Steel Mills

Mario Longhi Steps Down as CEO of US Steel
Written by Sandy Williams
May 11, 2017
US Steel announced on Wednesday that Mario Longhi has stepped down as CEO of US Steel Corp. As of May 8, 2017, president and chief operating officer David Burritt will take the reins as chief executive officer.
Longhi will remain on the board of directors and as an employee of US Steel, providing transitional support, until his retirement on June 30, 2017.
“Mario played a key role in driving the company’s transformation, including the successful implementation of The Carnegie Way,” said Chairman David S. Sutherland. “His impact was felt across our company and the steel industry through his efforts in Washington, D.C., to combat unfair trade and create a level playing field. We thank him for his dedication to U. S. Steel.”
Longhi began his tenure at US Steel in 2012 as executive vice president and chief operating officer. In 2013 he succeeded John Surma as CEO and was elected to the board of directors. Under Longhi’s guidance, US Steel embarked on a business transformation known as The Carnegie Way. He led the steel industry in its pursuit of fair trade, providing testimony to Congress on the impact of unfairly priced imports on domestic producers, and initiating trade cases as necessary.
“When I came to the company, I envisioned a five-year tenure, which I have completed,” said Longhi. “I am proud of the progress we have made, which solely resides on the people of this company. U. S. Steel employees dug in, tackled every challenge and never stopped looking for ways to improve everything they could control. I am fortunate to have spent five years working with them.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

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.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.