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Stock impact report

Forget United States Steel, Nucor Is a Better Steel Stock [The Motley Fool]

Nucor Corporation (NUE) 
Last nucor corporation earnings: 4/28 08:00 am Check Earnings Report
US:NYSE Investor Relations: nucor.com/investor
Company Research Source: The Motley Fool
There are few companies with the name recognition ofUnited States Steel(NYSE:XNucor CorporationNYSE:NUE. ConsistencyComing out of the last recession between 007 and 009, steel stocks were hit hard. Just about all of them lost money in 009.The industry is highly cyclicalImage source: Getty ImagesThat brings up another place where Nucor shines: its streak of 7 consecutive annual dividend increases. That's impressive for any industry, let alone one marked by frequent peaks and valleys. U.S. Steel's dividend has been stuck at $0.0 per share per year for the last decade. Based on the company's red ink through that span, it's impressive that it managed to even maintain a dividend. But that still falls well short of what Nucor has achieved.. Business modelPart of the reason why Nucor has been able to excel is that it uses electric arc mini-mills. To simplify a great deal, these mills are more cost effective at lower volumes and are more flexible than the blast furnaces that underpin U.S. Ste Show less Read more
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