Economy
Dempsey Named New President & CEO of AISI
Written by Sandy Williams
December 3, 2020
Kevin Dempsey has been named president and CEO of the American Iron and Steel Institute by the AISI Board of Directors. Dempsey has been serving as interim president and CEO since the retirement of Thomas Gibson in June.
“Kevin Dempsey has been a driving force for the steel industry’s advocacy on our key priorities for many years. At a time when we are challenged not only by the global pandemic but by unfair trade practices and massive global steel overcapacity, the AISI member companies have the utmost confidence in Kevin’s leadership and expertise,” said John Brett, chairman of AISI and president and CEO of ArcelorMittal USA.
Dempsey has had a long association with AISI, serving as the institute’s senior vice president for public policy and general counsel since 2009. Before joining AISI, Dempsey was a partner at Dewey & LeBoeuf, a global law firm, and its predecessor Dewey Ballantine LLP., and had served on Capitol Hill as counsel to Senator John C. Danforth (R-MO) and the U.S. Senate Committee on Commerce, Science and Transportation.
“I am honored and privileged at this opportunity to continue serving the American steel industry. The industry is a cornerstone of our economy, the backbone of America’s manufacturing sector, critical to our national security and the cleanest and most energy efficient of the leading steel producing industries in the world. I look forward to working with our member companies and partners to continue this momentum,” said Dempsey.
Sandy Williams
Read more from Sandy WilliamsLatest in Economy
ISM: Manufacturing growth slows in July, hits 10-month low
US manufacturing activity slowed again in July to a 10-month low
CRU: Pushing EU imports back to 15% would be a big task
Several EU member states have published a ‘non-paper’ that puts forward proposals for a post-safeguard trade measure.
SMU Community Chat: Tariff-induced panic purchases, inflation, and calculating costs
Chief executive of the Institute for Supply Management (ISM), Tom Derry highlighted how reactive buying behavior has shifted the market into a quiet demand period. Derry presented ISM data during the weekly SMU community chat.
Architecture billings still sluggish despite project inquiry uptick
The Architecture Billings Index (ABI), a leading indicator for non-residential construction activity, declined for an eighth straight month in June.
Beige Book: Tariff pressures mount, flat outlook
All districts reported “experiencing modest to pronounced input cost pressures related to tariffs, especially for raw materials used in manufacturing and construction.”