Steel companies continue to operate in challenging environment, since the sector's earnings are highly levered to the economic health of a country and the world at large. Despite of these difficult times, there are some steel companies which managed their businesses exceptionally well in the past couple of years.
Today we will do a detailed analysis of Nucor Corporation (NUE), one of our favorite steel picks. We say one of because there are more steel stocks that we like, but that's a discussion for another day. Today, let's just focus on NUE.
With over 27 million tons of capacity, NUE is one of the largest U.S. steel makers (largest by market cap) and is the...