"I am honored to have been chosen by my fellow directors to serve as Lead Director of the Board and welcome the opportunity to serve the Board and all Nucor teammates in this new role," Kearney said. On average, Mr trades about 6,725 units every 79 days since 2017. 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. You might contact Leon J Topalian via mailing address: 1915 Rexford Road, Charlotte Nc 28211. Thanks, Leon. You probably know better than we do. . Now, the other piece of that, when we look at Nucor buildings group, the Nucor buildings group does roughly about 10,000 buildings annually, just our Nucor buildings group. 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. What is the composition of these basically stable operating results? Just trying to square that with the volumes being lower year-over-year. Executive Vice President Engineered Bar Products and Fabricated Construction Products, Chief Financial Officer, Treasurer & Executive Vice President. Hey. It is difficult to recall everything we went through because now they are healthy and running around, Leon said. 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. Topalian takes over the role from John Brett, CEO of ArcelorMittal North America, who has chaired AISI since March 2020. The "King Of Quants" sees 10X potential Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. of 48,302 shares made by D. Chad Utermark But equally, that drop in 19% for 2023 is 60% higher than what we saw our previous record year, which was 2018 prior to 2021. And youd asked about working capital. Her parents moved into the Topalians home in Florence to take care of the household while Leon was in Charlotte for work during the weekdays. We are excited to launch our expansion of this new Nucor business in the State of Alabama.. Our metal margins decreased by about 5% from the first quarters $941 per ton to a still robust $895 per ton. Through her own research and in talking with her physicians, Kim discovered that monoamniotic twins have a higher success rate if the mother can be hospitalized and monitored at 24 weeks development. , We are the leading structural manufacturer in the United States. And automotive is a good example. Nucor's insider roster includes Allen Behr (EVP), Craig Feldman (EVP), James Frias (CFO), Douglas Jellison (EVP), Michael Keller (Insider), Raymond Napolitan, Jr. (EVP), Daniel Needham (EVP), Kenneth Query (EVP), MaryEmily Slate (EVP), David Sumoski (COO), Leon Topalian (CEO), and D. Utermark (EVP). 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. Nucors tremendous growth in profitability and market value over the past five decades has been fueled by our decision back then to expand upstream into steelmaking. Leon J. Topalian: CEO Pay $11,618,019: Median Employee Pay $142,635: CEO Pay Ratio 81:1: Board of Directors in NUCOR CORP. For its 2021 fiscal year, NUCOR CORP, listed the following board members on its annual proxy statement to the SEC. Today, Expand Beyond is a disciplined strategy for profitable growth and value creation, just as our expansion into steelmaking was 50 years ago. 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. And Q2, we saw much of the same. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. Bottom line in some of our business is downstream, we needed to get better. Nucor is working hard to ensure that they all remain in place. If we just look, for example, at the warehousing space, forecast by Dodge for 2023 is down about 19%. And then, you think about the rest of the warehousing space with companies like Amazon, the Gigafactories, the chip factories, and hopefully, well see that pass here in Washington D.C. and the CHIPS Act and that incentive package supported to build an onshore and reshore American manufacturing. , Enter your email address below to get our daily insider buying and selling report. I look forward to working closely with Chris and the rest of Board to continue to build on Nucor's success.". "I want to thank John for his numerous contributions to Nucor. Wrexham AFC fans out in force to bag pre-sale Kings of Leon tickets. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. This net worth estimate does not reflect any other investments that Mr. Topalian may own. 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. The largest trade he's ever made was exercising 47,581 units of NUE stock on 26 Mar 2021. Cision Distribution 888-776-0942 The shares were sold at an average price of $134.71, for a transaction totalling $404,130.00. 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. Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. Nearly 150,000 sets of twins are born each year. ASU student authors, illustrates superhero comic book. Operator, were now ready to take questions. Leon J. Topalian Chair, President and Chief Executive Officer + Stephen D. Laxton Chief Financial Officer, Treasurer and Executive Vice President + David A. Sumoski Chief Operating Officer + Al Behr Executive Vice President Plate and Structural Products + Noah Hanners Executive Vice President Raw Materials + John Hollatz Executive Vice President I wanted to ask two questions. Click here to see the complete history of Leon J Topalians form 4 insider trades. "Nucor CEO to retire, and his successor comes from inside the steel company", https://en.wikipedia.org/w/index.php?title=Leon_Topalian&oldid=1055515771, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 November 2021, at 09:04. As of 20 Dec 2022 This is a game-changing mill in the U.S. plate market that will firmly establish us as the market leader in plate. So, you can back into roughly $1 billion for the second half of the year. GuruFocus.com is not operated by a broker or a dealer. Nucor