Berkshire Hathaway Invests in Nucor: Why This Steelmaker Could Be a Great Long-Term Investment

Berkshire Hathaway has invested in Nucor, a North American steelmaker, which is a Dividend King. Nucor is attractive due to its use of electric arc mini-mills, allowing for flexibility in steel demand and stronger margins throughout the steel cycle. The steel sector is currently soft, leading to lower stock prices. Berkshire Hathaway's investment in Nucor could be a sign to consider investing in this steelmaker.