Nucor Corporation

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Title: Nucor Corporation

Essay Details:

Subject: Business

Author: Dexter N

Date: January 8, 2016

Level: University

Grade: A

Length: 12 / 3440

Essay text:

US steel companies were still using technology that was designed in the early 1900's. The technological disadvantage almost forced US steel makers out of business. Steel producers in other countries were using new technology that allowed unit prices to be significantly reduced. There is also evidence of foreign governments subsidizing their steel companies. This allowed foreign companies to sell steel in the US at below production costs. The industrialized world will always have a need for steel (Pun, 2004). Steel is used in bridges, skyscrapers, automobiles, eyeglasses, spacecraft and medical instruments, just to name a few products...

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