This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

DiMicco Receives Award From The Steel Manufacturers Association

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 return. 

"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 Ferriola.

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. 

Stock quotes in this article: NUE 

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs