Steel Mills
Big River Steel CEO John Correnti Dies
Written by John Packard
August 18, 2015
Big River Steel CEO John Correnti died this morning. He was found dead while on an out-of-town business trip.
John Correnti was the driving force behind Big River Steel, the new flat rolled mini-mill under construction in Arkansas. Prior to Big River Steel he oversaw the construction of the SeverCorr steel mill in Columbus, Mississippi which is now owned by Steel Dynamics.
He was the President of Nucor Steel from 1991 to 1996 and the company’s CEO from 1996 to 1999.
Last year, Steel Market Update attended the groundbreaking of the Big River Steel mini-mill. The mill is scheduled to begin production of steel from scrap beginning in second quarter 2016.
Mr. Correnti was well thought of in the steel industry community and will be missed for his passion, humor and drive.
John Packard
Read more from John PackardLatest in Steel Mills
Nucor lowers 2024 output estimate for Brandenburg plate mill
Nucor has lowered the 2024 production estimate for its Brandenburg, Ky., plate mill due to soft market conditions.
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]
Topalian puts focus on “unfair” trade, eyes USMCA partners
Nucor’s top executive expressed concerns over unfair trade practices, highlighting increased steel imports from Mexico and Canada.
Cliffs sees close of Stelco buy, bottom to steel tags, and Mexico out of USMCA
Cleveland-Cliffs expects its acquisition of Canada’s Stelco to close later this year, which will help the the Cleveland-based steelmaker as a bottom to steel tags nears.
Nucor posts lower Q2 earnings, predicts tough Q3 too
Nucor recording lower second quarter earnings on falling steel prices. And the Charlotte, N.C.-based predicted that profits would be lower still in the third quarter, primarily because of weaker results from its steel mills divisions.