Can Nucor's good performance be attributed to an "industry effect"? Using the Five Forces framework, what was the average profitability of the steel industry in 1986? Nucor seemed to perform better than its rivals, especially integrated steelmakers. What internal resources and capabilities could explain this superior performance? Focus on two main resources and capabilities. Can these resources and capabilities be replicated by its rivals in the next 5 years? Explain. Based on your reading of the case and our class discussion, would you advise Ken Iverson, Nucor CEO, to adopt the SMS's CSP process (thin-slab casting)? Use information from the case to support your