Steel Mills

USS Begins Search for New CFO
Written by Tim Triplett
February 18, 2022
U.S. Steel Corp. is beginning a search for a new chief financial officer after the resignation this week of Senior Vice President and CFO Christine S. Breves, who will continue to serve as Executive Vice President-Business Transformation while the company seeks her permanent replacement.
“Christie’s deep knowledge of the industry, leadership and superb insight have contributed greatly to U.S. Steel’s transformation into the future of steelmaking,” said U.S. Steel President and CEO David B. Burritt. “We have too much important work before us not to take full advantage of her capabilities. That’s why I’m so pleased that Christie has elected to remain for the full year and our Board of Directors has agreed to elevate her to Executive Vice President. I look forward to working with her directly in the coming months to further accelerate our Best for All progress.”
Since 2019, Breves has led all aspects of the company’s financial responsibilities, as well as the company’s procurement functions. Information technology and sales & operations planning functions were subsequently added to her responsibilities.
She joined U.S. Steel in 2013 as Vice President and Chief Procurement Officer. In 2017, she was appointed Senior Vice President-Manufacturing Support & Chief Supply Chain Officer.
Pittsburgh-based U.S. Steel supplies high-value-added steel products to the automotive, construction, appliance, energy, containers and packaging industries with annual raw steelmaking capability of 22.4 million net tons.
By Tim Triplett, Tim@SteelMarketUpdate.com

Tim Triplett
Read more from Tim TriplettLatest in Steel Mills

Nippon could up investment in USS facilities to $7B: Report
It's the latest twist as the proxy battle heats up for Pittsburgh-based U.S. Steel.

Hybar expansion still on the table as Arkansas mill startup nears
As Hybar nears the completion of its $700-million rebar mill in Arkansas, the company said it is still “actively considering” building other steel facilities in the southern US.

Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.

Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.

Cliffs to idle Dearborn blast furnace, restart Cleveland furnace by July
Cleveland-Cliffs has decided to idle the steelmaking operations at its Dearborn Works in Michigan due to weak automotive demand.