American Metal Market Steel Awards for Excellence Dinner and Hall of Fame Celebration
June 04 2012 - 7:14AM
Marketwired
American Metal Market proudly announces the
finalists for the
2012 Awards for Steel
Excellence. The 2012 Awards for Steel Excellence program will
recognize the most innovative companies across multiple categories.
The winners will be announced and honored at a special dinner on
June 19, 2012 during the
Steel Success Strategies
XXVII Conference. Individual tickets will be available when
you register for the
Steel Success Strategies
event.
Also included in the dinner is a celebration of the newly
launched Steel Hall of Fame and its
inductees. A video tribute to the Inaugural Class will open the
dinner and a live presentation by Dan
DiMicco, Chairman and CEO of Nucor will
honor Inaugural Class Inductee Ken
Iverson.
The Steel Hall of Fame Inaugural Class Includes:
Andrew Carnegie Elbert
Gary Henry Bessemer Charles Schwab Willy Korf
Ken Iverson Park
Tae-Joon Yoshihiro Inayama
The Class of 2012 will then be honored with the following
presentations:
- Tribute to 2012 Inductee John B. Tytus by
James Wainscott, Chairman & CEO,
AK Steel
- Tribute to 2012 Inductee Luigi Danieli by
Gianpietro Benedetti, Chairman & CEO,
Danieli
- Tribute to 2012 Inductee Father William
Hogan by Frank Koeble
- Tribute to 2012 Inductee Irving Rossi by
Herbert Fastert
- Tributes to Thomas Graham by John Surma, Chairman & CEO, US
Steel and James Wainscott, Chairman
& CEO, AK Steel including presentation of
Hall of Fame plaque to Thomas C. Graham, the
first living Inductee to the Steel Hall of Fame
The evening continues with presentations for the AMM Awards for Steel Excellence. The full list of
nominees includes:
Best Innovation
- Carpenter Technology - Phased Array
Inspection System
- China Beijing Mining Exchange - China
Iron Ore Spot Trading Platform
- Olympic Steel - Tube Laser installation
at Chicago Tube & Iron subsidiary
- Majestic - Technology innovations to
improve transparency
Best Merger & Acquisition
- AK Steel/Magnetation LLC, AK Coal
Resource Inc.
- Carpenter Technology/Latrobe Specialty
Metals
- AM Castle/Tube Supply Inc.
- Grede Holdings/Novocast and Teknik
(Mexico from Grupo Proeza) and Paxton-Mitchell (Omaha, Neb)
- Olympic Steel/Chicago Tube &
Iron
Best Operational Improvements
- ArcelorMittal Dofasco - Operating cost
savings, productivity increase resulting from Primary Optimization
Program (POP)
- ArcelorMittal Indiana Harbor - Blast
furnace top gas Energy Recovery & Reuse (504 boiler
project)
- ArcelorMittal Burns Harbor - Enhanced
efficiency, quality resulting from rebuild of the 160-inch plate
mill heat treat operation
- Carpenter Technology - Seven-fold
increase in throughput and zero customer rejections resulting from
the implementation of Phased Array Inspection System
- Superior Tube - Implementation of a Lean
Manufacturing culture leading to a 12-percent Increase in revenue
and 62-percent improvement in operating profit
Best Brownfield/Greenfield Technology
- ArcelorMittal Dofasco - Primary
Optimization Program (POP)
- ArcelorMittal Indiana Harbor - Blast
furnace top gas Energy Recovery & Reuse (504 boiler
project)
- ArcelorMittal Burns Harbor - Rebuild of
Heat Treat Operation serving 160-inch plate mill
- Essar Steel Algoma - Installation of
Individualized Oven Pressure Control System on No. 9 Coke
Battery
- GE/Wuhan - Increase in energy efficiency
and profitability
- Magnetation - Use of a unique, advanced
magnetic separation process to recover iron ore from existing
stockpiles of previously mined material.
Environmental
Responsibility/Stewardship
- Sims Metal Management - Global "Green"
Initiatives, capital Investments and accreditation
- Steel Market Development Institute (SMDI)
- Auto emissions reduction through the SMDI's
FutureSteelVehicle Project
- Olympic Steel - Installation of a 100 KW
Northern Power 100 wind turbine to supplement power used by
company's Cleveland temper mill and corporate headquarters
Industry Ambassador/Advocate of the
Year
- Dr. Sunil Widge, Carpenter Technology's
Senior Vice President -Strategic Business Development &
Governmental Affairs and Chairman of the Stainless Steel Industry
of North America from 2009 to 2011, steering the organization
through a difficult time for the industry.
- Thomas A. Danjczek, President, Steel
Manufacturers Association (SMA)
- Thomas J. Gibson, President and Chief
Executive Officer, American Iron & Steel Institute (AISI)
Logistics/Transportation Provider of the
Year
- Union Pacific - Introduction of numerous
new products, including Pipeline Express, Seamless Steel and Copper
Connection, designed to improve the ease of doing business by rail
for metal shipping customers
- Olympic Steel - Pioneering a private
fleet of metal movers that now number 117 total tractors and
trailers and the implementation of a state-of-the-art fleet
management system
Scrap Company of the Year
- Sims Metal Management - For overall
excellence in customer service/support and continuous improvement
initiatives worldwide
- Upstate Shredding - Customer-centered
service, community participation and strong support, have helped
make Upstate Shredding - Ben Weitsman one of the largest privately
held scrap metal processors on the U.S. East Coast
- Cohen - Fourth-generation, privately
owned, family business celebrated a banner year in 2011 when it
rebranded, added satellite operations and adopted an aggressive
plant to vertically integrate several new product lines and
services into its business model.
- All Star Metals - Brownsville,
Texas-based licensed ship recycling, metal processing and
environmental remediation contractor that has achieved steady
growth over the past nine years.
Service Center of the Year
- Berlin Metals - For excellence in
customer service, support and retention. On-time delivery rates are
said to have exceeded 99 percent for nearly a decade with customer
complaint percentage pegged at less than 1/2 of one percent for 15
years. Return on net assets (RONA) 2009, 2010 and 2011 is reported
at 1.5 percent, 21.7 percent and 23.9 percent respectively.
- Mill Steel - Grew 41.5 percent in terms
of tons sold and 26.3 percent in terms of customers sold in
calendar year 2011. Also completed variety of expansion and
equipment installation projects and experienced NO customer
defaults or bankruptcies in 2010 or 2011.
- AM Castle - Moved aggressively to ensure
future growth via the $165 million acquisition of Tube Supply at an
attractive multiple of EBITDA.
- Olympic Steel - Acquisition for $150
million in cash and assumption of about $6 million in debt of
Chicago Tube & Iron Co. (CTI, in July, 2011 proved immediately
accretive to earnings. Combined, Olympic and CTI noted revenue of
about $1.5 billion.)
Steel Producer of the Year
- CMC - CMC's vertical integration model
revolutionized the way the steel industry operates today.
- The Timken Co. - By applying its
knowledge of friction management and power transmission, Timken
helps customers products run smoother, faster and more
efficiently.
For more information about the AMM Awards for Steel Excellence
or the Hall of Fame, please contact Karen Ross at 412-880-4966 or
kross@amm.com.
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Contact: Karen Ross 412-880-4966