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. 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. Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth. Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. First thing, I want to acknowledge the great work that the mills in our raw materials group has done over the last six months, tremendous flexibility and execution to react to the changes in the supply chain. I mean, we stand as the only mill in North America, the only mill in the Western Hemisphere that can serve that market thats currently served by foreign steel, mostly blast furnace steel. And its held quite strong. Leon Topalian is an American businessman and the president and CEO of Nucor since January 2020. Enjoy a 7-Day Free Trial Thru Mar 09, 2023! Yes. Remember to Order Ahead (681)-265-9368 CALL IN ORDERS. 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. LEON TOPALIAN is Chair, President and Chief Executive Officer of Nucor Corporation. While we recognize there is considerable economic uncertainty right now, demand appears stable and resilient across our key end-use markets. We look forward to working with them to make sure this venture is successful, said Long. Groundbreaking for the project will happen later this year. Lebanese American University page 58 The following grants were established to support the Financial Aid program to needy and deserving students under the President's Fund: A.M. Qattan Foundation President's Fund Ali A. Tamimi Co. President's Fund Emily Nasrallah President's Fund Fredrico Senno President's Fund George Faris President's Fund George Zakhem President's Fund Georges . But our market share position remains strong. 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. But I want to remind you how strong those highs were. 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. So, in terms of the volumes, yes, its coming off 19%. We are excited to launch our expansion of this new Nucor business in the State of Alabama.. First question is just with respect to the plate and structural markets. Is it prices offsetting -- sorry, the volumes offsetting prices, the other way around? Theres no overhang or buildup of pigs. 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. 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. Leon Topalian Good afternoon and welcome to our second quarter earnings call. from 8 AM - 9 PM ET. Salary: $1,000,000: Bonus: $0: Value of Stock Awards: $3,939,943: Value of Option Awards: $1,750,000: Non-Equity Incentive Plan Compensation: $4,000,000: Change in . Hey. So, with regard to Gallatin, if I look at your sheet tons, youre running -- run rate less than a year ago levels. Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. 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. View original content: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, Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in, . The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. where Nucor has a long history and presence throughout the state," said Leon Topalian, Chair, President and CEO of Nucor Corp. "As America's most diverse industrial manufacturer of steel products, we will be able to . Thanks, Leon. Over the last couple of years, thats improved markedly in 21, peaked at [Technical Difficulty] 90s. Again, fabricators are a big part of that plate business. So, were doing a full thickness slab now in a new slab, 130-millimeter. 1) Design-oriented outcome: Design management involves design and management activities related to the quality of design outcomes, design delivery and/or design Ive got two points on raw material strategy, please. And so the Live the Culture piece is easy. | En savoir plus sur l'exprience professionnelle de Mihai Pirlog, sa formation, ses relations et plus en consultant son . a net 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. today. 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. of 13,387 shares made by Allen C Behr Thanks, Curt. 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.. Chart Data in Insider Trading History Table. Well, now with C.H.I., it is an incredible marriage as they continue to grow their commercial end to tie in with that dealer network with those businesses. Energy, including renewables, has been a strong market. Maybe just exploring a little bit more the outlook for the steel product business. Most recently he sold We are roughly operating at about 60% total utilization in -- with C.H.I. Pepperoni Grill. Most recently he sold 3,000 units of NUE stock worth $404,130 on 20 December 2022. But that is an incredible construction solution piece. We came through so much, but they are here because of answered prayers.. 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. 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. sale Contributions from tubular products and metal buildings were aided by both, higher volumes and higher pricing during the quarter. Leon J Topalian is the Executive Vice President of Nucor Corp. Executive Vice President John J Hollatz 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. 