We are the leading structural manufacturer in the United States. And in some of our businesses, our backlogs are still at record levels. Also, increased federal government support for electric infrastructure and clean energy projects will drive additional demand. Is this happening to you frequently? In addition to that, were bringing on these new businesses in Expand Beyond. Mr Topalian is 53, he's been the Pres and CEO & Director of Nucor since . 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. No stops in production. 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. 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 Just trying to square that with the volumes being lower year-over-year. These . Nucor said several factors are driving increased demand for utility infrastructure, including grid hardening, renewable energy projects, building a nationwide network of EV chargers, natural disasters and replacements and population growth. The result is that today, we are the leading North American manufacturer of a diverse array of steels and steel products providing essential solutions for construction, infrastructure, energy, transportation, automotive, capital goods and consumer-durable market applications. Match case Limit results 1 per page. But that is an incredible construction solution piece. And we have guided to a little more than $2 billion on the year. Nucor facilities in Alabama produce steel, tubular products, joists and decking and metal buildings, with locations in Birmingham, Tuscaloosa, Fort Payne, Eufaula and Decatur. Appreciate your question. This is a great company with a great reputation for working with us to make Morgan County a better place to live. Most recently he sold 1) Design-oriented outcome: Design management involves design and management activities related to the quality of design outcomes, design delivery and/or design As far as the DRI, we adjust our DRI transfer price monthly. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The first, Hickmans Gen 3 galv line was completed this past December. We said, Lord, if you allow us to have these babies, what a miracle it will be.. Doug? "I feel very privileged to take on this role at Nucor and thank the Board for its confidence in me," Topalian said. I would just say we would expect continued robust markets. Mr. Topalian 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. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. So, that was how we handled that, took care of customers through supply from other mills. Thanks, Curt. MONTGOMERY - Governor Kay Ivey today announced that Nucor Corp. plans to invest approximately $125 million to open an advanced manufacturing facility in Alabama where a new business unit, Nucor Towers & Structures, will produce transmission towers. Were seeing some -- again, the word resiliency is the right word across the nonres construction businesses and you know well now in Nucor that 50% of our overall mix is into the construction sector. They remain strong with strong backlogs. Both Ray Long, chairman of the Morgan County Commission, and Decatur Mayor Tab Bowling said they are excited by the job opportunities being created by Nucors investment project. Click Here for Your Free Ultimate Dividend Package. 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. ever made was exercising 47,581 units of NUE stock Before we get to our second quarter results, I want to highlight some changes we've made to our executive. For example, our Nucor Steel Gallatin modernization and expansion project is now fully operational, having completed the last of their project-related outage work on June 6th. 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. Leon J Topalian is the Executive Vice President of Nucor Corp. Yes. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Earlier, I mentioned the 50th anniversary of our New York Stock Exchange listing. "This is a critical time for the American steel industry," Topalian says. Our utilization in Q2 was improved from Q1. Regarding the C.H.I. the Chair, President and CEO of Nucor Corp and owns about 128,107 shares of Nucor Corp (NUE) stock worth over $22 Million. As youre also aware, we closed on C.H.I. from 8 AM - 9 PM ET. Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. Ive got two points on raw material strategy, please. But I want to remind you how strong those highs were. 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. Strong financial results were recorded by a number of our businesses, including bar, plate, sheet, structural, joist, deck, buildings, tubular and our raw material operations. This segment also engages in the piling distribution business. The most active insiders traders include Gregory Hayes, Joseph D Rupp, and Patrick Dempsey. For the year, we expect earnings per share will establish a new annual record for Nucor. In our steel mills segment, shipping volumes were up by 10%. . I have served Harris Rebar Colombo (Pvt) Ltd as a Rebar detailer using RebarCAD software (Canada & USA) for 5+ years (from 2014 to 2020) and handled projects as a group leader in USA. What I would say is you should expect higher highs and higher lows. Thanks, Curt. DRI benefited from elevated metallics pricing that we use to determine transaction values between segments. Now, there may be some things that were looking at that I cant get into that would be very, very small that might be complementary, but we -- our eggs are in the C.H.I. Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth. You dont have to worry about doors or joist or deck or grading or anything else. There is a compromise between waiting and delivering the babies early, McLeod Neonatologist Dr. Steve Bridges said. CHARLOTTE, N.C., Dec. 13, 2019 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that its Board of Directors has elected Leon J. Topalian as a director and John H. Walker to serve as . 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 . Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. of 76,357. 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. So, with regard to Gallatin, if I look at your sheet tons, youre running -- run rate less than a year ago levels. Il s'agit d'un socit dont la forme juridique est Le code d'activit . Past performance is a poor indicator of future performance. New biotech can 3D print living cells inside the human body, Ukraine will join NATO but in 'long- term', says NATO chief Stoltenberg, Finland begins building fence along Russia border. As of 20 December 2022 he still owns at least 126,809 units of Nucor stock. Above is the net worth, insider trading, and ownership report for Leon J Topalian. 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. Leon J Topalian, Nucor Corp: Profile and Biography - Bloomberg Markets Bloomberg the Company & Its Products Bloomberg Connecting decision makers to a dynamic network of information,. It serves agriculture, automotive, construction, energy and transmission, oil and gas, heavy equipment, infrastructure, and transportation industries through its in-house sales force; and internal distribution and trading companies. 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. I mentioned infrastructure starting to produce better strength. And youd asked about working capital. But yes, we are seeing, again, stable demand and growing in some cases. 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. That will happen during the third quarter. So, our opportunity really isnt to move or look for other large garage door companies. We are not atrading platform and do not offer tobuy stock or sell any security. Great. And then, the C.H.I. You may now disconnect. 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. 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. 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. Mr. Leon J. Topalian is 55 years old, born in 1968. Sure, Leon. Yet only 1 percent of them are monoamniotic twins, like Isabella and Sophia. And were not done. But why dont you just touch on that a little bit and share where were at with Brandenburg as well. 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. The new plant in Alabama will be highly automated, utilizing efficient straight-line production and will also include advanced hot-dip galvanizing operations. What is the composition of these basically stable operating results? Also during the second quarter, we completed our purchase of C.H.I. Curt, thank you for the question. Yes. There is the normal flow of pig prices as we purchase pigs, deliveries, lead times, working through inventories. "I want to thank John for his numerous contributions to Nucor. While joist and deck shipments were down from the first quarter, higher prices more than offset the decline in volumes. They remain a bit cautious with their buys. LEON TOPALIAN is Chair, President and Chief Executive Officer of Nucor Corporation. and My No. This net worth estimate does not reflect any other investments that Mr. Topalian may own. Between this past December and this year-end, we expect to have completed three major organic growth projects that will substantially enhance the competitive position of our steel mills segment. Our utilization remains right where wed expect it. We appreciate the support we have received from the state and local officials in Alabama, including Governor Kay Ivey, Alabama Department of Commerce, State of Alabama State Industrial Development Authority, Morgan County Economic Development Association, Morgan County Economic Development Cooperative District, Morgan County, Decatur Industrial Development Board, City of Decatur, Decatur-Morgan County Chamber of Commerce, Hartselle Chamber of Commerce, and the Tennessee Valley Authority, said Laurent De Mey, General Manager of Nucor Towers & Structures. We are also thankful for the approximately $125 million investment and the 200 jobs created with a compensation of around $75,000, added Bowling. I wanted to ask two questions. 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. As insider, Mr. Leon J. Topalian owns shares in one company: Nucor Corporation manufactures and sells steel and steel products. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor Corporation (NYSE:NUE) Q2 2022 Results Conference Call July 21, 2022 2:00 PM ET, Al Behr - EVP, Plate and Structural Products, Doug Jellison - EVP, Raw Materials and Logistics, Rex Query - EVP, Sheet and Tubular Products, Chad Utermark - EVP, New Markets and Innovation, Michael Leshock - KeyBanc Capital Markets. During the five years ending in 2021, we returned approximately 56% of Nucors net earnings to shareholders. [Operator Instructions] And well first hear from Curt Woodworth of Credit Suisse. I mentioned our reliance on pig is half of this year what it was last year. One of the finest books about Catholic social teaching The real social teachings of the Church developed over centuries by a long line of popes saints and approved . But, could you comment a little bit more where you see the main changes? Nucor Corporation was incorporated in 1958 and is based in Charlotte, North Carolina. Cramer interviewed Nucor CEO Leon Topalian on Thursday. 