1 / 19

2014 Global Metals, Mining & Steel Conference MAY 13, 2014

2014 Global Metals, Mining & Steel Conference MAY 13, 2014.

micol
Download Presentation

2014 Global Metals, Mining & Steel Conference MAY 13, 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2014 Global Metals, Mining & Steel Conference MAY 13, 2014

  2. Certain statements made in this presentation are forward-looking statements that involve risks and uncertainties. The words “believe,” “expect,” “project,” “will,” “should,” “could” and similar expressions are intended to identify those forward-looking statements. These forward-looking statements reflect the Company’s best judgment based on current information, and although we base these statements on circumstances that we believe to be reasonable when made, there can be no assurance that future events will not affect the accuracy of such forward-looking information. As such, the forward-looking statements are not guarantees of future performance, and actual results may vary materially from the projected results and expectations discussed in this report. Factors that might cause the Company’s actual results to differ materially from those anticipated in forward-looking statements include, but are not limited to: (1) the sensitivity of the results of our operations to prevailing steel prices and changes in the supply and cost of raw materials, including pig iron, iron ore and scrap steel; (2) availability and cost of electricity and natural gas which could negatively affect our cost of steel production or could result in a delay or cancellation of existing or future drilling within our natural gas working interest drilling programs; (3) critical equipment failures and business interruptions; (4) market demand for steel products, which, in the case of many of our products, is driven by the level of nonresidential construction activity in the U.S.; (5) competitive pressure on sales and pricing, including pressure from imports and substitute materials; (6) impairment in the recorded value of inventory, equity investments, fixed assets, goodwill or other long-lived assets; (7) uncertainties surrounding the global economy, including the severe economic downturn in construction markets and excess world capacity for steel production; (8) fluctuations in currency conversion rates; (9) U.S. and foreign trade policy affecting steel imports or exports; (10) significant changes in laws or government regulations affecting environmental compliance, including legislation and regulations that result in greater regulation of greenhouse gas emissions that could increase our energy costs and our capital expenditures and operating costs or cause one or more of our permits to be revoked or make it more difficult to obtain permit modifications; (11) the cyclical nature of the steel industry; (12) capital investments and their impact on our performance; and (13) our safety performance. Forward-Looking Statements

  3. NET INCOME (Millions of dollars)

  4. NUCOR’S GROWTH DRIVEN BY OUR POSITION OF STRENGTH • FINANCIAL STRENGTH • LOW COST STRUCTURE • FLEXIBLE & RELIABLE PRODUCTION • PRODUCT BREADTH • MARKET LEADERSHIP • OUR CULTURE

  5. FINANCIAL STRENGTH • Strong cash flow generation through the cycle • Investment grade credit rating (only North American steel producer with this competitive advantage) • Conservative Financial Practices • No Material Legacy Liabilities

  6. Financial StrengthCash From Operations 2000-2013(millions of dollars) Cyclical Trough To Cyclical Trough More than 2X Average ’09-’13 $1.1 Billion Average ’01-’03 $495 million

  7. LOW COST STRUCTURE = INDUSTRY LEADING RETURNS

  8. FLEXIBLE CAPACITY • Electric arc furnaces • High productivity • No lay-off practice BEST-IN-CLASS MARKET RESPONSIVENESS!!!

  9. Making Steel for 29 Days without Power. Now that’s Reliability. At Nucor, we respect that our customers rely on us. So when a tornado knocked out power to our Decatur mill for 29 days, we refused to let a natural disaster affect our customers. Immediately, we informed every customer about what happened, and assured them that our sister mills would fill their orders. While they produced the steel, the rest of our teammates got the mill running and donated time to rebuilding the community. Then 29 days later, the power came back on and illuminated what we accomplished. Our customers received their steel to spec and on time. Exactly what our customers expect, tornado or no tornado. Nucor Steel Decatur

  10. DIVERSIFIED PRODUCT MIX

  11. MARKET LEADERSHIP BY SIZE IN NORTH AMERICA Structural Steel Bar Steel Rebar Steel Cold Finished Bar Steel Steel Joist Steel Deck Rebar Fabrication, Distribution, & Placement Steel Piling Distribution Metal Buildings #1 North American Market Leader #3 North American Market Leader #2 North American Market Leader Sheet Steel Plate Steel

  12. NUCOR’S PEOPLE –OUR BIGGEST COMPETITIVE ADVANTAGE

  13. BUILDING EARNINGS POWER FOR THE NEXT UP-CYCLE

  14. GROWING NUCOR’S EARNINGS POWERLOUISIANA DRI FACILITY

  15. GROWING NUCOR’S EARNINGS POWERLOUISIANA DRI FACILITY

  16. GROWING NUCOR’S EARNINGS POWERWIDE-LIGHT PROJECT

  17. GROWING NUCOR’S EARNINGS POWERHEAT TREAT & NORMALIZED PLATE

  18. GROWING NUCOR’S EARNINGS POWERSHEET PILING PRODUCT EXPANSION

  19. NUCOR’S BEST YEARS ARE STILL AHEAD OF US GREAT CHALLENGES PRESENT GREAT OPPORTUNITIES TO THE RIGHT PEOPLE – THE NUCOR TEAM 19

More Related