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
USS confirms split CFIUS decision on Nippon deal; it’s now up to Biden
Nippon Steel's purchase of U.S. Steel could lead to lower steel output domestically, and that presents “a national security risk," the Washington Post reported.
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.