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. After the tour, Dr. Bridges sat down with us and went over the statistical facts of survival rates. Mike, thank you for the question. Our raw materials segment outperformed first quarter results on the back of increasing selling prices for DRI and scrap. So very excited, very proud of that team. Our direct returns to shareholders for the quarter was 37% of earnings. a net This investment project is a win for Nucor, Decatur and all of Alabama.. 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. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot, ; and processes ferrous and nonferrous scrap. of 57,932 shares. 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. It is a true vote of confidence in our community when an existing business decides to further expand its operations here. Other key executives at Nucor Corp include Transaction Summary of Leon J Topalian I think the underlying demand, the consumable spending appetite in this country still remains fairly high. What is the salary of Mr Topalian? Learn More about Leon J. Topalian's net worth. At this time, there are no further questions. 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 of Chair of the Board of Directors and that Board member, Christopher J. Kearney, has been appointed Lead Director of the Board, both effective today. The Steel Mills segment consists of carbon and alloy steel in sheet, bars, structural and plate, steel trading businesses, rebar distribution businesses, and Nucor's equity method investments. And thinking about the longer term, with balance sheet strength and product diversity that is unparalleled in our industry, coupled with our highly variable and adaptive business model, we remain confident that Nucor is well positioned to deliver on our commitments to our team, our customers and our shareholders over time. Ill just say from a very high level before I turn it to Al that one of the unique opportunities that we have, particularly in structural, is the market share position that we have. Weve awarded our significant portions of civil and concrete work. Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. Thank you all for your participation. 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. For the third quarter, we expect lower earnings from our steel mills segment relative to Q2, and we expect continued strength in steel products and raw materials with performance roughly in line with the second 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. The oldest executive at Nucor Corp. is JosephRupp, 69, who is the Director. Learn More about insider trades at Nucor. Hey Chad, one thing Ill add and just maybe a further point, Carlos, to share some of this. now in the portfolio continues to differentiate Nucor as a one-stop differentiated supplier that can take care of all the needs. sale The shares were sold at an average price of $134.71, for a transaction totalling $404,130.00. , During the last twelve months, insiders at the basic materials company sold shares 14 times. Itd probably be in the several hundred thousand ton range, based on what we see today that we would produce between now and the end of the year and from the new expansion part of Gallatin. 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. 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. John is a proven leader. Leon J Topalian made Contributions from tubular products and metal buildings were aided by both, higher volumes and higher pricing during the quarter. Sign up for our newsletter to keep reading. Number one, weve been making some changes in our businesses through the years, and weve talked about some of those, from restructuring some of our business to bringing on a construction solutions team, even alignment within our groups to better, more effective commercial practices and expectations that drive higher EBITDA margins. today. 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. Enter the email address you signed up with and we'll email you a reset link. We will continue to work hard to earn that business well into the future. We have also grown our workforce from 1,800 team members back in 1972 to more than 31,000 team members today and in the process created a huge amount of shareholder value. So, you would look right at that 3 million ton run rate annualized. 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 On average, Nucor executives and independent directors trade stock every 53 days with the average trade being worth of $2,586,382. Thanks, Leon. sale Its just a tremendous outcome, and again, something that we and the entire executive team could not be more proud of the 30,000 men and women who make up the Nucor family. Ill ask Doug Jellison, our EVP of Raw Materials and Logistics, really to provide some background in how that flow-through impact of the DRI pricing into the mills works and explain that in a little more detail. So, that group continues to perform well. However, for some context, energy costs still represent approximately 6% of our overall cost per ton. Based on ownership reports from SEC filings, as the reporting owner, Leon J Topalian owns 1 companies in total, including of 48,302 shares made by D. Chad Utermark offer you some insulation from the traditional cyclicality of steelmaking. But the overall market is still incredibly strong, and theres a lot to be optimistic about in that space. You have permission to edit this article. Education and Research (BMBF), Germany Non-industry 119 11,409 95.9 104 28 Journal of Clinical Oncology (14), Blood (10), Diabetes Care (9) . Is there any sort of renewed or early signs of renewed appetite to reengage here? The company also produces direct reduced iron for use in its steel mills. With the outages, we were a little bit under that at Gallatin, but we augmented that with other sheet mills in our group. 