What driving forces do you see at work in this industry

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Nucor

1. What are the primary competitive forces impacting U.S. steel producers in general and the producers like Nucor that make new steel products via recycling scrap steel in particular? Please do a five-forces analysis to support your answer.

2. What driving forces do you see at work in this industry? Are they likely to impact the industry's competitive structure favorably or unfavorably?

3. How attractive are the prospects for future profitability of U.S. steelmakers? Should Nucor consider expanding in this type of industry environment? Why or why not?

 4. What type of strategy has Nucor followed? Which of the five generic strategies discussed in Chapter 5 is Nucor employing? Is there any reason to believe that Nucor has achieved a sustainable competitive advantage over many of its steel industry rivals in North America? If so, what type of competitive advantage does Nucor enjoy?

This answer must be professionally done(typed,1" margins,11 or 12 font,double space,etc.)And I need it befor 11:50pm.Please do it as son as possible. Thanks a lot!

Reference no: EM131600121

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