Nucor - Daniel McKinney Dr. D GBA 490 Monday 3:30-6:00 10...

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Daniel McKinney Dr. D GBA 490 Monday 3:30-6:00 10 March 2008 Nucor Corporation Major Issues: I. One of the major issues is that steel market is highly competitive. This being the case, the steel industry is always competing to get the lowest price. There are many things that effect the price of steel, so there are several major issues associated with just the competitive nature of pricing steel. II. The second issues is that other countries are dumping their excess supply of steel in the United States at prices that cannot be matched by U.S. firms. When this happens it really put the U.S. firms in an unfair position, that can only be remedied by political action. III. The third major issue is how the economy as a whole has an impact on steel supply and demand. When business is expanding the steel industry usually tends to expand along with it. If a recession is in place then more than likely the demand for steel will decrease as well. SWOT Analysis:
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This note was uploaded on 04/20/2008 for the course GBA 490 taught by Professor Strickland during the Spring '08 term at Alabama.

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Nucor - Daniel McKinney Dr. D GBA 490 Monday 3:30-6:00 10...

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