And Al, I wont steal all your thunder, but we couldnt be more excited about the shift and whats moving in plate. Other recent insider transactions involving Nucor Corp (NUE) include 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. My No. This net worth estimate does not reflect any other investments that Mr. Topalian may own. 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 Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. 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. Appreciate your question. Mr. Leon J. Topalian has made 14 insider trades between 2017-2022, according to the Form 4 filled with the SEC. Wanna wing it $0.69 Cent wings are available now through Saturday! During the past 18 months, 171,494 shares of Nucor Corp (NUE) were sold and 0 shares were bought by its insiders, resulting in a net What does that mean for your cost of inventory today? We will continue to work hard to earn that business well into the future. We also remain committed to our regular quarterly dividend, something Nucor has paid and grown consistently over the last half century. That makes sense. Yes. sale After the tour, Dr. Bridges sat down with us and went over the statistical facts of survival rates. And perhaps what are the categories that are taking some of the early wins there? Good afternoon, Leon and team. John is a proven leader. Mr. Kearney founded Eagle Marsh Holdings, LLC in 2016 and has served as its managing partner since inception. Ill speak first -- well speak about the first half of the year. On average, Nucor executives and independent directors trade stock every 51 days with the average trade being worth of $2,903,263. With MaryEmilys retirement, Dan Needham has assumed the role of EVP of Commercial. One was to kind of probe what was discussed earlier on Gallatin a little bit more. That -- the new equipment, were capable of 73.5 inches. 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. Nucor is North America's largest recycler. as Pres, Chief Executive Officer & Director in Nucor Corporation. 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. Operating profits were stronger than we anticipated for all three segments. 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,. Yes. Subscribe to our Daily Headlines newsletter. Insiders at Nucor own 0.5% of the company. The estimated net worth of Leon J. Topalian is at least $21.65 million as of December 20th, 2022. Working capital is obviously going to vary where you believe steel pricing is going to go across our system. 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. 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. We are so excited to welcome our new team members into the Nucor family. We expect these businesses, along with other new capabilities weve acquired, such as insulated metal panels and warehouse solutions, contribute as much as $600 million of incremental EBITDA annually in future years. And so, Ill give you that same outlook from what we said today. of 48,302 shares made by D. Chad Utermark today. Leon J. Topalian has not been actively trading shares of Nucor during the last quarter. Doug? Sold (or bought if negative) in USD Topalian Leon J HALL LADD R DARSEY JAM. There is the normal flow of pig prices as we purchase pigs, deliveries, lead times, working through inventories. 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. (Chicago, IL) - The American Institute of Steel Construction (AISC) is pleased to announce the appointment of two new members to its Board of Directors: Leon Topalian, executive vice president of Nucor Corporation; and Glenn R. Tabolt, PE, president of STS Steel, Inc., Schenectady, N.Y. Steve? The second, Gallatins modernization and expansion was completed in June. 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. Thank you all for your participation. It was a very different experience from when we had Jonathan and Hannah, our older children.. And how deep is your pipeline of potential targets right now? As of 20 December 2022 he still owns at least 126,809 units of Nucor stock. 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. We had some outages with Gallatin as we were installing this equipment. We welcome John to the executive team. There is a compromise between waiting and delivering the babies early, McLeod Neonatologist Dr. Steve Bridges said. As Leon mentioned, we have multiple businesses from joist and deck, rebar fab, steel piling, racking, tubing, insulated panel, grading. 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. However, for some context, energy costs still represent approximately 6% of our overall cost per ton. Look, I think so. Please. Regarding the C.H.I. And Q2, we saw much of the same. The ITC is conducting several more five-year sunset reviews this year off key trade orders on flat-rolled products. Mr. Kearney founded Eagle Marsh Holdings, LLC in 2016 and has served as its managing partner since inception. Were proud of them already. Thank you. These orders are critical to market stability and industry performance and are an important part of our governments trade enforcement toolkit. 4 insider transaction in Nucor Corp (NUE) with a net 62 | March 2021 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. 200 units of NUE stock worth $26,947 on 20 Dec 2022. Our raw materials segment outperformed first quarter results on the back of increasing selling prices for DRI and scrap. Truck and railcar availability remains a bit challenged and probably slowed up a few tons. Turning to policy issues. 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. 11 transactions in Nucor Corp (NUE) over the past 5 years, including 0 buys and 11 sells. Next, well hear from Michael Leshock of KeyBanc Capital Markets. 6:10 Describe your leadership style and how you put it into action within your organization. And in fact, their performance in the quarter was stronger financially than the entire year of 2021. And as a result, you are seeing higher highs and higher lows. We are a one-stop shop and can solve the entity and entirety of their steel needs. While those are real, the driving demand factors in our businesses, for the most part, remain very healthy. As Leon mentioned, this years second quarter was the best quarterly financial performance in our companys history. Enter your email address below to get our daily insider buying and selling report. "I feel very privileged to take on this role at Nucor and thank the Board for its confidence in me," Topalian said. So, we see a little bit probably leveling of pig prices through the third quarter declining into the fourth quarter. Nucor, which already has a significant presence in Alabama, has committed to creating 200 full-time jobs at the facility in Decatur. The Topalian family could now bring home their two newest additions. I want to thank our 31,000 teammates for these fantastic results. Enjoy a 7-Day Free Trial Thru Mar 09, 2023! And maybe just as a quick follow-up. or piling accessories was added to new to the 2022 Code. Leon J Topalian around $404,130. 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. We remain confident that with the capital we retain and deploy, we are building a more resilient, more profitable or more cash-generative Nucor. CELEBRATING 73 YEARS 1948-2021 The official publication of the San Francisco Region of the Sports Car Club Of America Fresno Solo p. 6 Regionals 1 & 2 p. 8 SFR Solo II p. 24 Drivers School p. 28 VOL. So, you should expect good results from businesses like our insulated metal panel business as we grow that and as we drive efficiencies through that. 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. ever made was exercising 47,581 units of NUE stock 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. You can cancel at any time. Our Brandenburg, Kentucky plate mill is on schedule and on budget for a late 2022 production start with almost 400 team members on board. . Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth. Our direct returns to shareholders for the quarter was 37% of earnings. So, you can back into roughly $1 billion for the second half of the year. Most recently he sold 3,000 units of NUE stock worth $404,130 on 20 December 2022. You dont have to worry about doors or joist or deck or grading or anything else. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. 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. Its very exciting. 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. . Steel racking, steel towers, and obviously, the overhead steel doors with the acquisition of C.H.I., all these should positively impact our profitability as we fully utilize and integrate these products into our Construction Solutions portfolio. You asked about capital for the remainder of the year. 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. So the pipeline is rich. 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. 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. Before we get to our second quarter results, I want to highlight some changes we've made to our executive. Thanks. the Chair, President and CEO of Nucor Corp and owns about 128,107 shares of Nucor Corp (NUE) stock worth over $22 Million. Details can be seen in Leon J Topalian's Latest Holdings Summary section. Also during the second quarter, we completed our purchase of C.H.I. They serve growing markets and leverage Nucors core manufacturing capabilities and our safety and team-focused, incentive-driven, entrepreneurial culture. The Topalians were also told they could expect a 50 percent survival rate. side will be mostly organic growth from here. And assuming demand allows, should we be seeing that 1.4, half of that flow through fully in the second half of the year? Higher lows outperformed first quarter results on the leon topalian education of increasing selling prices for DRI and.! 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