Nucor Corporation was incorporated in Delaware in 1958. The business of Nucor Corporation and its subsidiaries is the manufacture and sale of steel and steel products, which accounted for all of the sales and the majority of the earnings in 2006, 2005 and 2004. The earnings in 2005 include other income of $9.2 million in settlement of claims against third parties related to environmental matters. The earnings in 2004 include other income of $1.6 million related to pre-tax gains on the sale of equipment.

Nucor is the nation’s largest recycler, using scrap steel as the primary material in producing our products. In 2006, we recycled over 21 million tons of scrap steel....