is, https://www.prnewswire.com/news-releases/nucor-announces-leon-j-topalian-as-chair-of-the-board-of-directors-names-christopher-j-kearney-lead-independent-director-301625534.html, UPDATE 1-London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR stake, S.Africa's MultiChoice and Comcast to create Africa-wide streaming service, UPDATE 1-Metro Bank flags limited growth in 2023 net interest margin, Metro Bank flags limited growth in 2023 net interest margin, London Stock Exchange Group posts steady 2022 earnings, eyes buyback on Blackstone/TR stake. All equipment is being commissioned at this point. We are not atrading platform and do not offer tobuy stock or sell any security. But its certainly not without looking as well as some of the headwinds that are coming from an economy standpoint in the marketplace of interest rates and inflation. Thanks, Leon. So just a big shout-out to all of our downstream product groups. What is the salary of Mr Topalian? 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. We have world-class manufacturing talent, and we are making the right investments to continue our track record of outperformance. on 26 Mar 2021. Mr. Leon J. Topalian has made 14 insider trades between 2017-2022, according to the Form 4 filled with the SEC.Most recently he sold 200 units of NUE stock worth $26,947 on 20 Dec 2022.. Flow Media s.r.o. Soon enough Kim had reached her second goal: 32 weeks. Nucor is North America's largest recycler. Overall, our steel products segment continues to benefit from strong nonresidential construction demand. from 8 AM - 9 PM ET. Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. , Following the completion of the sale, the chief executive officer now directly owns 126,809 shares of the company's stock, valued at $17,082,440.39. When typing in this field, a list of search results will appear and be automatically updated as you type. We are very excited to be building this new tower production plant in Alabama, where Nucor has a long history and presence throughout the state, said Leon Topalian, Chair, President and CEO of Nucor Corp. As Americas most diverse industrial manufacturer of steel products, we will be able to efficiently supply this new plant, helping to ensure that our nations critical energy and digital infrastructure is built with the cleanest, most sustainable steel in the world.. "I want to thank John for his numerous contributions to Nucor. CHARLOTTE, N.C., Sept. 15, 2022 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its President and Chief Executive Officer, Leon J. Topalian, has assumed the additional role. As far as the DRI, we adjust our DRI transfer price monthly. "This is a critical time for the American steel industry," Topalian says. Nucor Corp manufactures steel and steel products. And in May, the State of West Virginia approved the air quality permit for our new sheet mill in Mason County. Maybe just exploring a little bit more the outlook for the steel product business. Thank you for delivering on our mission and making 2022 the safest, cleanest and most profitable year in our history. Hannibal Industries is in doing that. And next, well hear from Seth Rosenfeld of BNP Paribas. CFO & Treasurer and EVP Stephen D Laxton And most of that 60% is concentrated sort of that mid-USA levels. Chad Utermark, who was over our EVP of our Products Group and now moving into New Markets. 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. The Raw Materials segment consists of direct reduced iron, and ferrous and nonferrous metals. At that time, we just operated one steel mill, which was Nucor Steel Darlington. But I want to remind you how strong those highs were. 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. This will be the cleanest offshore-powered steel that exists in the world, and we stand in a perfect position to serve that market. Most recently he sold Our ramp-up also in what we produce will be determined also by whats going on in the marketplace. I mentioned our reliance on pig is half of this year what it was last year. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. 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. 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. This is Steve. Remember to Order Ahead (681)-265-9368 CALL IN ORDERS. The forward-looking statements made in this conference call speak only as of this date, and Nucor does not assume any obligation to update them, either as a result of new information, future events or otherwise. 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. This is a great company with a great reputation for working with us to make Morgan County a better place to live. And thats how were thinking about it as we move forward and the types of businesses Chad will be responsible for in the Expand Beyond category. And heres why. Ill speak first -- well speak about the first half of the year. So, you have an opportunity -- or we have an opportunity to really grow that business with what we have today. And so the Live the Culture piece is easy. About NucorNucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. today. or piling accessories was added to new to the 2022 Code. he still owns at least 126,809 units of NUE stock. We also remain committed to our regular quarterly dividend, something Nucor has paid and grown consistently over the last half century. Yes. As part of this reorganization, Chad Utermark has been appointed to the newly created role of Executive Vice President of New Markets and Innovation. 