Economy
SMA Taps CMC's Garrison for Chairman
February 3, 2023
The Steel Manufacturers Association (SMA) has announced the election of Ty Garrison as chairman.
Garrison is senior vice president of operations at Irving, Texas-based Commercial Metals Co. (CMC). He leads operations and commercial teams in the US and Poland, along with supply chain and engineering functions. Garrison joined the CMC commercial team in 2000 and was appointed to his current role in 2021.
“Ty has leadership qualities that help organizations grow their strengths, capitalize on opportunities, and overcome challenges, all while putting people first and focusing on solutions,” SMA president Philip K. Bell said in a statement.
Garrison noted that it was “an exciting time to be the chairman of SMA.”
“Global trade deals and standards for sustainable steel are being negotiated around the world, and we must make sure that steel produced by SMA members — some of the cleanest steel in the world — continues to lead the conversation,” he said.
Joining Garrison on the SMA executive committee are past chairman, Mark Millett, chairman and CEO of Steel Dynamics Inc.; the treasurer, Jim Hrusovsky, CEO, Alton Steel; and five at-large members: Greg Murphy, executive vice president, business services, and general counsel, Nucor Corp.; Chuck Schmitt, president, SSAB Americas; Eric Shuster, president, Vallourec Star LP; Ed Goettl, chief revenue officer, Optimus Steel; and Matt Ruckwardt, vice president, chief of steel operations and business performance, Cascade Steel, a Schnitzer Steel Industries company.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Economy

Second steel derivatives S232 inclusion window opens, business community voices concern
The US Department of Commerce announced that its second window for submitting applications for the inclusion of derivative steel and aluminum products in Section 232 tariffs is now open, according to the US Federal Register. September’s Inclusion Window Sept. 15 through Sept. 29, applicants can email requests for inclusions to the Defense Industrial Base Programs. The first […]

Steel Summit: ITR economist urges execs to prepare for growth, not recession
If the steel industry professionals who made it to the very final presentation of this year’s SMU Steel Summit were expecting another round of cautious forecasting, they were in for a surprise. Because what they got was a wake-up call.

ISM: Manufacturing growth remained down in August
US manufacturing activity remained muted in August despite a marginal gain from July's recent low, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.

Steel Summit: Dr. Basu blames tariffs for riskier path ahead
Steel executives packed the main conference hall of the 2025 SMU Steel Summit on Tuesday, Aug. 26, to hear economist Dr. Anirban Basu lay out his blunt view of tariffs, inflation, and demand.

Steel Summit: Schneider sees SDI ‘on the edge of a very good run’
Steel Dynamics Inc. (SDI) President and Chief Operating Officer, Barry Schneider, remains bullish about the Fort Wayne, Ind.-based steelmaker’s position in the current market.