Steel Mills
Former Big River Exec Bula Joins Union Partners
Written by Sandy Williams
February 6, 2019
Union Partners has appointed former Big River Steel executive Mark Bula as Executive Vice President of Corporate Development.
Bula served as Big River Steel’s chief commercial officer for six years helping to launch the company, developing their go-to-market strategy and directly managing all functional leaders. He exited the company in May 2018 and has received industry-wide recognition for his efforts at BRS.
In his new role, Bula will be responsible for managing and facilitating the growth strategy for Union Partners and their family of companies.
“Mark Bula is a key addition to the Union Partners team,” said Union Partners co-founders Chris Hutter and Paul Douglass. “His reputation in the industry is second to none and his innovative and forward-thinking approach will be instrumental to our strategy moving forward.”
Speaking about his new role, Bula said, “I look forward to the value I will bring to the Union Partners team. My experience gained from years in the industry along with my entrepreneurial mindset pairs me well with the company and their values. I am excited for what the future holds.”
Union Partners, based in Chicago, is a full-service metals and logistic company. It has assembled a large chain of service centers in the past several years, including its acquisition of Contractors Steel in Livonia, Mich., last May.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Cliffs plans to idle three mills, cut 950 jobs on ‘insufficient demand and pricing’
Cleveland-Cliffs plans to indefinitely idle its steel mill in Riverdale, Ill., as well as mills in Conshohocken, Pa., and Steelton, Pa. The Cleveland-based steelmaker said all three facilities would be idled on or around June 30. Approximately 950 jobs will be impacted, the company said.
CRU: Usiminas may reduce capex unless government strengthens protection
“The lack of effective measures to create fair competition, amid a surge in subsidized imports, is the main threat to the sustainability of Brazil’s steel industry and its value chain,” CEO Marcelo Chara said.
USS swings to loss in first quarter on N. American flat-rolled segment woes
U.S. Steel CEO praised the company’s resilience, “despite the seasonally low results driven by annual mining logistics constraints in our North American Flat-Rolled segment and lagging spot prices.”
Nucor gives updates on new capacity coming online
Nucor said several of its capital projects will start operations within the next year and provided an update on them.
Algoma swings to loss on ‘market challenges’ and ‘tariff uncertainties’
Canada’s Algoma Steel swung to a loss in the first quarter amid "market challenges," and the company now expects first steel production from its first EAF in the second quarter.