Steel Products
Olympic Promotes Andrew Wolfort to Regional Vice President
Written by Sandy Williams
October 30, 2018
Olympic Steel Inc. announced the promotion of Andrew Wolfort to the position of Regional Vice President.
Wolfort joined Olympic Steel in 2007 as an Inside Sales Representative for the company’s Chicago location and was then promoted to Outside Sales Representative. In 2010, he relocated to Olympic Steel’s Bettendorf, Iowa, facility where he was promoted to Inside Sales Manager. The following year, he assumed the position of Regional Sales Manager at the company’s Gary, Ind., facility. In 2015, Wolfort was promoted to the position of General Manager – Chicago Division.
{loadposition reserved_message}
“Andrew’s leadership has been instrumental in the success and recent expansion of our Chicago facility,” said Andy Markowitz, President – Specialty Metals. “His diverse commercial and operations experience in both the flat rolled and specialty metals market segments provide an excellent foundation to increase sales and market share throughout the Chicago and Northwest Indiana region.”
In this expanded role, Wolfort remains General Manager of Olympic Steel’s Chicago Division, while assuming additional oversight responsibility for the company’s Gary facility. Scott Besunder, General Manager – Gary, will report directly to Wolfort. In his new role, Wolfort will report to Markowitz.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
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.
Rig count increases in the US and in Canada
Oil and gas drilling activity increased this week in the US and Canada for the third consecutive week, according to the latest Baker Hughes rig count data. US counts continue to hover just above historic lows, while Canadian figures remain comparatively healthy.