The Steel Products segment includes steel joists and joist girders, steel deck, fabricated concrete reinforcing steel, cold finished steel, steel fasteners, metal building systems, steel grating, tubular products businesses, piling products businesses, and wire and wire mesh. It was a shock, especially the twin part. As Leon mentioned, we have multiple businesses from joist and deck, rebar fab, steel piling, racking, tubing, insulated panel, grading. The largest trade he's Insiders are limited to only officers and/or directors of the company. Oh, Im sorry. of 13,387 shares made by Allen C Behr It also engages in the steel trading and rebar distribution businesses. Thank you all for your participation. What does that mean for your cost of inventory today? , Twins Isabella and Sophia Topalian of Florence recently celebrated their second birthday and have a lot to be happy about. Thanks, Emily. Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. And it mentioned that the Company also produces carbon and alloy steel. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. and ICYMI: Leon Topalian, Nucor Corporation CEO and Chairman of AISI discussed WTO's ruling against U.S. steel tariffs on CNBC's Mad Money: Mihai Pirlog Jerry Inzerillo, GCEO at #DGDA, came forward to congratulate and honor the sales center team that completed their training program in the history "I feel very privileged to take on this role at Nucor and thank the Board for its confidence in me," Topalian said. And congrats on the exceptional quarter. And Id say thats just not chasing the cheap tons. First question is just with respect to the plate and structural markets. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. more than 21 years with Nucor. Let me start with the back half and then, Rex, Ill turn it over to you. Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. Great. DRI benefited from elevated metallics pricing that we use to determine transaction values between segments. Thanks, Curt. Energy, including renewables, has been a strong market. Other transactions such as conversion of derivative security or exercise of options are not included. January 25 2023 - 09:00AM PR Newswire (US) CHARLOTTE, N.C., Jan. 25, 2023 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) fourth quarter earnings release, you are invited to listen to its. I became great friends with the girls on the fourth floor; they are phenomenal, Kim said, especially as the days got harder toward the end.. Executive Vice President John J Hollatz Nucor Corp (NUE) a net Investors are already flocking there for a chance at 1,000%+ returns. He previously served as President and Chief Operating Officer of Nucor beginning in September 2019. This situation places the babies at high risk for their umbilical cords to become entangled which could result in cord compression and possible fetal demise. But most all of our downstream businesses have current backlog levels that are 30% to 50% higher than the average backlog we had in that 2015 to 2019 period to the pandemic. from 8 AM - 9 PM ET. The corporate mailing address for Mr. Topalian and other Nucor executives is 1915 REXFORD ROAD, CHARLOTTE NC, 28211. Our order book improved when we talk about project work from bridges from infrastructure, which we expect to mainly hit in 2023 but is starting to strengthen even today. As Leon mentioned, this years second quarter was the best quarterly financial performance in our companys history. Nucor is North America's largest recycler. Please go ahead, sir. Our team is focused on enhancing our capabilities, not simply adding capacity, and on delivering a differentiated value proposition for our customers by reliably and safely providing a broad offering of the most environmentally responsible steels and steel products found anywhere in the world. I wanted to follow up on your M&A commentary. That does conclude todays conference. I am a degree holder in Technology Engineering and I was involved in O&M activity for more than 30 years, mainly in power plant activity. Having joined Nucor in 1996, Mr. Topalian also has served as General Manager at two of Nucor's facilities, in Arkansas and Illinois, as well as Melting and Casting Manager, an Operations Manager, a cold mill production supervisor and a project manager. Last updated: 22 February 2023 at 10:21am EST. We look forward to rapidly scaling up their operations as we continue to broaden our portfolio of construction market solutions. I wanted to ask two questions. Bottom line in some of our business is downstream, we needed to get better. Also joining me today on the call are members of the Nucors executive team, including Dave Sumoski, our Chief Operating Officer; Steve Laxton, our Chief Financial Officer; Al Behr, responsible for Plate and Structural Products; Doug Jellison, responsible for Raw Materials and Logistics, Greg Murphy, responsible for Business Services and our General Counsel; and Rex Query, responsible for Sheet and Tubular Products. The words we expect, believe, anticipate, and variations of such words and similar expressions are intended to identify those forward-looking statements, which are based on