Steel Mills
New COO for Olympic Steel
Written by Sandy Williams
August 23, 2016
Olympic Steel, a leading national metals service center, announced the promotion of Andrew Greiff to Executive Vice President and Chief Operating Office, as of August 19, 2016.
Greiff joined Olympic Steel in 2009 and was promoted to President, Specialty Metals in 2011. In that role he managed sales and distribution of stainless steel and aluminum products. This appointment divides the responsibilities of President and Chief Operating Officer. David Wolfort continues to serve as President of the Corporation.
“To complement our principal carbon steel business, several years ago we strategically expanded into new product categories. Andrew has overseen consistent organic growth in specialty metals, which now comprise almost 20% of our consolidated sales,” said Chairman and Chief Executive Officer Michael D. Siegal. “In addition to driving growth in specialty metals, Andrew has also managed our established carbon business in the Midwest Region. His broad experience makes him ideally suited for this expanded, company-wide role.”
“As a growth company, we must consistently deepen our executive management team to accommodate future growth and succession opportunities,” Siegal said.
About Olympic Steel
Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Headquartered in Cleveland, Ohio, Olympic Steel operates from 33 facilities in North America.
(Source: Olympic Steel press release)
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant
ArcelorMittal’s EAF in Alabama expects first heat in Q2
The facility at AMNS Calvert will be the first EAF in North America capable of supplying exposed automotive grades with domestically melted and poured material.
Nucor’s Topalian lauds Trump’s trade policies, downplays impact
Nucor’s top exec Leon Topalian said the benefit of the current administration’s aggressive trade policies “trumps” any risk of potentially higher raw materials prices.
SSAB reports higher production, shipments
But profits slipped vs. last year.
Nucor earnings slump in first quarter, but better times seen ahead
Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.