Nucor's CEO Says Steel Demand is Higher Than Ever, Fo Shizzle!

Fo Shizzle My Nizzle Steel's Still Real!

What up world? It's your boy Snoop D O double G comin' at ya with the real deal on this steel biz. I been checkin' out what's crackalackin' with Nucor and their CEO Leon Topalian was rappin' to Jim Cramer 'bout their latest quarter. This cat's droppin' knowledge bombs y'all. He's sayin' their backlog is bigger than ever which means people are buyin' more steel than a lowrider needs chrome. Word!

Largest Backlog Ever?! That Ain't No Jive Turkey!

Topalian was straight up sayin' Nucor's the big dog in structural fabrication. He specifically mentioned the Nucor Yamoto facility and the Berkeley beam mill are busier than a one legged cat in a sandbox. 'It is the largest backlog in the history of our company like ever' he said! That's like sayin' my Doggystyle album is still sellin' out – it's a classic and so is this steel demand apparently. No diggity!

Stock Jumpin' Higher Than My Last Jump Shot!

After Nucor dropped some serious earnings beats their stock jumped. You know what that means? More green for everyone! Management even said their steel product backlog is 25% higher than this time last year. That's like me writin' 25% more rhymes which would be insane even for the D O double G. But hey steel's makin' money money yeah!

Bellwether? More Like Bell Weatherin' Success!

Topalian's throwin' out big words like 'bellwether,' which basically means Nucor's doin' so well it's a sign of good things to come for the whole steel industry. He made it clear these ain't no preorders these are locked in deals. Real contracts real money real steel. It's like he's sayin' 'Gin and Juice' ain't just a song it's a lifestyle... of success! Puff puff pass... the profits!

Optimism is in the Air Just Like the Smell of That Good Good!

Topalian's feeling good about the future sayin' he sees improving signs comin' through the economy. He's speakin' highly of Trump's trade policies especially those steel tariffs. He believes they help keep the steel industry strong and ready for national defense. It's like protectin' your turf know what I'm sayin'? Gotta keep that steel game tight man!

Revamped Tariffs: It Was About Time Ya Know?

Topalian went on to say it was long overdue for these tariffs to get a makeover. He wants a holistic view of the industry which is all about supportin' the whole damn industry to remain strong and resilient. Word to your mother!