Nucor (NUE) risk factors: FY2025 10-K

1. Our industry is cyclical and both recessions and prolonged periods of slow economic growth may negatively affect our business, results of operations, financial condition and cash flows.
2. Competition from other steel producers, imports or alternative materials may negatively affect our business, results of operations, financial condition and cash flows.
3. Our business requires substantial capital investment and maintenance expenditures, and our capital resources may not be adequate to provide for all of our cash requirements.
4. Changes in the availability and cost of electricity and natural gas are subject to volatile market conditions which may negatively affect our business, results of operations, financial condition and cash flows.
5. Our steelmaking processes, our DRI processes, and the manufacturing processes of many of our suppliers, customers and competitors are energy intensive and generate carbon dioxide and other GHGs. The regulation of these GHGs may negatively affect our business, results of operations, financial condition and cash flows.
6. Environmental regulation compliance and remediation could result in substantially increased costs and materially adversely impact our competitive position.
7. Emerging customer preferences for greater product transparency and less GHG intensive materials may put us at a competitive disadvantage as a carbon steel producer.reworded

Read these in Item 1A · See the changes

1. We are subject to information technology and cybersecurity threats which could have an adverse effect on our business and results of operations.Cybersecurity
2. Our operations are subject to business interruptions and casualty losses.
3. We acquire businesses and enter into joint ventures from time to time and we may encounter difficulties in integrating businesses we acquire.
4. Risks associated with operating in international markets may negatively affect our business, results of operations, financial condition and cash flows.
5. Pandemics, epidemics and other public health emergencies in the future, could have a material adverse effect on our business, results of operations, financial condition and cash flows.
6. The accounting treatment of equity method investments, goodwill and other long-lived assets could result in future asset impairments, which would reduce our earnings.
7. Tax increases and changes in tax laws and regulations or exposure to additional tax liabilities may negatively affect our business, results of operations, financial conditions and cash flows.

Read these in Item 1A · See the changes

Headings in the FY2024 10-K with no match this year.

1. Overcapacity in the global steel industry could increase the level of steel imports into the United States, which may negatively affect our business, results of operations, financial condition and cash flows.
2. Our business and results of operations may be negatively affected by volatility in steel prices and the cost and availability of raw materials, particularly scrap steel.
3. We are subject to legal proceedings and legal compliance risks.