Nucor

One of the many non-financial corporations based in Charlotte is Nucor. While at the airport, we saw their private jet being stowed in the hangar. The registration on the tail was how I discovered the owner.


Nucor is a competitor of Steel Dynamics, which I wrote about around 2 years ago. They gather up scrap steel and take it to electric arc furnaces.

Since I followed my hunch, the stock is down 7%.

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