Steel Mills

Olympic Names Execs to Help With Fabrication Strategy
July 18, 2023
Olympic Steel has made leadership changes relating to the company’s fabrication growth strategy.
The Cleveland-based metals service center said in a press release Tuesday that Edward ‘Max’ Fitzgerald has joined the company in the newly created role of vice president – fabrication.
Fitzgerald will focus on strengthening the company’s “fabrication-related commercial presence, facilitating operational standardization, and implementing new technologies,” the company said. He will report directly to Andrew Greiff, president and COO.
Fitzgerald’s most recent role was as a global category procurement manager for an international OEM, the release said.
Also, Matthew Grussing has been named director of sales – fabrication, Olympic said, adding that Grussing will report directly to Fitzgerald in this newly created role, focusing “on developing and implementing strategies to grow the company’s fabrication business.”
Grussing joined Olympic Steel in 2010 as an inside sales representative, most recently serving as general manager for its Minneapolis plate facility.
“These changes represent the next significant step forward in executing our comprehensive strategy to increase returns and reduce earnings volatility by investing in and growing Olympic Steel’s fabrication business,” president and COO Greiff said in the release.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.