Service Centers
Letnich Joins Union Partners as COO of Contractors Steel
Written by Sandy Williams
January 15, 2019
Union Partners, a full-service metals and logistics company, announced that Steve Letnich will join the company as Chief Operating Officer of Contractors Steel, effective immediately.
Letnich has held several leadership positions in his 25 years in the steel and metals industry including those at Outokumpu, Castle Metals, Central Steel & Wire and Worthington Industries.
“We couldn’t be more excited to usher in a new era for Contractors Steel by welcoming a seasoned leader like Steve to the team,” stated Chris Sekella, EVP-U.S. Operations for Union Partners. “There are tremendous growth opportunities that lie ahead for the company. Steve’s reputation, proven track record and experience in the industry positions Contractors and their customers to capitalize on these opportunities and realize even more success in the future.”
Letnich succeeds Marc Bokas who has retired from Union partners after 40 years in the metals industry.
Sandy Williams
Read more from Sandy WilliamsLatest in Service Centers
Worthington Steel sees demand improvement after earnings slump
Lower volumes and steel prices dampened Worthington Steel’s profits, but market momentum is building, the metals processor said in its most recent quarterly earnings report.
Galvanized buyers see strong demand, but uncertainty lingers
Demand is up, but tariffs raise concerns
Olympic taps Zito for new VP of development role
Cleveland-based Olympic Steel Inc. has promoted Scott M. Zito to the newly created role of vice president of business development. Zito has been with the company for more than 40 years.
Worthington Steel and Samuel to close Cleveland coil processing JV
Worthington Steel confirmed it is closing the Worthington Samuel Coil Processing (WSCP) facility in Cleveland. WSCP is a joint venture between Worthington Steel and Oakville, Ontario-based Samuel, Son & Co.
Galvanized buyers brace for market shifts amid rising tariffs
One buyer summed up the prevailing sentiment: “Everything is pointing up — pricing, sentiment, order activity. But the real test will come once the immediate reactionary buying subsides. Will there be enough true demand to support these levels through mid-year? That’s the big unknown.”