Nucor Corporation and its affiliates (Nucor) manufactures steel and steel products. The Company also produces direct reduced iron (DRI) for use in the Company's steel mills. The Company's operations include several international trading companies that buy and sell steel and steel products manufactured by the Company and others. In 2012, it recycled approximately 19.2 million tons of scrap steel. In May 2012, ArcelorMittal announced the sale of its steel foundation distribution business in NAFTA, namely Skyline Steel and Astralloy (Skyline Steel) to Nucor. The transaction includes 100% of ArcelorMittal's interest in Skyline Steel's operations in the NAFTA countries and the Caribbean.In June 2012, the Company acquired Skyline Steel LLC and its subsidiaries. In August 2012, the Company completed the sale of the assets of their Nucor Wire Products Pennsylvania facility located in New Salem, Pennsylvania, to an affiliate of Wire Mesh Corporation.