Steel Products
New CFO for U.S. Steel
Written by Sandy Williams
July 26, 2017
U.S. Steel announced the appointment of Kevin P. Bradley as Executive Vice President and Chief Financial Officer.
Bradley will lead all aspects of the company’s financial enterprise, including internal and external reporting, credit, tax and treasury services, investor relations, internal controls and internal audit administrative oversight. He will also assist in developing and implementing the company’s strategic initiatives, including their ongoing transformation.
Most recently, Bradley served as Senior Vice President and Chief Financial Officer of Terex Corp. in Westport, Conn. He has 20 years of experience in financial services including positions at GE Commercial Finance and AT&T Capital. He holds a Bachelor of Science degree in accounting from Montclair State University.
{loadposition reserved_message}
“We are pleased to have Kevin join our executive team here at U.S. Steel. I admire his track record of transformation and history of delivering top-notch results,” said President and CEO David Burritt. “Kevin possesses the vast financial knowledge and strong leadership skills necessary to strengthen our balance sheet, help improve our operations and realize improvements in safety, quality, delivery and cost.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
CRU: EC to toughen steel safeguards
The European Commission proposes cutting its steel import quota by almost half, with volumes exceeding the limit facing 50% duties. The region’s steel industry welcomes the move, while other steel-producing nations fear the consequences. CRU published an insight before this announcement, noting that more restrictive trade policy could significantly raise the cost of marginal supply […]
US and Canadian rig counts stabilize
US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.
Plate market sources critique mill hikes amid current market conditions
Following spot market plate price increase notices issued by domestic mills this past week, participants are contemplating the rationale behind the increases and whether they will stick. Some sources anticipate that current market conditions will shift in November and believe the increases may set a new "pricing floor."
Oregon Steel Mills lifts plate prices by $60/ton
Oregon Steel Mills has joined other producers in announcing a price increase of at least $60 per short ton on steel plate.
CRU: Construction of pilot plant for green steel process starts
Voestalpine and partners have begun building an industrial-scale Hy4Smelt demonstration plant in Linz, Austria, which they hope will become key in the decarbonization of steel.