Steel Mills
Olympic Steel Promotes Ruane to Executive VP Position
Written by Sandy Williams
January 17, 2020
Olympic Steel has promoted Francis M. (Frank) Ruane to the role of Executive Vice President – Supply Chain.
“Frank’s expertise in supply chain, distribution, inventory management and routes to market have played an important role in Olympic Steel’s commercial planning and business strategy,” said President and COO Andrew Greiff. “His careful assessment of the current and future value of metals products in U.S. and global markets has been invaluable to our commercial teams and enabled us to provide effective insights and market education to our customers and industry partners.”
Ruane entered the industry in 1985, achieving roles of increasing responsibility before joining Olympic Steel in 1998. Prior to his current appointment, he held the positions of Director – Corporate Purchasing and Materials Management and, most recently, Vice President – Purchasing. In his new role, Ruane will continue to lead Olympic Steel’s supply chain efforts and manage the company’s distribution and proprietary fleet.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
CMC Q4 profits rise on improved market conditions
CMC reported higher net earnings in its fiscal fourth quarter on "better market conditions" across its segments.
AISI: Raw steel production drops to multi-month low
After being historically strong for more than four months, US raw steel production fell for a second week.
U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.
August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.