DiMicco to spearhead ‘proactive’ trade effort

Jan 30, 2013 | 03:27 PM | Thorsten Schier

Tags  Nucor, Daniel DiMicco, John Ferriola, unfair imports, DRI, natural gas, Thorsten Schier

NEW YORK — Nucor Corp. executive chairman Daniel DiMicco will spearhead a "proactive" effort by the domestic steel industry to battle what it believes are unfairly traded imports.

"Obviously, the way that it’s worked in the past has been a very reactive program. We take action after the damage has been done, after steel companies go out of business, after American workers have lost their jobs. We’re going to be much more proactive," Nucor president and chief executive officer John Ferriola said during the company’s earnings conference call. DiMicco "is going to remain focused on that, and I’ve got great confidence in his ability to get it done."....





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