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Nucor Management Discusses Q2 2012 Results - Earnings Call Transcript

Nucor (NUE)

Q2 2012 Earnings Call

July 19, 2012 2:00 pm ET

Executives

Daniel R. DiMicco - Chairman and Chief Executive Officer

James D. Frias - Chief Financial Officer, Executive Vice President and Treasurer

John J. Ferriola - President, Chief Operating Officer and Director

D. Michael Parrish - Former Executive Vice President

R. Joseph Stratman - Executive Vice President of Beam & Plate Products

Keith B. Grass - Executive Vice President, Chief Executive Officer of DJJ and President of DJJ

Ladd R. Hall - Executive Vice President of Flat-Rolled Products

Analysts

Kuni M. Chen - CRT Capital Group LLC, Research Division

Michelle Applebaum - Steel Market Intelligence Inc

Luke Folta - Jefferies & Company, Inc., Research Division

Timna Tanners - BofA Merrill Lynch, Research Division

Arun S. Viswanathan - Longbow Research LLC

Sohail Tharani - Goldman Sachs Group Inc., Research Division

Evan L. Kurtz - Morgan Stanley, Research Division

Anthony B. Rizzuto - Dahlman Rose & Company, LLC, Research Division

Michael F. Gambardella - JP Morgan Chase & Co, Research Division

Brian Yu - Citigroup Inc, Research Division

Richard Garchitorena - Crédit Suisse AG, Research Division

Presentation

Operator

Good day, everyone, and welcome to the Nucor Corporation's Second Quarter of 2012 Earnings Conference Call. As a reminder, today's conference is being recorded. [Operator Instructions] Certain statements made during this conference call will be forward-looking statements that involve risks and uncertainties. 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 management's current expectation and information. Nucor believes they are based on reasonable assumptions. There can be no assurance that future events will not affect their accuracy. More information about the risks and uncertainties relating to these forward-looking statements may be found in Nucor's latest 10-K and subsequently filed and 10-Qs, which are available on the SEC's and Nucor's website.

The forward-looking statements maybe -- I'm sorry, 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.

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