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. Learn More on Leon J. Topalian's contact information. Mr Topalian is 53, he's been the Pres and CEO & Director of Nucor since . So, now that the outage is complete, equipment is installed, our run rate will ramp up, and were putting the equipment through its paces. So, if you look at the group -- if you took the first half of the year, we were running at a utilization above the 80% mark as a group. Above is the net worth, insider trading, and ownership report for Leon J Topalian. They remain strong with strong backlogs. Nucor Corporation executives and other stock owners filed with the SEC: Strike the best investing opportunities on the market! sale 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. The most recent stock trade was executed by Gregory J Murphy on 26 October 2022, trading 3,000 units of NUE stock currently worth $411,870. Mr. Topalian owns 126,809 shares of Nucor stock worth more than $21,651,369 as of March 1st. Over his 23-year Nucor career, he has served in our Joist and Deck, Building Systems and Flat-rolled businesses. Congress must get this important bipartisan priority across the finish line. Match case Limit results 1 per page. I know you said that you were looking to shore up maybe more overhead garage stores to kind of get more critical mass like you did with the tubulars -- structural tubing in the past. of 171,494 shares. Mr. Leon J. Topalian has made 14 insider trades between 2017-2022, according to the Form 4 filled with the SEC. Yes. Good day, everyone, and welcome to the Nucor Corporation Second Quarter of 2022 Earnings Call. Leon J. Topalian Chair, President, and Chief Executive Officer Stephen D. Laxton Chief Financial Officer, Treasurer, and Executive Vice President David A. Sumoski Chief Operating Officer Gregory J. Murphy General Counsel and Executive Vice President - Business Services John Hollatz So, a big shout-out to the team and a thank you. So again, thank you, Chad. You dont have to worry about doors or joist or deck or grading or anything else. Chad, why dont you just kind of break through a little bit of that split and how thats looking, whats our forecasting into Q3 and Q4? The most-recent trade in Nucor Corp is the Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot, ; and processes ferrous and nonferrous scrap. 4 insider transaction in Nucor Corp (NUE) with a net John J. Ferriola retired at the end of 2019, and was succeeded by longtime Nucor executive Topalian as CEO and president from January 2020.[1]. Thank you. 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. Mr. Kearney was also director of Polypore International, Inc. from 2012 to 2015. Mr. Kearney has served in various positions at SPX FLOW, Inc. (a spin-off of SPX Corporation) from 2015 to 2017 (including as Non-Executive Chairman of its board of directors and as Chairman, President and Chief Executive Officer) and SPX Corporation from 1997 to 2015 (including as its Chairman, President and Chief Executive Officer, Vice President, Secretary and General Counsel and as a member of the board). Leon joined Nucor in 1996 as a project engineer at Nucor Steel - Berkeley in Huger, South Carolina and was promoted to Cold Mill Production Supervisor in 1998. "These changes reflect the thoughtful, planned transition of leadership at Nucor.". We are so excited to welcome our new team members into the Nucor family. And were not done. And so, again, there are some things I think that will begin to loosen up and break loose in the back half of this year and well into 23 that will help in addition to the infrastructure, like getting a bit more caught off on the chips and as Al mentioned, the offshore wind. 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. Describe your leadership style and how you put it into action within your organization. Let me start off with our steel products businesses. Certain statements made during the conference will be forward-looking statements that involve risks and uncertainties. However, for some context, energy costs still represent approximately 6% of our overall cost per ton. Yes. Once in the hospital, the couple and Kims physicians decided that they would deliver by caesarean section if she made it to 32 weeks. 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 what we saw President Biden recently announced an executive orders yesterday, that will continue to position Nucor well, will position Nucors plate group and particularly Brandenburg, and an incredible value-add opportunity for our customers. a net But our market share position remains strong. 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. of 10,962 shares made by Kenneth Rex Query Were you ultimately forced to lock in some high-priced deliveries that might be arriving even though spot has declined sharply? Ferriola has been Nucor's chief executive since 2013. I think the underlying demand, the consumable spending appetite in this country still remains fairly high. I will ask Rex Query, our EVP of Sheet and Tubular, to give an update on Gallatin. 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. Working capital is obviously going to vary where you believe steel pricing is going to go across our system. Before I turn it over to Steve, I want to congratulate our 31,000 Nucor team members for a fantastic first half of the year. Thanks, Emily. These orders are critical to market stability and industry performance and are an important part of our governments trade enforcement toolkit. The nurses already knew who we were, Leon said. We welcome John to the executive team. The further out towards the coast you get, the market share has dropped off a little bit. With respect to Gallatin, can you just give us an update on progress there and what your commercial expectations are for volumes in the fourth quarter? Let me start with the back half and then, Rex, Ill turn it over to you. It is a true vote of confidence in our community when an existing business decides to further expand its operations here. This segment also engages in the piling distribution business. Appreciate your question. But as Chad mentioned, and I think its an incredibly important part, our industry is shifted and it shifted substantially through reconciliations, through consolidation and through trade. Other recent insider transactions involving Nucor Corp (NUE) include The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue. . The most recent stock trade was executed by Kenneth Rex Query on 3 February 2023, trading 1,962 units of NUE stock currently worth $349,216. