Steel Mills

Olympic Steel Promotes Ruane to Executive VP Position
Written by Sandy Williams
January 17, 2020
Olympic Steel has promoted Francis M. (Frank) Ruane to the role of Executive Vice President – Supply Chain.
“Frank’s expertise in supply chain, distribution, inventory management and routes to market have played an important role in Olympic Steel’s commercial planning and business strategy,” said President and COO Andrew Greiff. “His careful assessment of the current and future value of metals products in U.S. and global markets has been invaluable to our commercial teams and enabled us to provide effective insights and market education to our customers and industry partners.”
Ruane entered the industry in 1985, achieving roles of increasing responsibility before joining Olympic Steel in 1998. Prior to his current appointment, he held the positions of Director – Corporate Purchasing and Materials Management and, most recently, Vice President – Purchasing. In his new role, Ruane will continue to lead Olympic Steel’s supply chain efforts and manage the company’s distribution and proprietary fleet.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Toyota Tsusho America to acquire Radius Recycling for $1.34 billion
The companies said Thursday that Radius shareholders will receive $30 per share in cash upon the deal’s closing, which is expected in the second half of this year.

Algoma resumes steel shipments to US, sees opportunity in tariffs
Algoma Steel has resumed shipments to the US, effective Friday, March 14. And the Canadian steelmaker sees a potential opportunity with the current tariff situation.

Algoma posts narrower Q4 loss, braces for tariff impact as US shipments pause
Algoma Steel's net loss narrowed in the fourth quarter vs. a year earlier amid economic uncertainty and tariff-related issues.

Evraz NA refutes report it falsified tests on plate for US military
Employees at Evraz North America, a subsidiary of Russia's Evraz plc, reportedly falsified quality control test results on armored plate for military vehicles. Evraz NA denies the claims.

Pacific Steel breaks ground on California rebar mill
Pacific Steel Group has broken ground on its Mojave Micro Mill in Southern California.