Steel Mills

Olympic Steel Promotes Andrew Greiff to President
Written by Sandy Williams
December 27, 2019
Olympic Steel has promoted Andrew Greiff to president, succeeding David Wolfort who has served as president for the past 18 years. Greiff will take on responsibilities as president while continuing as chief operating officer. As president and COO, he will be responsible for strategic leadership of Olympic Steel’s commercial efforts, including the management of sales, purchasing and operations.
“Andrew has played an important role in the expansion and diversification of our business,” said CEO Richard T. Marabito. “He has a deep understanding of the metals industry and has demonstrated exceptional leadership as our COO, and previously as president of our specialty metals business. We will benefit from his wisdom, experience and guidance as we continue on our path of profitable growth.”
Wolfort will continue to serve the company in a senior advisor capacity and as a member of the board of directors.
“During his more than 35 years with the company, David has been the chief architect of our commercial success and growth. David’s tireless commitment to Olympic Steel and all those we serve has helped shape the business to become a leading U.S. metals service center with more than $1.7 billion in annual revenue,” said Marabito.
“This seamless leadership transition is the result of a thoughtfully planned succession,” said Marabito. “We thank David for his exceptional contributions and confidently look forward to Andrew’s leadership.”
Greiff began his career in the metals industry in 1985, serving as a consultant for Thyssen Steel and Krupp Steel in Germany. He held various senior leadership positions within the industry before joining Olympic Steel in 2009 as vice president of specialty metals. He was promoted to president of specialty Metals in 2011 and most recently served as the company’s executive vice president and COO since 2016.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Hot-rolled coil market remains slow, market participants say
Hot rolled spot market participants reported another week of moderate demand and ample supply, with no strong signs that conditions will change next week.

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.