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Olympic Steel Inc., Cleveland, has promoted Francis M. Ruane to the role of executive vice president - supply chain. He will report directly to President and COO Andrew S. Greiff and continue to lead the company's supply chain efforts and manage the distriubtion and fleet.
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Leeco Steel, Lisle, Ill., has expanded its plate distribution capabilities in Canada with the opening of a new, larger distribution center in Hamilton, Ontario. Leeco has relcoated to a new 45,000-square-foot facility at 20 Myler St., in Hamilton.
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Specialty Steel Works has appointed Michael Salamon as CEO of the Hammond, Ind.-based producer. He had been serving as president and COO. He replaced Joel Hawthorne.
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Troy Underwood, CEO of Tampa Steel & Supply, was recently named to the National Small Business Association Leadership Council. NSBA is the nation’s oldest small-business advocacy organization. He joins the NSBA Leadership Council alongside other small-business advocates from across the country as they work to promote the interests of small business to policymakers in Washington, D.C.
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Flack Global Metals has hired metals industry veteran Ben Markham as chief commercial officer. He will play a key role in the leadership, design, and execution of FGM's commercial development activities and corporate branding.
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The North American Steel Alliance has welcomed EXLTUBE to its list of supplier companies. EXLTUBE provides pipe and tube products to the U.S. and Canada.
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Metal Exchange Corp., St. Louis, has promoted Vijay Natarajan to the position of executive vice president of trading. He had been serving as global business manager.
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A.M. Castle & Co., Oak Brook, Ill., has promoted President Marec Edgar to CEO and a member of the board of directors. Steve Scheinkman will retire as chairman and CEO of the specialty metals distributor.
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Worthington Industries Inc., Columbus, Ohio, has acquired majority ownership of Samuel Steel Pickling Company, a joint venture it has operated with Samuel, Son & Co., since 2010.
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Economic activity in the manufacturing sector hit a 10-year low in December, reports the Institute for Supply Management in its most recent Report on Business. The PMI for December was 47.2 percent, a decrease of 0.9 percentage points and the lowest reading since June 2009.
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