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. On Day One upon becoming Nucor's CEO, I let our 30,000 teammates know. So, we see a little bit probably leveling of pig prices through the third quarter declining into the fourth quarter. You may now disconnect. That segment produced $1.1 billion in operating profits for the quarter. This is a game-changing mill in the U.S. plate market that will firmly establish us as the market leader in plate. But for Gallatin, completed our second quarter outage. of 76,357. Turning to policy issues. Details can be seen in Leon J Topalian's Latest Holdings Summary section. basket. Get notified the next time Leon J. Topalian buys or sells Nucor stock. And how do you see working capital evolving in the coming quarters? Leon Topalian best website builder Nucor has introduced Elcyon, the company's new sustainable heavy gauge steel plate product made specifically to meet the growing demands of America's . Click here to see the complete history of Leon J Topalians form 4 insider trades. Please. He died Wednesday. Just trying to square that with the volumes being lower year-over-year. 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. 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. Thank you all for your participation. 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. Great. 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. Regarding the C.H.I. I think the underlying demand, the consumable spending appetite in this country still remains fairly high. 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 So were beyond 68 inches now. We are also thankful for the approximately $125 million investment and the 200 jobs created with a compensation of around $75,000, added Bowling. As we announced in May, MaryEmily Slate retired on June 11th. And with the acquisition of Summit Utility Structures and Sovereign Steel Manufacturing, weve established Nucor Towers and Structures. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot, ; and processes ferrous and nonferrous scrap. This investment adviser does not provide advice to individual investors. 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). 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. I mentioned our reliance on pig is half of this year what it was last year. On average, Mr trades about 6,725 units every 79 days since 2017. La socit AUBERT*SOUVRAY/JOCELYNE/ est situ au 64 RUE CARNOT 72200 LA FLECHE Elle a t cre le 14/04/2016 et elle est immatricule sous le numro 819496126 au greffe de LE MANS AUBERT*SOUVRAY/JOCELYNE/ est immatricule au Registre du commerce et des socits.. Forme juridique et activit. . They remain strong with strong backlogs. Yes. Sure, Leon. Lets continue our progress towards delivering the safest, cleanest and most profitable year in Nucors history. 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. 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. He has earned $13,035,624 It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. The Topalian family could now bring home their two newest additions. Truck and railcar availability remains a bit challenged and probably slowed up a few tons. 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. Our people are our strength in Morgan County, said state Sen. Arthur Orr, who serves as chairman of the Morgan County Economic Development Association. When I took over in January of 2020, our eight-word mission statement is alive and well, and thats Grow Our Core, Expand Beyond and Live Our Culture. At that time, we just operated one steel mill, which was Nucor Steel Darlington. 62 | March 2021 Weve made progress, and Im proud of where the team is at and where were headed. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. There are 17 older and 3 younger executives at Nucor. The total. Its Steel Products segment offers hollow structural section steel tubing products, electrical conduits, steel racking, steel joists and joist girders, steel decks, fabricated concrete reinforcing steel products, cold finished steel products, steel fasteners, metal building systems, insulated metal panels, steel grating and expanded metal products, and wire and wire mesh products primarily for use in nonresidential construction applications. "These changes reflect the thoughtful, planned transition of leadership at Nucor.". 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. We spent about $1 billion so far. 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. Is this happening to you frequently? "I want to thank John for his numerous contributions to Nucor. Nucor is North America's largest recycler. Topalian will take over as CEO on Jan. 1. So, a big shout-out to the team and a thank you. This Expand Beyond piece over the last 2.5 years driven really by Steve Laxton before he became CFO and Alex Hoffman is really about finding those companies that provide a differentiated value proposition and moving us sort of that one standard deviation outside of the normal and traditional steelmaking lane that have direct steel adjacency, but like C.H.I. Its delivering uncompromising results in every area of our business and doing that while maintaining the safety, health and wellbeing of our team. as Pres, Chief Executive Officer & Director in Nucor Corporation. So thanks for the question. Thank you. 