5 Biggest Steel Companies in the US

1. Nucor Corporation (NYSE:NUE)

Market Capitalization ($): 45.38 billion

Nucor Corporation (NYSE:NUE) is a big steel player based in Charlotte, NC, and tops the charts as the largest steel producer and scrap recycler in the US. In the fourth quarter of 2023, Nucor Corporation (NYSE:NUE) brought home earnings of $785.4 million, with $3.16 per diluted share. Compared to the previous quarters, they raked in $1.14 billion in the third quarter of 2023 and $1.26 billion in the fourth quarter of 2022. It’s been a solid year for them, bagging a total of $4.52 billion in 2023, or $18 per diluted share, compared to $7.61 billion in 2022. The Nucor team closed out 2023 on a high note, marking it as the third-most profitable year in their history.

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