Steel Mills

Nucor CEO John Ferriola to Lead AISI for Next Year
Written by Sandy Williams
May 3, 2016
AISI, Salt Lake City, Utah – The Board of Directors of the American Iron and Steel Institute (AISI) has elected John Ferriola, chairman, president and CEO of Nucor Corporation, to serve as chairman of the Institute until May 2017.
“John is a dedicated and outspoken advocate for our industry, and has engaged his employees and the supply chain to speak out on behalf of steel with their elected officials, especially on the issue of unfair trade. This is what AISI is all about – getting involved. It is this type of energy and commitment to advocacy that will help us affect needed policy changes in this challenging economic environment,“ said Thomas J. Gibson, president and CEO of AISI. “John’s leadership is recognized worldwide, as he also will be chairing the World Steel Association next year. We are grateful to have him lead AISI for the next twelve months.”
The election took place today at the AISI Board Meeting as part of the Institute’s 124rd General Meeting being held this week at the Grand America Hotel in Salt Lake City, Utah.
“Working together under the AISI umbrella, we have made many positive strides this year – particularly on the policy front. But there is much more to be done. I am honored that my colleagues on the Board have instilled their trust and confidence in me, as we work together to speak with one voice on behalf of our industry. I am proud to help lead policy and market-related activities at AISI, and proud to represent the steel industry — and to harness the dynamic spirit of the men and women who work in it, ” said Ferriola.
AISI also announced new members of the Board and Board-level leadership changes:
- Roger Newport CEO of AK Steel; and, Guillermo Vogel, Vice-Chairman of Tenaris Tamsa, were elected as vice-chairmen and officers of AISI.
- Luis Landois Garza, Vice President of Sales & Marketing of Altos Hornos de Mexico, S.A. was elected to the AISI Board.
- Maximo Vedoya, CEO of Ternium Mexico, was elected to the AISI Board of Directors.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Ternium pushes forward with growth projects despite slump in earnings and Mexican market
Ternium S.A. Fourth quarter ended Dec.31 2024 2023 Change Net sales $3,876 $4,931 -21.4% Net income (loss) $333 $554 -39.9% Per diluted share $1.43 $2.11 -32.2% Full year ended Dec.31 Net sales $17,649 $17,610 0.2% Net income (loss) $174 $986 -82.4% Per diluted share $(0.27) $3.44 -108% (in millions of dollars except per share) While […]

Kestenbaum, Ancora state their case in proxy fight for U.S. Steel
Ancora Holdings is moving forward with its proxy fight to oust U.S. Steel’s leadership and install a new board of directors and Alan Kestenbaum as CEO.
BlueScope shelves midstream facility but still upbeat on US
BlueScope Steel is pulling back on its expansion plans in the US for now but remains optimistic about the North American market.

Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]

Trump says Nippon will ‘invest heavily’ in USS rather than buy it
Nippon Steel has agreed to “invest heavily in U.S. Steel as opposed to own it,” President Donald Trump said on Friday during a press conference with Japanese Prime Minister Shigeru Ishiba. U.S. Steel is “a very important company” and was once “the greatest company in the world”. Of potential foreign ownership of the Pittsburgh-based steelmaker, Trump said, “the concept, psychologically, not good."