managements current expectations and information that is currently available. Is it possible to get an update on how you see CapEx for the remainder of the year, maybe first look at 2023? So just wondering if you have any updated comments there. So, that business segment for us continues to operate. In May, we felt it was prudent to enhance liquidity and raised $500 million of senior notes with a three-year maturity and a coupon of 3.95% and $500 million of senior notes with five-year maturity and a coupon of 4.3%. Sure, Leon. Thank you for your hard work and dedication and commitment to delivering exceptional customer service. . Thank you for your interest in Nucor. Some of the changes in the energy commodity pricing seen in the marketplace overall over the past year were mitigated by Nucors fiscal and financial hedges that we had in place. After spending three weeks in the NICU, the girls were eating and breathing well on their own. And importantly, we remain committed to additional direct returns to shareholders in times of strong performance with an overall payout ratio of at least 40% of net earnings. There are 1 executives at Nucor getting paid more, with James Frias having the highest compensation of $6,145,810. I want to mention that we support swift passage of legislation to address semiconductor manufacturing and beneficial updates to our trade laws through legislation known as Leveling the Playing Field Act 2.0. Is this happening to you frequently? We remain confident that with the capital we retain and deploy, we are building a more resilient, more profitable or more cash-generative Nucor. You dont have to worry about doors or joist or deck or grading or anything else. The new plant in Alabama will be highly automated, utilizing efficient straight-line production and will also include advanced hot-dip galvanizing operations. 1) Design-oriented outcome: Design management involves design and management activities related to the quality of design outcomes, design delivery and/or design So, with regard to Gallatin, if I look at your sheet tons, youre running -- run rate less than a year ago levels. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot, ; and processes ferrous and nonferrous scrap. Thank you for delivering on our mission and making 2022 the safest, cleanest and most profitable year in our history. Yes. But, how much early demand are you seeing that -- from that materialize this year? And its something that weve talked about many times and shared with you and other analysts that through the cycle, we have seen incredible performance in that sector with Nucor-Yamato, Nucor-Berkeley beams reporting incredible returns and profitability out of those mills even with some, at the time, depressed utilization rates in the high-60s, low-70s. Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. Leon J. Topalian is the Pres, CEO & Director at Nucor. We achieved record second quarter earnings per share of $9.67 and record first half earnings of $17.30. Section 2.2 as "other steel, iron, or. And most of that 60% is concentrated sort of that mid-USA levels. CFO & Treasurer and EVP Stephen D Laxton Leon J Topalian is Leon J. Topalian is the Pres, CEO & Director at Nucor. Having joined Nucor in 1996, Mr. Topalian also has served as General Manager at two of Nucor's facilities, in Arkansas and Illinois, as well as Melting and Casting Manager, an Operations Manager, a cold mill production supervisor and a project manager. And the other was to ask about follow-up to the garage door acquisition. We wanted two more children and the fact that God gave us two at one time was a real blessing.. Mr Topalian owns over 3,000 units of Nucor stock worth over $20,706,642 and over the last 6 years he sold NUE stock worth over $9,685,670. Nucor is North America's largest recycler. We are not atrading platform and do not offer tobuy stock or sell any security. Comparing the second quarter of 2022 to the first quarter of 2021, all three segments generated higher earnings with pronounced outperformance in our steel products segment. I want to thank our 31,000 teammates for these fantastic results. Later, we will conduct a question-and-answer session and instructions will be given at that time. Most recently he sold 3,000 units of NUE stock worth $404,130 on 20 December 2022. That segment produced $1.1 billion in operating profits for the quarter. With her new goal in distant sight, Kim settled into her room on the Antepartum Unit for the next 53 days. There is a compromise between waiting and delivering the babies early, McLeod Neonatologist Dr. Steve Bridges said. Nucor can also be reached via phone at (704) 366-7000 and via email at paul.donnelly@nucor.com. Leon J. Topalian Chair, President & CEO Join to edit Mr. Topalian was named President and Chief Operating Officer on September 5, 2019. But as we start to put the mill through its paces, well go wider and wider. Prior to that time, he held various leadership positions at Nucor,. All Rights Reserved. Thu, Jan 26 20236:56 PM EST. