Steel Mills
New Executive Appointments at CSI
Written by Sandy Williams
July 28, 2016
California Steel Industries, Inc. (CSI) announced that Marcelo Botelho will be the new president and CEO of CSI, effective August 1, following the retirement of Toshiyuki Tamai.
Botelho most recently served as Controller Global Director at Vale S.A. His background also includes positions in the utility, aerospace, and aluminum industries in Brazil.
Tamai will retire after 43 years in the steel industry in Japan and the United States. Tamai joined CSI in 1995 and was appointed President and CEO in 2012. He previously worked at AK Steel in Ohio and has been associated with JFE Steel and its predecessor, Kawasaki Steel Corp., since 1973.
CSI also announce that Tadaaki Yamaguchi, current president of JFE Steel America, will replace Pedro Rodrigues as Chairman of the Board. Rodrigues will continue to serve as a member of the Board.
Scott Starr will assume the position of Executive Vice President, Operations at CSI’s Fontana, California facility. Starr joined CSI in 1992 and most recently served as General Manger, Operations. He will succeed Harold Allin, a 17 year veteran of CSI, who is retiring after 47 years in the steel industry.
CSI’s two shareholders are Vale S.A. (Vale); and JFE Steel Corporation (JFE) of Japan. Each shareholder owns 50% of the shares of CSI. The leadership changes follow a longstanding practice where one shareholder company has appointed the CEO and the other the Chairman of the Board position, and then vice versa upon the next rotation.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Algoma sees narrower Q2 loss but feels tariff sting
Algoma Steel expects a narrower sequential loss in the second quarter, but the company continues to be impacted by the US tariff situation.
Nippon plans to double steel output at USS operations: Report
Now that it has acquired U.S. Steel, Nippon Steel is planning a significant expansion of its US operations, including the construction of a new mill and more than doubling its steel output.
Algoma fires up EAF steelmaking with first arc
Algoma Steel reached a milestone in its transformation from blast furnace to electric arc furnace (EAF) steelmaking, with its Unit One EAF achieving its first steel production this week.
Nucor holds HR list price at $910/ton
Nucor is keeping its list price for spot hot-rolled coil unchanged after last week’s shortened holiday week.
Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.