NUE

Nucor Corporation

A steelmaker and one of North America's largest recyclers, Nucor melts scrap metal in electric arc furnaces to make sheet, plate, structural, and bar steel, plus joists, deck, rebar, and metal buildings for construction. Its roots stretch back to 1905, when Ransom E. Olds, the creator of Oldsmobile, founded the REO Motor Car Company. After a detour into nuclear services, it took the name Nucor in 1972 — a contraction of "Nuclear Corporation" — before pivoting to steel.