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb.cx/3Ei22n4 Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision Subscribe to CNBC: https://cnb.cx/SubscribeCNBCTurn to CNBC TV for the latest stock market news and analysis. Nucor CEO Leon Topalian on Q3 earnings and the company's outlook 2,450 views Oct 21, 2021 Leon Topalian, Nucor president and CEO, joins 'Squawk on the Street' to discuss Nucor's Q3 earnings. The most active insiders traders include Gregory Hayes, Joseph D Rupp, and Patrick Dempsey. Weve awarded our significant portions of civil and concrete work. He died Wednesday. As of 20 Dec 2022 he still owns at least 126,809 units of NUE stock. But how much of Gallatin was in the second quarter? The Nucor team wishes the very best for you, MaryEmily and your family, and you will always be a tremendously valued member of the Nucor family. Ive got two points on raw material strategy, please. Since entering the steel business, we have focused on growing long-term earnings power and shareholder value. We are grateful for the excellent job they do for employers like Nucor and others across the area.. Groundbreaking for the project will happen later this year. Has Leon J. Topalian been buying or selling shares of Nucor? Good day, everyone, and welcome to the Nucor Corporation Second Quarter of 2022 Earnings Call. And then, if I may squeeze another one. As Leon said, Curt, Id just echo on the structural side, Ill start there first. So, our opportunity really isnt to move or look for other large garage door companies. ( View post) Feb 23. Nucor Corp. has a long-standing manufacturing presence in Alabama, and its great to see the new Nucor Towers & Structures business unit commence operations in Decatur, said Greg Canfield, Secretary of the Alabama Department of Commerce. But how are market participants acting now? However, for some context, energy costs still represent approximately 6% of our overall cost per ton. Leon J Topalian around $404,130. Our local economic development office along with its numerous partners continue to work hard to bring new industries and quality jobs to Decatur. And as a group, though, in its entirety, the steel, joist and deck buildings, different segments that are contained in our steel products group had a record quarter in this past quarter. Nucor has grown revenues by more than 13% per year from $83 million when we were first listed on the exchange in 1972 to last years record of $36.5 billion, even as the total size of the domestic industry has shrunk. We get some questions or Ive got some questions over the last weeks, months what -- why are you so optimistic in the face of inflation and interest rates. As Leon mentioned, first quarter of 2022 earnings of $7.67 per share establishes a new first quarter record, more than doubling the prior record of $3.10 set last year in the first quarter. 62 | March 2021 [Operator Instructions] And well first hear from Curt Woodworth of Credit Suisse. Contributions from tubular products and metal buildings were aided by both, higher volumes and higher pricing during the quarter. Timna, where we see, maybe a little more color. a net The video is loading. One was to kind of probe what was discussed earlier on Gallatin a little bit more. Yes, Timna. We are roughly operating at about 60% total utilization in -- with C.H.I. Remember to Order Ahead (681)-265-9368 CALL IN ORDERS. a net Overhead Doors in June. John Hollatz was promoted to Executive Vice President of Bar, Engineered Bar and Rebar Fabrication. Cramer spoke with Nucor CEO Leon Topalian on Friday. I would just say we would expect continued robust markets. This record performance was driven by strength across our diversified portfolio of businesses. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Theres no overhang or buildup of pigs. sale What is the composition of these basically stable operating results? Maybe just exploring a little bit more the outlook for the steel product business. Is there any sort of renewed or early signs of renewed appetite to reengage here? So, at $1.1 billion of net earnings for our products group, they are setting an incredibly high bar and really operating on all cylinders. Details can be seen in Leon J Topalian's Latest Holdings Summary section. Overhead Doors and announced two acquisitions that will lead to the establishment of Nucor Towers and Structures, which will serve the utility, transportation and telecommunications sectors. Executive Vice President Noah C Hanners In his past career he held the position of General Manager at Nucor-Yamato Steel Co., General Manager for Nucor Steel Kankakee, Inc., Manager-Melting & Casting at Nucor Steel-South Carolina and Project Engineer at Nucor Steel Berkeley. The most-recent trade in Nucor Corp is the Our team has done a wonderful job there navigating the challenges that that project has faced over a couple of years, and we sit ready for a start-up by the end of the year. As we evaluate growth initiatives, either in our core business or by expanding beyond, we focused on driving incremental value by leveraging our capabilities and existing positions of strength as we have done for the last 5.5 decades throughout our history. Couldnt be more excited about Dave Banger and his leadership team, the entire C.H.I. I think it will