Steel Products

Cleveland Cliffs COO Retiring in December
Written by Sandy Williams
November 17, 2017
Cleveland Cliffs announced Friday that P. Kelly Tompkins, Executive Vice President and Chief Operating Officer, will begin his planned retirement effective Dec. 31, 2017.
Tompkins served as Cliff’s executive vice present and chief financial officer from April 2015 through December 2016 before assuming his current position in January 2017.
Lourenco Goncalves, Chairman, President and Chief Executive Officer, said, “Kelly has been a valued member of the executive team at Cliffs, and I have enjoyed working with him over the past 3-1/2 years. I am sincerely grateful to Kelly for his dedication and commitment to Cliffs through a time of significant changes at the company. I wish him well during his retirement.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.

CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]

Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.