Coursework.Info - Inspiration in an Instant

On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:

STEEL MINIMILLS During the mid-1960s, when America's traditional steel companies were still titans, Nucor Corp. wasn't even making steel. But in the 34 years since it entered the business as a minimill, the Charlotte, N.C.-based company has grown into the second largest, most dynamic and perhaps most competitive steel maker in the nation. Its $4.1 billion in sales in 2001 make it second only to U.S. Steel Corp., which reported $6.4 billion in revenue last year. But unlike Pittsburgh-based U.S. Steel, which lost $218 million, Nucor has continued its uninterrupted record of profitability, earning $113 million in 2001. In the 1960s, Nuclear Corp. of America, as it was then called, was moving from the production of nuclear instruments into steel joists. In 1968, it built an electric arc furnace and began producing its own steel, joining a trend that would revolutionize the industry. Minimills, which began to appear in the...

Get instant access

• Instant, unlimited access to our documents in full
• Swap your work for free access, or pay £4.99
• To see the full version of this document and 150,044 others