nucor acquired Southwest Data Products, a manufacturer and installer of data-center cabinets, cages, and airflow-containment structures, for $115 million. Nucor's 2025 Form 10-K and transaction announcement confirm both the target and price. - NuScale Power Medium confidence· Amount $15M · PIPE commitment announced 2022-04-06 · PIPE investment commitment for the NuScale-Spring Valley business combination
Nucor committed $15 million to NuScale Power's pre-listing PIPE. The companies later agreed to study supplying Nucor's electric-arc furnace mills with power from NuScale small modular reactors.Confirms KO Korea Energy Economics Institute Published May 26, 2023: World Nuclear Power Market Insight: North America BriefsConfirms EN NuScale Power Published Apr 6, 2022: NuScale Power and Spring Valley Acquisition Corp. Announce $15 Million PIPE Investment from Nucor
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Freeport-McMoRan Inc. | lead2 | +61.4 | -7.3 | +13.7 | -9.4 | +35.4 | +44.2 |
| Newmont Corporation | lead2 | +7.4 | -20.8 | -8.8 | -7.8 | +172.8 | +29.1 |
| Amazon | lead2 | +2.4 | -49.6 | +80.9 | +44.4 | +5.2 | +12 |
| Republic Services, Inc. | lead2 | +47 | -6.2 | +29.6 | +23 | +6.4 | +6 |
| Microsoft | lead2 | +52.5 | -28 | +58.2 | +12.9 | +15.6 | +4 |
| Waste Management, Inc. | lead2 | +43.8 | -4.5 | +16.2 | +14.3 | +10.5 | +0.5 |
| Meta Platforms | lead2 | +23.1 | -64.2 | +194.1 | +66 | +13.1 | -6.4 |
| CRH plc | lead2 | +27.1 | -20.5 | +81.3 | +35.9 | +35.9 | -23.6 |
| Caterpillar | lead1 | +16 | +18.6 | +25.9 | +24.7 | +60.3 | +42.9 |
| General Motors | lead1 | +40.8 | -42.4 | +7.9 | +49.8 | +54.2 | +8.4 |
| Nucor Corporation | node | +118.4 | +17.4 | +33.8 | -32 | +42 | +61 |
| NuScale Power | benef1 | · | · | -67.9 | +445 | -21 | -31.5 |
| Quanta Services | benef2 | +59.5 | +24.6 | +51.7 | +46.6 | +33.7 | +48 |
| Doosan Enerbility | benef2 | +57 | -5.6 | -7.5 | +54.8 | +279.1 | -12.6 |
YTD as of 2026-09-04 · source: Yahoo Finance
Nucor Corporation operates across Electric-arc steelmaker. It is up +61% in 2026. The stock (+61%) and its demand side (avg +25.7%) are moving in step. Among connected nodes the furthest ahead is Caterpillar (+42.9%) and the furthest behind is General Motors (+8.4%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It procures scrap and substitute iron units for its electric-arc furnaces, invests in steelmaking and rolling equipment, and is expanding into data-center infrastructure and next-generation power technology.
Analysis generated from returns as of 2026-09-04