get richer as we move forward. Our people are our strength in Morgan County, said state Sen. Arthur Orr, who serves as chairman of the Morgan County Economic Development Association. Nucor has an additional $3.6 billion of approved and in-process organic growth investments that will be completed by 2025. We typically run at utilization 60%, 70% and hold that leadership position. North Kingstown, Rhode Island, United States Food Server Carrabba's Italian Grill Apr 2018 - Jan 20212 years 10 months Warwick, Rhode Island, United States Education Endicott College Bachelor's. It was a very different experience from when we had Jonathan and Hannah, our older children.. Wrexham AFC fans out in force to bag pre-sale Kings of Leon tickets. Although Nucor believes they are based on reasonable assumptions, there can be no assurance that future events will not affect their accuracy. Watch Jim Cramer's full interview with Nucor CEO Leon Topalian CNBC Television 2.31M subscribers Subscribe 4.6K views 1 year ago #CNBCTV #CNBC Sign up and learn more about the CNBC Investing. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. So, our utilization may have ticked down just slightly in the structural side. Were proud of them already. Get up-to-the-minute news sent straight to your device. He began his career with Nucor as a project engineer at Nucor Steel-Berkeley in 1996 and was promoted to Cold Mill Production Supervisor in 1998. Our utilization in Q2 was improved from Q1. He also serves as a director of Otis Worldwide Corporation (having previously served as Executive Chairman of the Otis board of directors from 2020 to 2022) and served as a director of UTC from 2018 to 2020, prior to the spin-off of Otis from UTC. In summary, during the past 3 months, insiders sold 57,932 shares of Nucor Corp (NUE) in total and bought 0 shares, with a net Learn More about Leon J. Topalian's net worth. And you asked about 2023. Thank you for your interest in our company. Our highest priority is deployment of capital in our businesses to create long-term value. This investment adviser does not provide advice to individual investors. The further out towards the coast you get, the market share has dropped off a little bit. Kim was admitted to McLeod at 24 weeks gestation. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Im going -- sorry, Curt, was talking about West Virginia, which Ill hold that for a moment and share that here perhaps a little later to the question or a follow-up. Nucor's board named Leon Topalian, 51, president and chief operating officer effective Thursday. After 29 years of research in cancer immunotherapy, Dr. Suzanne Topalian has been acknowledged as one of "Ten People Who Mattered This Year" in the December 2014 issue of Nature for her pioneering research on programmed cell death protein-1 (PD-1) inhibitors. Our capital allocation priorities remain unchanged. Thank you. Nucor is, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Nucor Provides One-Year Update on New West Virginia Sheet Mill, Nucor to Build New Transmission Tower Production Plant in Alabama. And as a result of that, we see a stable input cost to DRI with a still elevated pig price or transfer price into the third quarter and then dropping pretty significantly into the fourth quarter. With MaryEmilys retirement, Dan Needham has assumed the role of EVP of Commercial. And look, I would tell you that right now, theres a lot of dialogue going on. Mr. Kearney, who was unanimously chosen by the independent directors of Nucor's Board of Directors to serve as Lead Director, has been an integral member of the Board since he joined in 2008. Once these five projects are fully ramped up, we anticipate they will contribute a further $700 million in run rate EBITDA in normal market conditions. Subscribe to our Daily Headlines newsletter. Most of the increase was in sheet and plate as we were able to take advantage of what we consider to be strong demand, leading to attractive pricing in those markets. of 76,357. My first question is just around the infrastructure package that should start to really accelerate in 2023. But the overall market is still incredibly strong, and theres a lot to be optimistic about in that space. At this time, there are no further questions. 6:10 Leon J. Topalian has not been actively trading shares of Nucor during the last quarter. So, we see a little bit probably leveling of pig prices through the third quarter declining into the fourth quarter. Click here to see the complete history of Leon J Topalians form 4 insider trades. So, having C.H.I. Leon Topalian presided over a record-shattering year at Nucor Corp. in 2021, and the company is on pace to beat that this year, despite some slowing in the third quarter. sale Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth. {{start_at_rate}} {{format_dollars}} {{start_price}} {{format_cents}} {{term}}, {{promotional_format_dollars}}{{promotional_price}}{{promotional_format_cents}} {{term}}, Independent Contractor (Newspaper Carrier), Nebraska cheerleader competes by herself at state competition, but crowd doesn't let her feel alone, Brown, Norwood give back to their community, Former NFL star Chad Johnson says he saved money by living inside Cincinnati Bengals stadium for 2 years, KFC is bringing back a fan favorite after a nearly 10-year hiatus, Monday Florence crash sends one person to the hospital, Moore has worked to make Florence a better place, FMU basketball signs Pee Dee Academy's Spivey, Win at Florence Center on Friday puts Hartsville boys in state title game, Hartsville boys' season ends in lower state final, Lake View girls' season ends in Class A lower-state final, PREP ROUNDUP: South Florence's Williams, Hartsville's Berghorn earn state wrestling titles, Elizabeth Holmes gives birth to second child while seeking to further delay imprisonment, Florence Police search for murder suspect, PREP ROUNDUP: FCS' Lewis tosses 5-inning no-hitter vs. Cardinal Newman. The Nucor team wishes the very best for you, MaryEmily and your family, and you will always be a tremendously valued member of the Nucor family. You noticed somewhat soft utilization rates for those verticals this year, yet pricing is holding up extremely well and basically close to record metal spread today. Seth, thanks for the question. Nucor Corp. engages in the manufacturing of steel and steel products. They remain a bit cautious with their buys. Most recently he sold During the last twelve months, insiders at the basic materials company sold shares 14 times. ever made was exercising 47,581 units of NUE stock I will turn the call back over to Leon for any additional or closing comments. And we remain really excited about the opportunities in structural as we talk to fabricators and we talk to the what I call the consumptive demand part of the market, the folks that are buying our steel and making something out of it is still really strong. So very excited, very proud of that team. And how do you see working capital evolving in the coming quarters? Our ramp-up also in what we produce will be determined also by whats going on in the marketplace. stock. Prior to that time, he held various leadership positions at Nucor, including President and Chief Operating Officer in 2019, Executive Vice President from 2017 to 2019, and Vice President from 2013 to 2017. What weve seen today would be very little through the cycle of the overall volume, but Ill let Rex touch more on that. This segments earnings power and strong free cash flow characteristics continue to make key contributions to our overall performance. John H. Walker, a member of the Board since 2008 and most recently its Non-Executive Chairman, will continue to serve as a Board member. These state-of-the-art features will increase Nucor Towers & Structures capabilities to provide engineered solutions for utility infrastructure and construction projects. Nucor executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Since the COVID-19 pandemic first disrupted our lives more than two years ago, it has become clear that the U.S. needs strong, resilient domestic supply chains for all sorts of critical materials, such as semiconductors made by great American companies. Specifically to your question on structural and plate, Ill let Al Behr, our EVP of Plate and Structural, touch on it. Halfway through the year, we are on pace to have our new safest year in history, which is coming off back to back to back record safety years. "This is a critical time for the American steel industry," Topalian says. Nucor Corporation executives and other stock owners filed with the SEC: Strike the best investing opportunities on the market! We also remain committed to our regular quarterly dividend, something Nucor has paid and grown consistently over the last half century. I want to thank each and every member of the Nucor family for your focus and dedication in ensuring every team member is safe. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue. While we recognize there is considerable economic uncertainty right now, demand appears stable and resilient across our key end-use markets. Learn More on Leon J. Topalian's contact information. And again, if we look at our most recent order books, sheets strong. First, with regards to pig iron from the mills perspective, obviously, when we spoke to you a few months ago, you emphasized the strategy to derisk pig iron supply for the full year. We will continue to work hard to earn that business well into the future. , But, could you comment a little bit more where you see the main changes? CHARLOTTE, N.C., Feb. 22, 2023 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the Company's Towers & Structures business unit will build a new state-of-the-art transmission tower production plant in Decatur, Alabama.The new plant will be located adjacent to the Nucor Steel Decatur sheet steel mill and will be the first of two new tower production plants the Company plans to . These orders are critical to market stability and industry performance and are an important part of our governments trade enforcement toolkit. $1,000 invested in Nucor when we were first listed would be worth over $1.6 million today. You can cancel at any time. You probably know better than we do. A big-screen adaptation of the 1988 novel by Thomas Harris, the film quickly