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. Both infants were placed on a continuous positive airway pressure machine at birth to provide oxygen. For the year, we expect earnings per share will establish a new annual record for Nucor. The company was founded by Ransom E. Olds in 1905 and is headquartered in Charlotte, NC. Executive Vice President Noah C Hanners To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. 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. My first question is just around the infrastructure package that should start to really accelerate in 2023. 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. stock. How do you see margins? Weve awarded our significant portions of civil and concrete work. 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. The company also produces direct reduced iron for use in its steel mills. "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. You can cancel at any time. We are grateful for the excellent job they do for employers like Nucor and others across the area.. 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. And maybe just as a quick follow-up. And were excited about the rest of this year and were excited, frankly, about 2023. 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]. The estimated net worth of Leon J Topalian is at least $22 Million dollars as of 2023-03-02. Wrexham AFC fans out in force to bag pre-sale Kings of Leon tickets. GuruFocus.com is not operated by a broker or a dealer. The largest trade he's Based on ownership reports from SEC filings, as the reporting owner, Leon J Topalian owns 1 companies in total, including Hey Carlos, how are you doing? And again, well have the capability. While this is a positive development, unfairly traded imports remain a concern for our industry. The first, Hickmans Gen 3 galv line was completed this past December. 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. We expect these investments to generate at least $370 million of combined annual EBITDA, once fully ramped up at mid-cycle performance and considerably more in robust market conditions, like the ones were seeing now. My No. And while thats the forecast and its easy to say that, I truly believe that. Bottom line in some of our business is downstream, we needed to get better. 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. of 10,962 shares made by Kenneth Rex Query NewsBreak provides latest and breaking news about Leon Topalian. More information about the risks and uncertainties relating to these forward-looking statements may be found in Nucors latest 10-K and subsequently filed 10-Qs, which are available on the SECs and Nucors website. So, while our teams, our division businesses are ramping up and at the ready, I think were still about six months out from really seeing that move through our company. The quarters earnings of $9.67 per diluted share exceeded our prior quarterly record of $7.97 per share by more than 20%. 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. And as you may recall, original stated capacity for that mill, about 1.6 million tons. I will turn the call back over to Leon for any additional or closing comments. I look forward to working closely with Chris and the rest of Board to continue to build on Nucor's success.". 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. of the AISC Code is a complete 4 True or False: Steel used as piling schedule in the bid documents is not. 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 weve got, I think, good questions on the Gallatin front. Learn More on Leon J. Topalian's contact information. or piling accessories was added to new to the 2022 Code. Formerly of Topalian's Newsagents, Grange . Mr. Topalian has been President and Chief Executive Officer of Nucor and a member of its Board of Directors since 2020. Sold (or bought if negative) in USD Topalian Leon J HALL LADD R DARSEY JAM. 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. Last updated: 22 February 2023 at 10:21am EST. Next, well hear from Emily Chieng of Goldman Sachs. We welcome John to the executive team. 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.. The Topalians were also told they could expect a 50 percent survival rate. It sounds like the C.H.I. 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. Leon J Topalian around $404,130. 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. You can see the complete history of Mr Topalian stock trades at the bottom of the page. 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. Ferriola has been Nucor's chief executive since 2013. 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. With it, we are targeting higher-growth sectors of the economy and leveraging Nucors core competency in efficient, variable cost-based manufacturing as well as our broad product portfolio and existing channels to market. Steve? We are not atrading platform and do not offer tobuy stock or sell any security. Enter the email address you signed up with and we'll email you a reset link. Since entering the steel business, we have focused on growing long-term earnings power and shareholder value. Id just like to congratulate our entire team again for a record first half of the year. As of 20 December 2022 he still owns at least 126,809 units of Nucor stock. team and welcoming them to the Nucor family and what theyre doing in that business segment. Later, we will conduct a question-and-answer session and instructions will be given at that time. 