Nucor Corporation (NYSE:NUE) Q4 2022 Results Conference Call January 26, 2023 2:00 PM ET Company Participants Jack Sullivan - General Manager, Investor Relations Leon Topalian - President and Chief Executive Officer Steve Laxton - Executive Vice President and Chief Financial Officer Dan Needham - Commercial Strategy Al Behr - Executive Vice President of Plate & Structural Products Noah Hanners - Executive Vice President of Raw Materials David Sumoski - Chief Operating Officer Rex Query - Executive Vice Pres ...

Nucor Corporation (NYSE:NUE) Q3 2022 Earnings Conference Call October 20, 2022 2:00 PM ET Company Participants Leon Topalian - President and Chief Executive Officer Dave Sumoski - Chief Operating Officer Steve Laxton - Chief Financial Officer Al Behr - Executive Vice President, Plate and Structural Products Rex Query - Executive Vice President, Sheet and Tubular Products Chad Utermark - Executive Vice President, New Markets and Innovation Conference Call Participants Carlos De Alba - Morgan Stanley Timna Ta ...

Financial Performance - Nucor achieved record second quarter earnings per share of $9.67 and record first half earnings of $17.30, driven by strength across its diversified portfolio of businesses [8][17] - The company has grown revenues by more than 13% per year since its listing, reaching a record of $36.5 billion last year [9] - Cash provided by operating activities during the quarter was $2.3 billion, enabling significant investments and returning approximately $900 million to shareholders via dividends and share repurchases [20][21] Business Segment Performance - The steel products segment generated $1.1 billion in operating profits, with strong contributions from joist and deck, tubular products, and metal buildings [18] - Shipping volumes in the steel mills segment increased by 10%, primarily in sheet and plate, benefiting from strong demand and attractive pricing [19] - The raw materials segment outperformed first quarter results due to increasing selling prices for DRI and scrap [20] Market Conditions - Demand appears stable and resilient across key end-use markets, although prices in the steel segment have softened due to import pressures and commodity pricing declines [25] - Nonresidential construction remains a strong market, with expectations for continued robust performance in 2023 [36] Company Strategy and Development - Nucor is focused on organic growth projects, with several completed projects already contributing to profitability, including the modernization of Nucor Steel Gallatin and the new plate mill in Brandenburg, Kentucky [10][22] - The company is committed to expanding beyond its core steelmaking business, with recent acquisitions aimed at diversifying its portfolio and enhancing its market position [11][69] Management Commentary on Future Outlook - Management expressed confidence in Nucor's ability to grow and create value for shareholders despite economic uncertainties, citing a sustainable and flexible business model [16][25] - The company anticipates that earnings per share will establish a new annual record for 2022, with a strong outlook for the long term [25] Other Important Information - Nucor's capital allocation priorities include deploying capital to create long-term value, maintaining a regular quarterly dividend, and returning at least 40% of net earnings to shareholders [21][24] - The company has a strong balance sheet with a debt to capital ratio of 29% and ample liquidity [24] Q&A Session Summary Question: Insights on plate and structural markets - Management noted that while utilization rates have been soft, pricing remains strong, and they expect continued robust markets in nonresidential construction [28][36] Question: Update on Gallatin and commercial expectations - Gallatin is expected to ramp up to nameplate capacity by the fourth quarter, with significant production increases anticipated [39][66] Question: Raw material strategy and DRI pricing - Management discussed the reduction in pig iron use and stable DRI pricing, with expectations for a decline in pig prices in the fourth quarter [42][43] Question: Outlook for steel product business - The steel products segment is expected to maintain strong performance, with backlogs still significantly higher than pre-pandemic levels [47][50] Question: Infrastructure package demand - Management indicated that while there is dialogue around the infrastructure package, significant material orders are not expected until early 2023 [55] Question: M&A opportunities - The company has a rich pipeline for potential acquisitions, focusing on businesses that provide differentiated value propositions and enhance construction solutions [68][69]

Nucor Corp. (NYSE:NUE) Q1 2022 Earnings Conference Call April 21, 2022 2:00 PM ET Company Participants Leon Topalian - President, CEO & Director Stephen Laxton - CFO, Treasurer & EVP Rex Query - EVP, Sheet & Tubular Products Allen Behr - EVP, Plate & Structural Products Chad Utermark - EVP, Fabricated Construction Products Douglas Jellison - EVP, Raw Materials Conference Call Participants Emily Chieng - Goldman Sachs Group Carlos De Alba - Morgan Stanley Timna Tanners - Wolfe Research Seth Rosenfeld - BNP P ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to________ Commission file number 1-4119 NUCOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-1806817 (State or oth ...

Table of Contents 2018 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-4119 NUCOR CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------ ...