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Subsequent Events
12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

26. Subsequent Event


         On February 1, 2022, Nucor acquired a majority ownership position in California Steel Industries, Inc. (“CSI”) by purchasing a 50% equity interest from a subsidiary of Vale S.A. for a cash purchase price of $400 million, adjusted for net debt and working capital at closing, as well as a 1% equity ownership stake from JFE. CSI is a flat-rolled steel converter with the capability to produce more than two million tons of finished steel and steel products annually. The company has five product lines, including hot rolled, pickled and oiled, cold rolled, galvanized and electric resistance welded pipe. Key end-use markets served by CSI include customers in the construction, service center and energy industries.