This Day On The Street
Continue to site
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

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. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs