DiMicco Receives Award from the Steel Manufacturers Association
Award Recognizes His Contributions to the Minimill Steel Industry
CHARLOTTE, N.C., Oct. 7, 2013
CHARLOTTE, N.C., Oct. 7, 2013 /PRNewswire/ --Nucor Corporation (NYSE: NUE)
announced that The Steel Manufacturers Association (SMA) presented Nucor's
Executive Chairman Dan DiMicco with its Iverson-Selig award, recognizing his
outstanding contributions to the minimill steel industry. The award is named
after Nucor's founder Ken Iverson and Marvin Selig, founder of CMC Steel, who
were two pioneers in establishing steel minimills in the U.S. The award was
presented at a ceremony in Charlotte on October 1, 2013.
"Dan's contributions to the success of Nucor and his impact on the entire
steel industry cannot be overstated," said John Ferriola, CEO and President of
Nucor and Chairman of the SMA. "Dan has been a strong voice for our industry
and for the entire manufacturing sector."
DiMicco served as CEO of Nucor from September 2000 through December 2012.
Under his leadership, Nucor's total shareholder return growth of 720% was
almost four times greater than the total return of the Standard & Poor's Steel
Group Index and was twenty-eight times greater than the S&P 500's total
"Dan has built upon the legacy of Kenneth Iverson and Marvin Selig. Their
collective efforts have helped our nation emerge as one of the most
competitive places in the world to make steel, and have allowed our companies
to provide high-paying, safe manufacturing jobs to skilled Americans," said
Upon on receiving the award, Dan recognized and thanked his Nucor teammates
and placed all of the credit for his success squarely in their hands.
SMA member companies account for over seventy-five percent of total U.S. steel
capacity and utilize a feedstock almost entirely composed of recycled scrap
metal to produce new steel.
Nucor and affiliates are manufacturers of steel products, with operating
facilities primarily in the U.S. and Canada. Products produced include: carbon
and alloy steel -- in bars, beams, sheet and plate; steel piling; steel
joists and joist girders; steel deck; fabricated concrete reinforcing
steel; cold finished steel; steel fasteners; metal building systems; steel
grating and expanded metal; and wire and wire mesh. Nucor, through The David
J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and
HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.
Nucor is North America's largest recycler.
SOURCE Nucor Corporation
Contact: Nucor Executive Offices, +1-704-366-7000, or fax, +1-704-362-4208
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