Steel Mills

Karla Lewis To Be Reliance President and CEO Effective Jan. 1
Written by Laura Miller
October 11, 2022
Service center behemoth Reliance Steel & Aluminum Co. will have a new leader come the start of 2023.
Current CEO James D. Hoffman will step down from his position at the end of this year, allowing current company president Karla Lewis to step up and serve as both president and CEO, effective Jan. 1, 2023.
Hoffman, who will maintain his position on Reliance’s Board of Directors, will serve as a senior advisor to Lewis until his official retirement in December 2023.
Reliance’s Board expressed its gratitude to Hoffman for guiding the company “through the pandemic while maintaining focus on operational excellence,” as well as contributing to its safety culture, corporate integrity, record revenues, profitability, and earnings per share.
Lewis, having already served on Reliance’s management team for 30 years, “brings unique, firsthand knowledge of Reliance’s operations, financial position, and strategic vision,” the Board said. “…We are confident that she will expand upon her record of accomplishments while strengthening Reliance’s position as the premier metals service center company in North America.”
Reliance operates approximately 315 locations in 14 states and 13 countries. Its principal executive office is in Scottsdale, Ariz.
By Laura Miller, Laura@SteelMarketUpdate.com

Laura Miller
Read more from Laura MillerLatest in Steel Mills

Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.

Fate of U.S. Steel hangs in the balance
The future of U.S. Steel remains unclear, but the proxy fight for control of the company is heating up. Shareholders will cast their votes on the company's future at the annual meeting in May.

Cliffs to idle Dearborn blast furnace, restart Cleveland furnace by July
Cleveland-Cliffs has decided to idle the steelmaking operations at its Dearborn Works in Michigan due to weak automotive demand.

AISI: Raw steel production slipped last week
Raw steel mill output declined last week for the second-consecutive week, according to the American Iron and Steel Institute (AISI).

Hyundai formalizes plan to build $5.8B steel mill in Louisiana
South Korea’s Hyundai has formally announced a nearly $6-billion investment to build a steel mill in Louisiana to supply steel for the company’s automotive interests in the southeastern US.