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April 2007

Nucor acquires over 96% of Harris Steel Group Inc. shares

Nucor Corporation (Nucor) and Harris Steel Group Inc. (Harris Steel) announced that 25,998,212 common shares of Harris Steel, including shares deposited by guaranteed delivery, were deposited to the offer (Offer) made by a wholly owned indirect subsidiary of Nucor, to acquire all of the issued and outstanding common shares of Harris Steel for C$46.25 in cash per Harris Steel common share.

All of the conditions of the Offer were satisfied prior to the expiration of the Offer, and Nucor has taken up all of the Harris Steel common shares that were validly deposited to the Offer.

Payment for such Harris Steel common shares in the amount of C$1,202,417,305 is expected to be made no later than March 7, 2007.

Nucor now owns 25,998,212 common shares of Harris Steel or over 96% of the issued and outstanding common shares of Harris Steel.

Nucor intends to exercise its right to acquire the remaining Harris Steel common shares by means of a statutory compulsory acquisition under Section 188 of the Business Corporations Act (Ontario).

Upon completion of the steps to acquire the remaining outstanding Harris Steel common shares, Nucor intends to delist the shares from the Toronto Stock Exchange and to cause Harris Steel to cease to be a reporting issuer.


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