Steel Mills
New Executive VP Engineered Bar Products at Nucor
Written by Sandy Williams
September 10, 2014
Nucor Corporation has announced the promotion of Dave Sumoski to Executive Vice President of engineered bar products, including special bar quality products (SBQ) and cold finish businesses, effective September 14, 2014.
Sumoski has been with Nucor since 1995 and was promoted to maintenance manager at Nucor Steel-Berkeley in 1999. In 2008 he was promoted to General Manager of Nucor Steel Marion, Inc. and to Vice President in 2010. Mr. Sumoski has served as Vice President and General Manager of Nucor Steel Memphis since 2012.
John Ferriola, Nucor’s Chairman, CEO and President, commented, “Nucor has 13 bar mills and six cold finish facilities located across North America. With our recent strategic investment of approximately $290 million to expand Nucor’s SBQ and wire rod production capabilities, Nucor continues to expand our product offerings and to supply the most demanding engineered bar application markets. Dave’s promotion to EVP of engineered bar products will enable our team to focus on this significant investment while continuing to provide quality service to the merchant and rebar markets. Dave is a proven Nucor leader who will be a strong addition to our executive management team.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.
Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.
AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).
Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.
Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.