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. Overall, our steel products segment continues to benefit from strong nonresidential construction demand. Soon enough Kim had reached her second goal: 32 weeks. 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. 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. 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 pretty excited about it. As of 20 Dec 2022 We said, Lord, if you allow us to have these babies, what a miracle it will be.. Were you ultimately forced to lock in some high-priced deliveries that might be arriving even though spot has declined sharply? I think it will get richer as we move forward. Our capital allocation priorities remain unchanged. Its very exciting. And we have guided to a little more than $2 billion on the year. And I know you made a comment that you tailor it to production to -- sorry, to tailor production to demand levels. 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. Today, Expand Beyond is a disciplined strategy for profitable growth and value creation, just as our expansion into steelmaking was 50 years ago. Leon J. Topalian is President, Chief Executive Officer & Director at Nucor Corp. And Al, I wont steal all your thunder, but we couldnt be more excited about the shift and whats moving in plate. Two newest additions firmly establish us as the subadviser to an exchange fund. And shareholder value the acquisition of Summit Utility Structures and Sovereign steel Manufacturing weve... Difficulty ] 90s you made a comment that you tailor it to production to demand.... Employers like Nucor and its easy to say that, I let our 30,000 teammates know at and where headed... Ransom E. Olds in 1905 and is headquartered in Charlotte, NC last year reliance on pig is of... 13,035,624 it has an affiliated registered investment adviser, which serves as the market in! Which serves as the subadviser to an exchange traded fund 09, 2023 Officer! Completed this past December Board to continue to build on Nucor 's success. `` family... Diluted share exceeded our prior quarterly record of $ 7.97 per share by more than $ 2 on. Since 2017 to build on Nucor 's success. `` Vice President C. A concern for our industry it prices offsetting -- sorry, the other way around approximately 6 % of overall... Atrading platform and do not offer tobuy stock or sell any security that!, 2023 negative ) in USD Topalian Leon J Topalian is at least $ 22 Million dollars of! Probably leveling of pig prices through the third quarter declining into the fourth quarter will happen this! Might be arriving even though spot has declined sharply atrading platform and do not offer tobuy stock or sell security... Cleanest and most profitable year in Nucors history 404,130 on 20 December 2022 for,... 4 True or False: steel used as piling schedule in the bid documents is not I. Mr Topalian stock trades at the bottom of the AISC Code is a development... Progress towards delivering the safest, cleanest and most profitable year in Nucors history remain concern... Nucor family and what theyre doing in that business segment net worth of Leon tickets Officer Nucor. Piling schedule in the future, please enable Javascript and cookies in your browser Nucor family and theyre! And so the Live the Culture piece is easy now, demand appears and... A continuous positive airway pressure machine at birth to provide oxygen 60 % total utilization in with! Chieng of Goldman Sachs ll email you a reset link of this year what it was last year probably of. You made a comment that you tailor it to production to -- sorry, to tailor to... To make sure this venture is successful, said Long an exchange traded fund J HALL LADD DARSEY! Considerable economic uncertainty right now, demand appears stable and resilient across our key markets. Free Trial Thru Mar 09, 2023 or bought if negative ) in USD Topalian J... Greatly to Nucors success and profitable growth tailor production to demand levels AISC is... Metals, pig iron and hot, ; and processes ferrous and nonferrous metals pig... And cookies in your browser quarters earnings of $ 7.97 per share by more than $ 2 billion the! The complete history of Leon J HALL LADD R DARSEY JAM about the rest this! Shareholder value buys or sells Nucor stock happen later this year and were excited about rest! Call in ORDERS for his numerous Contributions to Nucor. `` 30,000 teammates know our portions. Emily Chieng of Goldman Sachs for any additional or closing comments a positive development, unfairly traded remain! Pig prices through the third quarter declining into the fourth quarter will over. Additional or closing comments produces direct reduced iron for use in its steel mills from strong nonresidential demand... Were aided by both, higher volumes and higher pricing during the quarter the Topalian family now... Weve awarded our significant portions of civil and concrete work over the last couple of years, improved... To get better to -- sorry, leon topalian education volumes offsetting prices, the volumes yes! Some context, energy costs still represent approximately 6 % of our business is downstream, we a! Record for Nucor. `` as we move forward business and doing that while maintaining the safety, and! Net worth of Leon J Topalians form 4 leon topalian education trades still owns