Steel Mills

ArcelorMittal Announces NA Flat Rolled Segment and Leadership Changes
Written by Sandy Williams
October 30, 2014
ArcelorMittal announced today the formation of a flat-rolled segment in North America as well as a shake-up in leadership to enhance performance in its North American operations.
The North American segment represents one fourth of the company’s steel shipments and profits. The reorganization is expected to improve North American operations and accelerate the successful integration of AM/NS Calvert.
“We are creating a more efficient organization by leveraging the company’s knowledge and expertise, optimizing our North American operations and achieving optimal performance with our improved asset portfolio,” said Lou Schorsch, chief executive officer, ArcelorMittal Americas. “The successful integration of AM/NS Calvert requires the company to evaluate every opportunity for improvement, to ensure world-class execution for our customers.”
Leadership changes resulting from formation of the new segment are follows:
• Jim Baske, currently chief executive officer of ArcelorMittal Dofasco, will serve as chief executive officer, ArcelorMittal North American flat-rolled operations. Sean Donnelly, currently chief operating officer of ArcelorMittal Dofasco, will succeed Jim as CEO.
• Brad Davey, currently chief marketing officer of ArcelorMittal Dofasco, will be the lead commercial person for North American flat-rolled operations.
• Andy Harshaw will serve as chief executive officer, ArcelorMittal USA, reporting to Jim.
• Mike Rippey will leave his role as president and chief executive officer, ArcelorMittal USA, to become non-executive chairman of ArcelorMittal USA.
We are confident that a more integrated, aligned organization can fully unlock the tremendous potential in our North American flat-rolled assets,” said Schorsch. “We are committed to ensuring that these changes do not impact the strong relationships we have with our customers or our hardworking employees and their focus on producing safe, sustainable steel.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

CMC Q4 profits rise on improved market conditions
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.

AISI: Raw steel production drops to multi-month low
After being historically strong for more than four months, US raw steel production fell for a second week.

U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.

August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.

TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.