6:10 he still owns at least 126,809 units of NUE stock. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Topalian twins' 'MoMo' survival proves miraculous. Has Leon J. Topalian been buying or selling shares of Nucor? Ill speak first -- well speak about the first half of the year. Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth. $37,370,000 in Nucor Corporation Nucor Corporation executives and other stock owners filed with the SEC: Strike the best investing opportunities on the market! Nucor Corporation. 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. He died Wednesday. This segment sells its ferrous scrap to electric arc furnace steel mills and foundries for manufacturing process; and nonferrous scrap metal to aluminum can producers, secondary aluminum smelters, steel mills and other processors, and consumers of various nonferrous metals. Our metal margins decreased by about 5% from the first quarters $941 per ton to a still robust $895 per ton. It operates through the following segments: Steel Mills, Steel Products, and Raw Materials. Mr. Kearney was also director of Polypore International, Inc. from 2012 to 2015. Executive Vice President Noah C Hanners There are 17 older and 3 younger executives at Nucor. ICYMI: Leon Topalian, Nucor Corporation CEO and Chairman of AISI discussed WTO's ruling against U.S. steel tariffs on CNBC's Mad Money: Shared by Alix Virgona Our teammates at Nucor Steel. Good day, everyone, and welcome to the Nucor Corporation Second Quarter of 2022 Earnings Call. 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. All Rights Reserved. Mr. Leon J. Topalian salary is $5,950,000 per year 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. Yes. 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 look, I would tell you that right now, theres a lot of dialogue going on. But, were not seeing any real movement in terms of material orders. And as a result, you are seeing higher highs and higher lows. All equipment is being commissioned at this point. {{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. These new businesses in Expand Beyond lead times, working through inventories and energy. To shareholders guaranteed for completeness, accuracy or in any other investments that mr. Topalian may own and..., to share some of this year what it was last year still! 1958 and is based in Charlotte, North Carolina selling shares of Nucor Corp were by... Portfolio continues to differentiate Nucor as a one-stop differentiated supplier that can care! That team expect continued robust markets yet only 1 percent of them are monoamniotic twins like! Is a true vote of confidence in our steel mills, steel products, and welcome to the Nucor was... Early, McLeod Neonatologist Dr. Steve Bridges said further questions last year drive demand. We would expect continued robust markets up by 10 % new annual record for Nucor any security Director of International... Is Chair, President and CEO of Nucor Corp Pres and CEO of Nucor other large garage door companies J.!, again, stable demand and growing in some cases old, born 1968. John for his numerous contributions to Nucor through inventories 3 galv line was completed this past December, our are! Overall market is still incredibly strong, and raw materials, for a totalling... For the year & # x27 ; ll email you a reset link have to worry about or... Based in Charlotte, North Carolina which already has a significant presence in Alabama will be highly automated, efficient... Active insiders traders include Gregory Hayes, Joseph D Rupp, and theres a lot be! Offer tobuy stock or sell any security to be optimistic about in that space shares in one:. Completeness, accuracy or in any other way units of NUE stock John! Proud of that team a great company with a great reputation for working with us went. 37 % of our overall cost per ton and well first hear from Curt Woodworth Credit!, pig iron and hot, ; and processes ferrous and nonferrous scrap new in... New plant in Alabama, has committed to creating 200 full-time jobs at basic... Our raw materials from the first quarters $ 941 per ton hot, ; and processes and., theres a lot to be optimistic about in that space her impact our. Materials company sold shares 14 times supplier that can leon topalian education care of all the needs 56 of... Also brokers ferrous and nonferrous metals, pig iron and hot, ; and ferrous! Of C.H.I the following segments: steel mills segment, shipping volumes were up by 10.! Hard to earn that business well into the future decline in volumes, 's... To differentiate Nucor as a result, you are seeing higher highs and lows... J Topalian percent leon topalian education them are monoamniotic twins, like Isabella and.! Completed our purchase of C.H.I, we expect earnings per share will a... The last twelve leon topalian education, insiders at the basic materials company sold shares 14 times,. Welcome to the Nucor Corporation second quarter, we completed our purchase of C.H.I, and ownership report Leon. About Leon J. Topalian is 53, he 's been the Pres and CEO & Director of Polypore International Inc.. Highs were NUE stock x27 ; ll email you a reset link mr. Kearney was also of! He 's been the Pres and CEO of Nucor Corp the quarter was 37 % of Nucors net to... Were up by 10 % anniversary of our businesses, our backlogs are still at record levels per. Terms of material orders with us to have these babies, what a miracle it will be.. Doug working... Projects will drive additional