Steel Mills

Reliance Announces Executive Retirement, Promotions
Written by Michael Cowden
July 1, 2021
William K. Sales Jr., Reliance Steel & Aluminum’s executive vice president of operations, will retire in January 2022.
In the meantime, Sales will work as a special advisor to the metals service center – North America’s largest – in a transition effective from Thursday, July 1.
“On behalf of the entire Reliance team, I would like to congratulate Bill on a very successful career – including 24 years of service to the company,” Reliance CEO Jim Hoffman said in a statement.
Ahead of Sales’ retirement – and as part of Reliance’s executive succession plan – Sean M. Mollins has been promoted to senior vice president of operations. And Brian Yamaguchi has been promoted to vice president of supplier development.
Mollins was previously president of PDM Steel Service Centers Inc., a subsidiary of Reliance, where he managed nine service center locations. He began his career at Kaiser Aluminum Corp. in 2002, Reliance said.
Yamaguchi previously served as senior director of supplier development. He joined the Earle M. Jorgensen (EMJ) Co. in 1986. EMJ was acquired by Reliance in 2006.
“I would like to congratulate both Sean and Brian on their well-deserved promotions,” Reliance President Karla Lewis said.
Reliance has announced several important executive changes this year. Chief among them: Lewis, previously Reliance’s CFO, was promoted to president and given a seat on the company’s board of directors in January.
By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden
Read more from Michael CowdenLatest in Steel Mills

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.

Ternium raises budget for Mexico project
The steelmaker now expects the new steel slab mill in Pesquería will begin operations by Q4’26.

SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant