Environment and Energy
Olympic Taps Tookey for Coated Products Role
December 16, 2022
Olympic Steel said Michael A. Tookey has joined the company in the newly created role of director of coated products.
The Highland Hills, Ohio-based metals service center said Tookey’s responsibilities will focus the company’s efforts on accelerating growth related to coated carbon flat-rolled products and processes, including galvanized, galvannealed, aluminized, and automotive grades of steel.
He will report directly to David J. Gea, president – Carbon Flat-Rolled, Olympic said.
“Mike’s years of experience in our industry, particularly on the mill side of the business, will be a significant benefit to Olympic Steel in our ongoing growth efforts,” Gea said in a statement.
“Carbon flat products represent approximately 50% of our revenue mix. Mike’s efforts will help us continue to diversify and grow in higher-return, value-added products and services,” he continued.
Tookey joins Olympic Steel with more than 20 years of global metals industry sales and service experience.
Ethan Bernard, Ethan@Steelmarketupdate.com
Latest in Environment and Energy
USS, NETL to Test Carbon Capture Technology at Edgar Thomson Plant
U.S. Steel and the National Energy Technology Laboratory (NETL) plan to test carbon-capture technology at the company’s Edgar Thomson Plant in Braddock, Pa.
Leibowitz: Readout of the SMU Steel Summit—Steel Decarbonization
As the Oct. 31 deadline approaches to reach an agreement on steel matters, the US and EU are headed for an impasse.
Leibowitz: The Steel Mess—Decarbonization, Overcapacity, and Stalemate
Steel trade continues to cause dissension among our friends, perhaps more so than our adversaries. The conflict between the US and EU is the most talked about, but it impacts others including Japan, Brazil and India.
Steel Groups Urge US-Made Material to Receive IRA Tax Credits
Five domestic steel trade associations wrote a letter requesting the government to ensure the use of US-made steel in certain components of wind and solar projects receiving federal funding. Addressing the letter to US Treasury Secretary Janet Yellen, the groups included the American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), American Institute of Steel Construction (AISC), […]
Rig Counts: US Drops, Canada Sees Modest Increase
The rig count roller coaster continues, with numbers dropping in the US but inching up in Canada this week, according to the latest data from oilfield services company Baker Hughes. The total US rig count dipped to 664 active rigs as of July 28, down five from the week prior. Active oil rigs in the US decreased […]