Steel Mills
May 7, 2020
Last Three Months Have Felt Like Three Years, Says Ryerson CEO
Written by Sandy Williams
Ryerson CEO Eddie Lehner says the last three months have felt like three separate years due to the shock of the COVID-19 pandemic: BCV (Before the Coronavirus), DCV (During the Coronavirus) and ACV (After the Coronavirus).
After a slow start to January due to weak demand from OEMs, the quarter gave way to a “pandemic tidal wave which gripped China in January and February, exponentially spread, and paralyzed North America in March,” said Lehner. BCV and DCV were dedicated to implementing plans and policies to safeguard the health and safety of the workforce “while preserving liquidity and recovery capacity through the crisis interval and aftermath.”
