Steel Mills

U.S. Steel Names New Exec to Lead Flat Rolled Business
Written by Sandy Williams
September 28, 2020
U.S. Steel has selected Kenneth Jaycox to succeed Doug Matthew, who will retire in January, as Senior Vice President and Chief Commercial Officer. Jaycox will be responsible for all North American flat-rolled commercial activities with a focus on customer satisfaction, innovation, new business and market share growth.
“We are building a more customer-focused company with our ‘best of both’ strategy, and now it’s time to take it to the next level with Ken at the lead,” said President and CEO David Burritt. “With his deep commercial, operating and transformation experience, he brings new insights to accelerate our capabilities. Ken has a unique skillset with diverse non-metal background, where customer-centric, focused differentiation was critical. He will help us realize our ambition as the innovative, material solutions leader for our customers.”
Jaycox joins U.S. Steel from Sysco Corp. where he most recently served as Vice President Transformation. Prior to joining Sysco, Jaycox served as Chief Operating Officer at International Traders/First American Carriers and Vice President, Category Development and Distribution, as well as Vice President, Procurement, at Compass Group North America (Foodbuy). Earlier in his career he served as Vice-President/Group Director National Sales at Coca-Cola Co. and served in various sales positions at Dr. Pepper/7Up Co. and the Pepsi Bottling Co.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.

Granite City Works must remain open and other terms of the Nippon-USS deal
SEC documents also name Trump specifically as having veto power certain decisions are part of the “Golden Share” provision.