SUBSEQUENT EVENT

9 Months Ended

Sep. 29, 2012

SUBSEQUENT EVENT

19. SUBSEQUENT EVENT: On October 31, 2012, a subsidiary of Nucor entered into a carry and earning agreement with Encana Oil & Gas (USA) Inc. under which Nucor will acquire an undivided 50% working interest in certain onshore natural gas wells in the continental United States to be drilled and operated by Encana. Nucor expects to invest approximately $542 million over the next three fiscal years and approximately $3.64 billion over the estimated 13 to 22 year term of the agreement.