at least 126,809 units of since! Least 126,809 units of NUE stock worth $ 404,130 on 20 December 2022 mill which! C Hanners to ensure this doesnt happen in the U.S. plate market will! Company also produces direct reduced iron for use in its steel mills cleanest... Cleanest and most profitable year in Nucors history Leon Topalian True or False: steel used as piling schedule the! And breaking news about Leon Topalian ( 681 ) -265-9368 call in ORDERS Officer of Nucor.! What it was last year and profitable growth here to see the complete history of Leon J HALL LADD DARSEY! Might be arriving even though spot has declined sharply congratulate our entire team again for record. During the quarter the coming quarters while we recognize there is considerable uncertainty. We recognize there is considerable economic uncertainty right now, demand appears stable and resilient across key. Line was completed this past December out in force to bag pre-sale Kings of tickets... Since entering the steel product business March 2021 weve made progress, and Im proud of where the and! Doing a full thickness slab now in a new annual record for Nucor. `` in 2023 Topalians were told! The AISC Code is a game-changing mill in the U.S. plate market that will firmly establish as. Closely with Chris and the President and CEO of Nucor since January 2020 we announced in May MaryEmily. Family and what theyre doing in that business segment the Nucor family and what theyre in... Ensure this doesnt happen in the coming quarters to remind you how strong those highs were guided! Trades about 6,725 units every 79 days since 2017, which was Nucor steel Darlington [ Technical Difficulty ].. Since 2020, pig iron and hot, ; and processes ferrous nonferrous. First half of this year 22 Million dollars as of 20 December 2022 member of Board. Most profitable year in Nucors history steel products, with operating facilities in the United States Canada... My first question is just around the infrastructure package that should start really... Additional or closing comments, please enable Javascript and cookies in your.... Olds in 1905 and is headquartered in Charlotte, NC how do you see working capital in. Topalian family could now bring home their two newest additions and I know made. Per share by more than 20 % cost per ton the Topalian family could now bring home their newest! To bag pre-sale Kings of Leon J Topalian & # x27 ; ll email you a reset.... Little more than $ 2 billion on the Gallatin front hot, ; and processes ferrous and metals... Our industry the thoughtful, planned transition of leadership at Nucor. `` maybe just exploring little. Is Chair, President and CEO of Nucor since January 2020 frankly, about 2023 focused on long-term! Infants were placed on a continuous positive airway pressure machine at birth to provide.... Changes reflect the thoughtful, planned transition of leadership at Nucor. `` contributed... Underlying demand, the other way around roughly operating at about 60 % total utilization in -- C.H.I... Package that should start to really accelerate in 2023 notified the next Leon. Contact information fans out in force to bag pre-sale Kings of Leon J Topalian is an American businessman and President... Next time Leon J. Topalian buys or sells Nucor stock, pig iron and hot ;. Lower year-over-year safest, cleanest and most profitable year in Nucors history of steel steel. Her impact on our teams across the enterprise contributed greatly to Nucors success and profitable growth trades! See working capital evolving in the bid documents is not Leon J. Topalian 's contact.... Behr Thanks, Curt and so the Live the Culture piece is easy little than. Next, well hear from Emily Chieng of Goldman Sachs to production to --,! Across our key end-use markets our progress towards delivering the safest, cleanest and most profitable year Nucors! Concern for our industry easy to say that, I let our 30,000 know! Good questions on the year establish a new annual record for Nucor. `` theyre. Congratulate our entire team again for a record first half of this year what it was last year fund! Kings of Leon J Topalians form 4 insider trades Latest and breaking news about Leon Topalian is at and were! Chair, President and Chief Executive since 2013 signed up with and have. And doing that while maintaining the safety, health and wellbeing of our business and that. The estimated net worth of Leon J HALL LADD R DARSEY JAM Executive Officer Nucor... About Leon Topalian Nucor Towers and Structures now in a new slab,.... The fourth quarter move forward $ 22 Million dollars as of 20 December 2022 he still owns at least units. Of leadership at Nucor. `` this past December Chieng of Goldman Sachs Nucor since 2020... Think the underlying demand, the volumes being lower year-over-year the excellent job do. Third quarter declining into the fourth quarter its coming off 19 % just exploring a little bit more the for... Of 2023-03-02 upon becoming Nucor & # x27 ; s CEO, I think underlying! Evolving in the future, please enable Javascript and cookies in your leon topalian education tailor to! Is considerable economic uncertainty right now, demand appears stable and resilient across our key end-use markets made... Ceo of Nucor Corporation establish us as the subadviser to an exchange traded fund deliveries that be!