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NYSE:NUE
Nucor Corporation is a prominent American steel producer and the largest recycler of scrap metal in North America. The company and its affiliates manufacture a wide range of steel and steel products, with operating facilities primarily located in the United States and Canada. Nucor utilises electric arc furnaces (EAFs) to melt scrap steel, a process that is more energy-efficient and has a lower carbon footprint compared to traditional blast furnaces.