CHARLOTTE, N.C., May 17, 2016 /PRNewswire/ -- Nucor
Corporation (NYSE: NUE) announced that the Association for Iron
& Steel Technology (AIST) presented Nucor's Chairman, Chief
Executive Officer and President, John
Ferriola, with its Steelmaker of the Year award, recognizing
his outstanding contributions to the steel industry. The award is
given annually to recognize a steel industry leader who has had a
significant impact on the global steel business. The award was
presented at the President's Award Breakfast, one of the signature
events of AISTech, in Pittsburgh
on May 17, 2016.
Since the inception of the award in 1991, Ferriola is only the
second industry leader to receive this honor twice. He was also
named Steelmaker of the Year in 2009.
"John has successfully guided Nucor through tremendously
challenging times for the steel industry," said Ron Ashburn, Executive Director of AIST. "Under
his leadership, the company has continued to grow and expand into
new product areas."
Ferriola has served as CEO and President of Nucor since 2013 and
as Chairman since 2014. Under Ferriola's leadership, Nucor has
continued to grow as the nation's largest steel producer and
North America's largest recycler.
Despite the market turmoil and imports capturing record market
share in the United States, Nucor
has continued to generate profits. Ferriola has also aggressively
fought back against unfairly traded imports flooding the U.S.
market.
"John's contributions go beyond Nucor as a voice for the entire
industry, articulating to policymakers the problem of unfair trade
that is plaguing the U.S. market and advocating for the
strengthening of U.S. trade laws and their enforcement," said
Ashburn.
AIST is an international technical association of more than
18,000 professional and student members, representing iron and
steel producers, their allied suppliers and related academia. The
association is dedicated to advancing the technical development,
production, processing and application of iron and steel.
Nucor and its 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
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.
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SOURCE Nucor Corporation