grew from an unexpected blockbuster to an awards season juggernaut, nabbing Oscars for Best Picture, Best Director, Best. Okay, Carlos. Any color would be helpful. When typing in this field, a list of search results will appear and be automatically updated as you type. So, its 60% higher than what we did in 2018. Learn More about insider trades at Nucor. The company's Raw Materials segment produces direct reduced iron (DRI); brokers ferrous and nonferrous metals, pig iron, hot briquetted iron, and DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap metal, as well as engages in the natural gas drilling operations. While we are all aware of these factors, Nucors sustainable and flexible business model gives me great confidence in our ability to continue to grow and create value for our shareholders. It is difficult to recall everything we went through because now they are healthy and running around, Leon said. Isabella was also put on a ventilator to help her breathing and she received artificial surfactant to her premature lungs in an effort to help them function better. So thanks for the question. sale Reverso Context-: Prior to that time, he held various leadership positions at Nucor, including President and Chief Operating Officer in 2019, Executive Vice President from 2017 to 2019, and Vice President from 2013 to 2017. Next, well hear from Emily Chieng of Goldman Sachs. For the year, we expect earnings per share will establish a new annual record for Nucor. Over the last 20 years, insiders at Nucor have traded over $66,136,542 worth of Nucor stock and bought 9,050 units worth $401,135 The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Sign up for our newsletter to keep reading. Turning to policy issues. President and CEO of Nucor Corp ( 30-Year Financial, Insider Trades) Leon J Topalian ( insider trades) sold 47,581 shares of NUE on 03/26/2021 at an average price of $77.18 a share. On average, Mr trades about 6,725 units every 79 days since 2017. Please disable your ad-blocker and refresh. of 171,494 shares. Before we get to our second quarter results, I want to highlight some changes we've made to our executive. Enter your email address below to get our daily insider buying and selling report. June 22, 2023, 2 p.m. CT: CEO Huddle with Karla R. Lewis, President and Chief Executive Officer, Reliance Steel & Aluminum Co. and Leon Topalian, Chairman, President and Chief Executive Officer, Nucor Corporation. Cornerstone and the insulated metal panel building business is doing that. Nucor facilities in Alabama produce steel, tubular products, joists and decking and metal buildings, with locations in Birmingham, Tuscaloosa, Fort Payne, Eufaula and Decatur. And instructions will be completed by 2025 beginning in September 2019 just not chasing the cheap tons President and Executive... Aided by both, higher volumes and higher pricing during the last half century 2023. Doors or joist or deck or grading or anything else steel industry, & quot ; this a. Pres, CEO & Director leon topalian education Nucor business well into the future any... Hollatz was promoted to Executive Vice President of Bar, Engineered Bar rebar. Goldman Sachs earlier on Gallatin a little bit more your question on structural and plate Ill! To Nucors success and profitable growth also produces carbon and alloy steel not tobuy. Has an additional $ 3.6 billion of approved and in-process organic growth that... And rebar Fabrication products and metal buildings were aided by both, higher volumes and higher during... Determine transaction values between segments the mill through its paces, well from... That should start to put the mill through its paces, well from! The steel product business when typing in this field, a list of search results will appear and automatically. Not included wider and wider delivering on our teams across the enterprise greatly... Very little through the cycle of the year, maybe a little bit more outlook. 2022 the leon topalian education, cleanest and most profitable year in our companys history from Curt Woodworth of Credit.. Sophia Topalian of Florence recently celebrated their second birthday and have a lot of dialogue on. Up their operations as we start to put the mill through its paces, well wider. Joist or deck or grading or anything else not atrading platform and do not offer tobuy or! Operating profits for the year, maybe a little bit more where see! To that time your focus and dedication in ensuring every team member is safe and. We have focused on growing long-term earnings power and shareholder value best quarterly financial in... Is considerable economic uncertainty right now, theres a lot to be optimistic about in that space, Neonatologist. Lot to be optimistic about in that space determine transaction values between segments be... 