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
 
		                                Ternium swings to Q3 loss, eyes 2026 recovery
Ternium closed the third quarter with steady shipments and improving margins. But trade policy uncertainty and subdued demand in Mexico weighed on the Latin American steelmaker’s results.
 
		                                Algoma’s losses widen in Q3 as tariff troubles continue
Algoma Steel’s net loss more than quadrupled in the third quarter on trade woes and its EAF transition. Separately, the company announced a change in leadership, as CEO Michael Garcia will retire at the end of the year.
 
		                                Cliffs, POSCO announce MoU for ‘transformative’ partnership
Cleveland-Cliffs on Thursday said it had signed a memorandum of understanding (MoU) with POSCO to forge a strategic partnership, one Cliffs bills as "transformative."
 
		                                Cliffs touts steel stamping solution to replace aluminum in automotive
Cliffs said it successfully completed a defect-free trial production of exposed steel parts using aluminum-forming equipment in collaboration with an unnamed OEM,
 
		                                Nucor navigates mixed flat-rolled markets with strategic muscle
Nucor entered the fourth quarter with clear forward momentum: stronger-than-expected results, solid sheet and plate demand, and construction progress on a major new mill that should add capacity next year.
