Charlotte North Carolina headquartered Nucor Corporation has reported record consolidated net earnings of USD 7.61 billion in 2022, surpassing the previous record of consolidated net earnings of USD 6.83 billion in 2021. Nucor's Chairman, President & Chief Executive Officer Mr Leon Topalian said “I am proud to report that 2022 was both the safest and most profitable year in Nucor history. This is the fourth consecutive year the Nucor team has exhibited record-breaking safety performance, as we strive to become the world's safest steel company.” Mr Topalian said “Looking ahead to 2023, while we recognize there is uncertainty about the near-term US economic outlook, we're starting to see a number of demand drivers gathering momentum, including the reshoring of manufacturing, large infrastructure investments and grid modernization. We believe Nucor's steel and steel products with lower greenhouse gas intensity will be essential building blocks to our nation's clean energy future, security, and productivity for years to come.” Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron & direct reduced iron; supplies ferroalloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
Charlotte North Carolina headquartered Nucor Corporation has reported record consolidated net earnings of USD 7.61 billion in 2022, surpassing the previous record of consolidated net earnings of USD 6.83 billion in 2021. Nucor's Chairman, President & Chief Executive Officer Mr Leon Topalian said “I am proud to report that 2022 was both the safest and most profitable year in Nucor history. This is the fourth consecutive year the Nucor team has exhibited record-breaking safety performance, as we strive to become the world's safest steel company.” Mr Topalian said “Looking ahead to 2023, while we recognize there is uncertainty about the near-term US economic outlook, we're starting to see a number of demand drivers gathering momentum, including the reshoring of manufacturing, large infrastructure investments and grid modernization. We believe Nucor's steel and steel products with lower greenhouse gas intensity will be essential building blocks to our nation's clean energy future, security, and productivity for years to come.” Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron & direct reduced iron; supplies ferroalloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