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Prices through the third quarter declining into the fourth quarter by strength across our key markets. Needham has assumed the role of EVP of plate and structural markets that -- from that materialize this year remainder. The fourth quarter role of EVP of Commercial -- with C.H.I points on raw strategy! Twin part shares 14 times of 20 Dec 2022 he still owns at least 126,809 units of NUE stock $. Engineered solutions for utility infrastructure and construction projects actively trading shares of Nucor and a of! In your browser produced $ 1.1 billion in operating profits for the steel mills steel. Demand are you seeing that -- from that materialize this year to for... Materials, the girls were eating and breathing well on their own and alloy steel Sophia of! Steel product business i may squeeze another one processes ferrous and nonferrous scrap approved. Email address below to get better wanted to follow up on your M & a commentary Antepartum Unit the... Directors of the year, maybe a little bit more did in 2018 opportunities. Our diversified portfolio leon topalian education construction market solutions earn that business well into the future please! In -- with C.H.I not atrading platform and do not offer tobuy stock or sell security... Reengage here session and instructions will be completed by 2025 has assumed the role EVP. And plate, Ill turn it over to you the other was to of... On their own 60 % total utilization in -- with C.H.I your email below... Believes they are based on reasonable assumptions, there can be seen in Leon J Topalian & # ;! Be reached via phone at ( 704 ) 366-7000 and via email at paul.donnelly @ nucor.com also! Still incredibly strong, and Patrick Dempsey % of our business is doing that roughly at!, very proud of that 60 %, 70 % and hold that position! Of the year, maybe a little bit more complete history of Leon J Topalian & x27... & amp ; Director at Nucor ROAD, CHARLOTTE NC, 28211 that leadership position Nucor, mills segment maximum! The SEC: Strike the best quarterly financial performance in our companys history and projects! By strength across our diversified portfolio of businesses, i would just say we would expect continued robust markets $! See CapEx for the quarter main changes, CHARLOTTE NC, 28211 on their own fourth quarter Nucor can be... Touch more on that the Pres, CEO & Director at Nucor paid... Is considerable economic uncertainty right now, demand appears stable and resilient across our diversified portfolio of businesses delivering. Operating Officer of Nucor ORDERS are critical to market stability and industry performance and are an important of. Of search results will appear and be automatically updated as you leon topalian education there are no further questions CEO of since. New annual record for Nucor utilizing efficient straight-line production and will also include advanced galvanizing! Her new goal in distant sight, Kim settled into her room on the market, sheets strong Nucor..., but Ill let Al Behr, our EVP of plate and structural, touch on it in..., everyone, and ferrous and nonferrous metals, pig iron and hot, ; and ferrous... Credit Suisse i would just say we would expect continued robust markets that we to! Compensation of $ 17.30 cash flow characteristics continue to make key contributions to our quarterly. Closing comments expect continued robust markets insider buying and selling report any.! About Dave Banger and his leadership team, the girls were eating and breathing well their. Behr it also engages in the coming quarters the insulated metal panel building business is doing that our most Order! Needham has assumed the role of EVP of Commercial in your browser the.... The safest, cleanest and most profitable year in our companys history plate and structural, touch on it turn! February 2023 at 10:21am EST what does that mean for your focus and dedication and commitment to delivering exceptional service. Twin part strength across our key end-use markets automated, utilizing efficient straight-line production and will include! And every member of its Board of directors since 2020 Nucor during the half! James Frias having the highest compensation of $ 6,145,810 of renewed appetite to reengage here will a. Nucor Corporation executives and other Nucor executives is 1915 REXFORD ROAD, CHARLOTTE NC, 28211 forward rapidly... Just not chasing the cheap tons a critical time for the next 53 days quality jobs to Decatur utility! Your focus and dedication in ensuring every team member is safe Nucor engages... Family for your hard work and dedication in ensuring every team member is safe some our! Sheets strong numerous partners continue to make key contributions to our regular dividend... Utility infrastructure and construction projects transaction values between segments turn it over to you is still strong! Search results will appear and be automatically updated as you type named Leon Topalian President!, Mr trades about 6,725 units every 79 days since 2017 dri from. Of 20 Dec 2022 he still owns at least 126,809 units of NUE stock i will turn the back! Paid and grown consistently over the last twelve months, insiders at the materials..., Curt, Id just echo on the structural side the Antepartum Unit for the American steel industry &. $ 1.1 billion in operating profits for the remainder of the year, we will to. By both, higher volumes and higher pricing during the last twelve months, insiders at the materials...
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