Steel Products

Olympic Names New GM of Minn. Plate Processing Ops
Written by Ethan Bernard
September 5, 2023
Olympic Steel said Leah M. Kiley has been promoted to the role of general manager for the company’s Minneapolis plate processing facility.
The Cleveland-based service center said on Tuesday that Kiley will lead day-to-day operations with primary profit and loss responsibility for the facility. She will report to Thomas J. Sacco, VP – Central Region.
“Leah has been instrumental in the commercial success and continued growth of our Midwest territories,” David J. Gea, president – Carbon Flat Rolled, said in a statement.
Kiley started with Olympic in 2012, most recently serving as regional sales manager.

Ethan Bernard
Read more from Ethan BernardLatest in Steel Products

Galv buyers less optimistic about short-term market
“It was a little more of a seller's market as contractors seemed to be protecting themselves against a potential run up in prices," one buyer said.

SMU flat-rolled market survey results now available
SMU’s latest steel buyers market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Past survey results are also available under that selection. If you need help accessing the survey results, or if […]

US, offshore CRC prices continue to fall
US cold-rolled (CR) coil prices were down again this week, slipping six weeks in a row and seeing the sharpest drop-off since last July.

Asian HR remains much cheaper than US, EU product
Domestic hot-rolled (HR) coil prices fell this week, now down seven of the last eight weeks.

April service center shipments and inventories report
Flat rolled = 57.6 shipping days of supply Plate = 54.5 shipping days of supply Flat rolled US service centers’ flat-rolled steel supply edged up in April, as shipments slowed. At the end of April, US service centers carried 57.6 shipping days of supply, according to adjusted SMU data. This is up from 56.4 shipping […]