This Steel Giant Is Winning With a New Brand of Environmentally Friendly Steel
Demand is strong, steel prices are high, and the U.S. is on the verge of passing a massive infrastructure spending bill. These are all good things for steel giant Nucor (NYSE: NUE). But this industry leader doesn't just ebb and flow along with the world around it -- it actively looks to be ahead of the curve. And right now it has an innovative product that could give it an edge over the competition.
Nucor is always looking to hold a leadership position in the industries it serves. So it doesn't simply get into a space for the sake of it -- it wants to "win" in the space. It has been inching its way into the auto sector for a while at this point. That can be a slow process, since companies need to earn the trust of automakers before they are added as major suppliers.
Source Fool.com