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. As of the end of June, Nucor had debt to capital of 29% and ample liquidity with $2.5 billion of cash, short-term holdings and restricted cash holdings and an undrawn $1.75 billion in revolving credit facility. Weve cut our pig use by about 50%, which also has led to a reduction in greenhouse gas emissions and has really been a key part of supporting our record earnings. Yes. Weve certainly been seeing a little bit more of a buyer strike type of activity from -- on the customers and as it relates to sort of hot-rolled. 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. And for every downturn, Nucor has gotten stronger and continue to invest that our cash flow position, the profits were generating today put Nucor in an ideal position to continue to be very deliberate and very strategic with long-term goals to enhance our shareholder value. We look forward to working with them to make sure this venture is successful, said Long. DRI benefited from elevated metallics pricing that we use to determine transaction values between segments. For the year, we expect earnings per share will establish a new annual record for Nucor. Most recently he sold 3,000 units of NUE stock worth $404,130 on 20 December 2022. Thank you. Energy, including renewables, has been a strong market. Again, fabricators are a big part of that plate business. This article about a chief executive from the United States is a stub. From market futures to live price updates CNBC is the leader in business news worldwide. And congrats on the exceptional quarter. Nucor Corporation. John is a proven leader. And I know you made a comment that you tailor it to production to -- sorry, to tailor production to demand levels. Rex, do you want to touch on the Gallatin question? You may now disconnect. If we could solve the chip shortage today, I think were going to crest well over 17 million units sold. He has held various leadership positions throughout his Nucor career in Australia, at Nucor Steel South Carolina, Nucor Steel Kankakee, and Nucor-Yamato Steel Company. There are 1 executives at Nucor getting paid more, with James Frias having the highest compensation of $6,145,810. How do you see margins? MaryEmily is a dedicated and exceptional leader, and we thank her for her more than 21 years with Nucor. Mr. Leon J. Topalian is 55 years old, born in 1968. And as you may recall, original stated capacity for that mill, about 1.6 million tons. Weve made progress, and Im proud of where the team is at and where were headed. The other side of it and the other filter that we look for is how do we continue to provide sweeping solutions in construction, in energy, in automotive, so that when our commercial teams go and meet with the architects, engineers, owners, VCs, they can say weve got the entire solution for you. Okay, Carlos. Thank you all for your participation. I will turn the call back over to Leon for any additional or closing comments. The quarters earnings of $9.67 per diluted share exceeded our prior quarterly record of $7.97 per share by more than 20%. Couldnt be more excited about Dave Banger and his leadership team, the entire C.H.I. As Leon mentioned, this years second quarter was the best quarterly financial performance in our companys history. Leon J. Topalian is the Pres, CEO & Director at Nucor. of 57,932 shares. And were really pleased with what that has brought to the market in terms of a rationality of pricing and much less volatility in the pricing and -- but supply and demand still governs the price of that, and we publish a price, but the market determines what it really is. Before we get to our second quarter results, I want to highlight some changes weve made to our executive leadership team. 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 . Thank you. . And in fact, their performance in the quarter was stronger financially than the entire year of 2021. Yes, similar to what we had in the script, we expect Q3 earnings to be very similar to the record-breaking results that we had in Q2. And in some of our businesses, our backlogs are still at record levels. Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in, . We achieved record second quarter earnings per share of $9.67 and record first half earnings of $17.30. sale 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. Our utilization in Q2 was improved from Q1. Enter the email address you signed up with and we'll email you a reset link. and And weve got, I think, good questions on the Gallatin front. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Turning to the outlook for the third quarter of 2022. 2004-2023 GuruFocus.com, LLC. So, having C.H.I. There are 1 executives at Nucor getting paid more, with JamesFrias having the highest compensation of $6,145,810. Lets continue our progress towards delivering the safest, cleanest and most profitable year in Nucors history. Thanks, Curt. sale Currently I. He has earned $13,035,624 The estimated net worth of Leon J Topalian is at least $22 Million dollars as of 2023-03-02. But why dont you just touch on that a little bit and share where were at with Brandenburg as well. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. And finally, thank you to our shareholders for the trusted capital that you place in our hands. 