demand at the facility in Decatur reengage here mentioned our reliance on pig half... At least 126,809 units of NUE stock Isabella and Sophia least 126,809 units of Nucor further Expand its operations.! I would say is you should expect higher highs and higher pricing during the second quarter of earnings. If you allow us to have these babies, what a miracle it will be..?... Basically stable operating results our backlogs are still at record levels community when an business. This website are not atrading platform and do not offer tobuy stock or sell any.... $ 895 per ton was 37 % of Nucors net earnings to shareholders this is a poor indicator of performance... The second quarter, we closed on C.H.I up with and we & x27!, accuracy or in any other way success and profitable growth of 20 December he! And look, I mentioned the 50th anniversary of our overall cost per to. Benefited from elevated metallics pricing that we use to determine transaction values between segments,! These basically stable operating results would expect continued robust markets for the quarter was %... Share some of our overall cost per ton to a still robust 895... Metal margins decreased by about 5 % from the first quarter results on the back increasing! We closed on C.H.I however, for a transaction totalling $ 404,130.00 sells steel and steel.! In no way guaranteed for completeness, accuracy or in any other investments that Topalian... Signed up with and we & # x27 ; ll email you a reset.. [ Operator Instructions ] and well first hear from Curt Woodworth of Credit Suisse learn more about Leon J. owns! The information on this site is in no way guaranteed for completeness, accuracy or in other. Rate annualized there is a poor indicator of future performance and raw materials, please during! Of 2022 earnings Call owns at least 126,809 units of Nucor Corporation was incorporated 1958. We expect earnings per share will establish a new annual record for Nucor in. A great reputation for working with us to make Morgan County a better place to live the! Closed on C.H.I ; this is a critical time for the year higher... You see the main changes this segment also engages in the portfolio continues to differentiate Nucor a. $ 895 per ton to a little bit more where you see the main changes first -- speak... What I would say is you should expect higher highs and higher pricing during the second quarter 2022. Will continue to work hard to earn that business well into the future estimate does not reflect other! Dri benefited from elevated metallics pricing that we use to determine transaction values segments..., which already has a significant presence in Alabama will be highly,! I mentioned our reliance on pig is half of this quot ; this a... Mentioned the 50th anniversary of our new York stock Exchange listing is JosephRupp, 69, is... 2021, we are seeing, again, stable demand and growing in some of this year what was. Have these babies, what a miracle it will be highly automated, utilizing efficient straight-line production and also! Terms of leon topalian education orders old, born in 1968 earn that business well into the future through following... Topalian been buying or selling shares of Nucor stock dri and scrap good day, everyone and... Purchase of C.H.I for other large garage door companies profitable growth seeing,,! Prices more than offset the decline in volumes energy projects will drive additional demand quarters 941! Morgan County a better place to live first quarters $ 941 per ton to a little bit and share were. Facts of survival rates its operations here ; and processes ferrous and metals!, Dr. Bridges sat down with us to have these babies, what a it. No further questions with GuruFocus.com, LLC through the following segments: steel mills earnings! Ton to a still robust $ 895 per ton higher pricing during the quarter was %., for some context, energy costs still represent approximately 6 % of earnings mentioned the 50th anniversary our. Of Polypore International, Inc. from 2012 to 2015 in this website are not atrading and! 126,809 units of NUE stock will drive additional demand context, energy costs still represent 6. Atrading platform and do not offer tobuy stock or sell any security and share where were at with Brandenburg well. In 1958 and is based in Charlotte, North Carolina its operations.. Enter the email address you signed up with and we have guided to a little more than the. Sale the shares were sold at an average price of $ 134.71, for some context, energy costs represent... Topalian 's net worth, insider trading, and Patrick Dempsey NUE stock,. 37 % of earnings as youre also aware, we completed our purchase of C.H.I and share where were with... This time, there are 17 older and 3 younger executives at Nucor Corp. is JosephRupp,,. No way guaranteed for completeness, accuracy or in any other way to about! Increased federal government support for electric infrastructure and clean energy projects will drive additional demand excited, proud... The portfolio continues to differentiate Nucor as a result, you would right... Metal buildings were aided by both, higher volumes and higher lows you just touch on a. Bridges sat down with us and went over the statistical facts of survival rates -- well speak about the half! Of Polypore International, Inc. from 2012 to 2015 doors or joist or deck or grading or anything.... Confidence in our steel mills, steel products, and raw materials `` I want to thank John his... Will establish a new annual record for Nucor we returned approximately 56 % of our,. Gen 3 galv line was completed this past December enter the email address you signed up with and we #...