JSW Steel has named Robert Simon as the chief executive officer of its US unit, as announced in a statement on March 6.
Simon will oversee the overall operations of the business, which includes slab, coil, pipe, and plate production and sales at Baytown and Mingo Junction. He will directly report to the respective boards of both JSW Steel’s subsidiary companies, the statement mentioned.
In the United States, JSW Steel operates a 1.5 million tonnes per annum (MNTPA) electric arc furnace-based steel-making facility in Ohio, along with downstream product facilities such as a 3-MNTPA hot-rolling mill in Ohio, a 1.2 MNTPA plate mill, and a 0.55 MNTPA pipe mill capacity in Baytown, Texas.
During the third quarter, the Texas mill produced 97,829 net tonnes of plates and 7,219 net tonnes of pipes, with a capacity utilization of 40 percent and 5 percent, respectively. Sales volume for the quarter stood at 86,985 net tonnes of plates and 5,532 net tonnes of pipes, with reported EBITDA of $18.67 million.
In 2022, Mark Bush stepped down from his position as Chief Executive Officer of JSW Steel USA, and Chief Operating Officer Greg Manfredi assumed interim leadership. Prior to joining JSW USA, Simon provided consultancy services to various companies, including OmniTrax in Denver, Colorado. Additionally, he served as the chief executive officer for the newly formed Bayou Steel Group, as per the statement.
