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Exhibit 99.1 News Release NUCOR® Nucor Reports Record Quarterly Earnings for the Second Quarter of 2021 CHARLOTTE , N.C. – July 22 , 2021 - Nucor Corporation ( NYSE : NUE ) today announced record quarterly consolidated net earnings of $ 1.51 billion , or $ 5.04 per diluted share , for the second quarter of 2021. By comparison , Nucor reported consolidated net earnings of $ 942.4 million , or $ 3.10 per diluted share , for the first quarter of 2021 and $ 108.9 million , or $ 0.36 per diluted share , for the second quarter of 2020 . In the first six months of 2021 , Nucor reported consolidated net earnings of $ 2.45 billion , or $ 8.13 per diluted share , compared with consolidated net earnings of $ 129.2 million , or $ 0.42 per diluted share , in the first six months of 2020 . " Nucor's second quarter earnings of $ 5.04 per diluted share marks the highest quarterly earnings in the Company's history . Additionally , first half earnings of $ 8.13 per diluted share exceeds our full year diluted earnings per share record of $ 7.42 set in 2018. We expect to set a new record for quarterly earnings in the third quarter of 2021 as demand remains robust and virtually all the steel end use markets that we monitor are growing , " said Leon Topalian , Nucor's President and Chief Executive Officer . " We are thankful to our customers and grateful for the strategic partnerships and successes we've achieved together . Congratulations to our teammates for all you do to make these outstanding results possible . " Selected Segment Data Earnings ( loss ) before income taxes and noncontrolling interests by segment for the second quarter and first six months of 2021 and 2020 were as follows ( in thousands ) : Three Months ( 13 Weeks ) Ended July 3 , 2021 Six Months ( 26 Weeks ) Ended July 3 , 2021 Steel mills Steel products Raw materials Corporate / eliminations July 4 , 2020 July 4 , 2020 $ 2,174,807 $ 150,424 $ 3,489,781 $ 306,930 259,330 152,874 471,142 315,433 120,143 ( 528,532 ) ( 1,389 ) 343,378 ( 9,300 ) ( 120,852 ) ( 980,307 ) ( 285,709 ) $ 2,025,748 $ 181,057 $ 3,323,994 $ 327,354 The steel mills segment and the steel products segment both set a record for the highest quarterly earnings before income taxes and noncontrolling interests in the second quarter of 2021 . Financial Review Nucor's consolidated net sales increased 25 % to $ 8.79 billion in the second quarter of 2021 compared with $ 7.02 billion in the first quarter of 2021 and increased 103 % compared with $ 4.33 billion in the second quarter of 2020. Average sales price per ton in the second quarter of 2021 increased 20 % compared with the first quarter of 2021 and increased 49 % compared with the second quarter of 2020. A total of 7,482,000 tons were shipped to outside customers in the second quarter of 2021 , a 4 % increase from the first quarter of 2021 and a 37 % increase from the second quarter of 2020. Total steel mill shipments in the second quarter of 2021 Page 1 of 9 Nucor Executive Offices : 1915 Rexford Road , Charlotte , North Carolina 28211 Phone 704-366-7000 Fax 704-362-4208 www.nucor.com