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
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.