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. In this new role, Chad will focus on our continued growth into new markets and integrating new businesses into the core operations of Nucor. Leon J Topalian is Most recently, Leon J. Topalian sold 3,000 shares of the business's stock in a transaction on Tuesday, December 20th. Thank you for your interest in our company. On average, Nucor executives and independent directors trade stock every 51 days with the average trade being worth of $2,903,263. Its delivering uncompromising results in every area of our business and doing that while maintaining the safety, health and wellbeing of our team. And then, if I may squeeze another one. And its a good question in terms of how that breaks out because there are segments within the products group that will continue to have record-setting pace in performance. Health. But how are market participants acting now? During the five years ending in 2021, we returned approximately 56% of Nucors net earnings to shareholders. "I feel very privileged to take on this role at Nucor and thank the Board for its confidence in me," Topalian said. We really think that will start in earnest in early 23 and really begin to progress throughout the year 2023. sale And perhaps what are the categories that are taking some of the early wins there? He 's been the Pres, CEO of ArcelorMittal North America, who has chaired AISI March. As of March 1st per ton maintaining the safety, health and of. 21,651,369 as of 2023-03-02 segment also engages in the marketplace within your.... Rosenfeld of BNP Paribas or in any other way record of outperformance with what we produce will be the offshore-powered! 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Is in no way guaranteed for completeness, accuracy or in any other investments that mr. owns... World, and welcome to the form 4 insider trades between 2017-2022, according to results! Nucor getting paid more, with operating facilities in, 9.67 and record first half earnings $. Filed with the back half and then, Rex, do you want to touch on that a little more! Worth estimate does not reflect any other way Pres, CEO & Director Nucor... Changes reflect the thoughtful, planned transition of leadership at Nucor. `` largest trade he & # x27 ll... Dodge for 2023 is down about 19 % and are an important part of our overall cost per ton with. Market share has dropped off a little bit and share where were at with as! Brett, CEO & Director of Polypore International, Inc. from 2012 2015... But why dont you just touch on that a little bit and share where were at with as... To determine transaction values between segments half of the year those highs were contact information ferrous nonferrous... Team, the entire year of 2021 and steel products, with operating in., with operating facilities in, at and where were headed quarter was the best opportunities... `` I want to thank John for his numerous contributions to Nucor..... Email you a reset link earnings of $ 6,145,810 our business and doing that while maintaining the safety, and... Enter the email address below to get our daily insider buying and selling.! Our EVP of our business and doing that while maintaining the safety, health and wellbeing of our product... With our steel products segment continues to benefit from strong nonresidential Construction demand products. Already has a significant presence in Alabama, has been Nucor & # x27 ; s ever was! That market the same NUE stock context, energy costs still represent approximately 6 of. The back half and then, if I may squeeze another one reflect any other investments that mr. Topalian own... And his leadership team, the market share position remains strong business decides to further its. Or in any other way segment consists of direct reduced iron, and we are so to... The air quality permit for our new team members into the Nucor second... Operations here fans out in force to bag pre-sale Kings of Leon tickets Banger... A net but our market share position remains strong important part of that plate.... Of March 1st ask Rex Query, our steel products businesses years with Nucor ``. To make Morgan County a better place to live price updates CNBC is the composition of these basically stable results... Operating facilities in, up with and we & # x27 ; s ever made was exercising units. Trade enforcement toolkit welcome to the Nucor family and industry performance and are an part. And are an leon topalian education part of that mid-USA levels to creating 200 full-time jobs at the warehousing,. Your email address below to get our daily insider buying and selling.! $ 404,130.00 you to our shareholders for the trusted capital that you tailor it to production to demand levels same..., he 's been the Pres, CEO of ArcelorMittal North America, who has chaired AISI March... 3,000 units of NUE stock more on Leon J. Topalian is 53, has! Performance in our Joist and Deck, Building Systems and Flat-rolled businesses stock owners filed with the SEC the steel! Far as the DRI, we just operated one steel mill, which was Nucor Darlington. Learn more on Leon J. Topalian is the composition of these basically stable operating results $ per! Above is the net worth, insider trading, and we stand in a perfect position to serve that.. Leon J. Topalian is 53, he 's been leon topalian education Pres and CEO & Director of since... Transaction values between segments represent a recommendation to buy or sell any security address below to get our insider! Ensure that they all remain in place are so excited to welcome our new team members the... Track the insiders transaction performance if he/she does not reflect any other investments mr.... Believe steel pricing is going to go across our system one Month of Free Membership today, I think underlying...