Economy

Steel Manufacturers Association Elects Philip Bell President – Danjczek to Retire
Written by Sandy Williams
October 7, 2013
The Steel Manufacturers Association (SMA) Board of Directors announced the election of Philip K. Bell as SMA President. Bell is currently Director of External Communications and Public Affairs for Gerdau Long Steel North America. He will assume his new role at SMA on November 1, 2013.
Current SMA President Thomas Danjczek will retire after 15 years as leader of SMA and a long and distinguished career in the steel industry.
John Ferriola, Chairman of the SMA Board of Directors, expressed his appreciation for Danjczek’s years of service and praised the choice of Bell as president.
“Phil brings an extensive background of public affairs, corporate communications, leadership and managerial experience in the steel industry. He is equipped to lead a strong, member-focused SMA into the future,” said Ferriola.
The Steel Manufacturers Association consists of 34 North American steel producers who account for over 75 percent of domestic steel production. Most are electric arc furnace steel producers, or “mini-mills,” and make new steel from a feedstock almost entirely composed of recycled steel scrap. The SMA develops and supports public policy positions consistent with the interests of its members, provides a forum for the exchange of information on technical matters and operations among member companies, and serves as a source of information on the steel industry to suppliers, customers, and various government entities.

Sandy Williams
Read more from Sandy WilliamsLatest in Economy

US sets Section 232 tariffs on trucks and buses
Medium- and heavy-duty trucks (MHDV) and buses imported to the US will start being charged Section 232 tariffs beginning Nov. 1.

AMU: Consumer auto delinquencies: Warning sign for consumer health?
The Consumer Federation of America estimates rising total auto debt at a staggering $1.66 trillion, along with increasing repossessions and a sharp increase in delinquencies.

Beige Book: Regional market growth remains mostly flat
Economic growth in some US regions in September was offset by challenges in others, causing the market to appear largely unchanged overall, according to the Federal Reserve’s latest Beige Book report.

ISM September survey captures deepening manufacturing gloom
The Institute for Supply Management’s (ISM) latest monthly report on manufacturing reflects a bleak view of American industry in September.

Key industries concerned over government shutdown’s impact on steel, manufacturing
Trade groups cautioned that a prolonged shutdown could strain US industry.