Features
Midrex Technologies names Woody as new CEO
Written by Ethan Bernard
April 2, 2024
Midrex Technologies has named K.C. Woody as president and CEO, effective immediately.
Former Midrex CEO Stephen Montague will continue to serve on the board of directors, the Charlotte, N.C.-based company said on Monday.
Woody joined Midrex in 2010 and became COO in 2020. In 2023, he was promoted to president of the company.
“Our industry has a key role to play in reducing global CO2 emissions, and we are dedicated to creating a sustainable future for iron and steelmaking,” Woody said in a statement.
Additionally, Midrex said Will Dempsey has been appointed COO and Sean Boyle was named VP – Commercial.
Midrex is involved in direct-reduction ironmaking (DRI) technology and aftermarket solutions for the steel industry.
Ethan Bernard
Read more from Ethan BernardLatest in Features
Final Thoughts
Sometimes new presidential administrations hit the ground running. No time for change like the present. And sometimes new administrations blast off on a SpaceX rocket bound for Mars. There’s a big universe, and we’ve got a lot of flags to plant. Such seems to be the case with the new Trump administration.
AISI: Raw steel production edges down
Weekly raw steel mill production levels have fluctuated within a relatively narrow range across the last four months, according to data released by the American Iron and Steel Institute (AISI).
Trump threatens 25% tariffs on Canada and Mexico as soon as Feb. 1
President Donald Trump said on Monday evening that he was considering placing tariffs of 25% on imports from Canada and Mexico. The president said the tariffs could go into effect as soon as Feb. 1. President Trump threatened the tariffs as he signed a raft of executive orders in front of reporters in the Oval […]
Trump vows ‘overhaul’ of US trade policy to promote American interests
President Donald Trump has promised an “overhaul” of the US trade system, and in short order the unveiling of an “America First Trade Policy.” “I will immediately begin the overhaul of our trade system to protect American workers and families,” Trump declared in his inaugural address on Monday, Jan. 20. “Instead of taxing our […]
Final Thoughts
What’s been the impact of tariff threats on prices and demand? In short, not much – or at least that was the case when I was writing this column on Sunday afternoon. Spot activity for Canadian material, for example, has been put on hold over the last few weeks while the market waits to see what the new tariff landscape might look like.