Retired Nucor Corp. chairman and chief executive John Ferriola accepted AIST’s Steelmaker of the Year Award during a virtual presentation, marking the third time he has brought AIST’s highest honor home to Nucor.
In accepting the award, Ferriola, who also was AIST’s 2009 and 2016 Steelmaker of the Year, said he was in the debt of the company’s thousands of teammates throughout the United States. Without their efforts, the award, and the company’s success that it recognizes, would not have been possible.
“You’ve heard me say many times that a leader is only as good as the team that they lead, and I have been extremely fortunate because the team that I had the privilege to lead is the best team in any company in any industry in any country in the world,” Ferriola said.
“My Nucor teammates are the reason Nucor continues to thrive in today’s extremely challenging global steel market,” he said, “and they are the reason that Nucor will continue to excel for many years to come.”
The Steelmaker of the Year Award is meant to recognize industry leaders who have championed continuous improvement, technological innovation, strategic planning and the creation of a strong corporate culture.
Ferriola led Nucor as chief executive from 2013 to 2019. During that time, he oversaw one of the company’s largest capital expansions and was a leading advocate for the industry in Washington, D.C.
The award is typically presented during the President’s Award Breakfast at AISTech, AIST’s annual conference and exposition. However, AIST moved the presentation online this year as AISTech was canceled due to the pandemic.
Ferriola accepted the award remotely during the broadcast. The event was sponsored by refractories manufacturer HarbisonWalker International and industrial equipment and services supplier The Systems Group.
During the presentation, several of his Ferriola’s peers congratulated him on the achievement. Among them was his Nucor predecessor, Dan DiMicco.
DiMicco said the award was well deserved and recognized Ferriola’s efforts on behalf of Nucor and the steel industry as a whole.
“You were a true leader in every sense of the word,” DiMicco said.