Steel Dynamics’ Busse is new AISI chairman

The Board of Directors of the American Iron and Steel Institute (AISI) have elected Keith E. Busse, chairman and chief executive officer, Steel Dynamics, Inc., to a one-year term as chairman of the Institute.

Busse succeeds Ward J. “Tim” Timken, Jr., chairman, The Timken Company, who served as chairman of AISI for the 2007-2008 term and who will serve this year as vice chairman of the Institute. The Board also elected to one-year terms as vice chairmen of the Institute the following: Regulo Salinas, vice president for business, Hylsa, S.A. de C.V., and James L. Wainscott, chairman, president and chief executive officer, AK Steel Corporation.

In his role as chairman, Busse will speak out on issues such as climate change and trade, representing the industry on those and other important public policy issues. He has previously served as vice chairman of AISI and as chairman of the Institute’s Finance Committee.

Busse and his management team formed Steel Dynamics, Inc., a producer of flat-rolled carbon steels and shapes, in 1993. Prior to his role as chairman and CEO, Busse held the position of president and CEO.