Steel Mills

Nucor's Jellison set to retire, Spicer tapped for EVP role
Written by Ethan Bernard
May 10, 2024
Nucor said Douglas J. Jellison plans to retire as executive vice president on June 8 after more than 33 years with the company. Randy J. Spicer will be promoted to EVP effective May 12.
Jellison began his career at the Charlotte, N.C.-based steelmaker in 1990 as materials manager at Nucor Bearing Products. He then served in a variety of roles before being promoted to EVP in 2021.
“I am incredibly grateful for Doug’s contributions over the last three decades. Throughout his career, he influenced a broad spectrum of Nucor’s businesses,” Leon Topalian, Nucor’s chair, president, and CEO, said in a statement on Friday.
Filling the position will be Randy J. Spicer who began at Nucor in 2004. He currently serves as president of Nucor Tubular Products.
“Randy is a talented leader whose 20 years of Nucor experience help make him well-positioned to take on this challenging role. We look forward to his contributions to the executive leadership team,” Topalian said.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.