Midrex Technologies names Woody as new CEO

K.C. Woody has been named President & CEO of Midrex Technologies, Inc. effective immediately and Stephen Montague, former Midrex CEO will continue to serve on the Board of Directors, according to an announcement made here today.

Woody, a graduate of the U.S. Military Academy at West Point who served on active duty as an officer in the US Army, joined Midrex in 2010 and has held a variety of commercial roles including the first Managing Director of Midrex India Private Limited. He was named Director–Plant Sales in 2014, and was promoted to Vice President–Sales & Marketing in 2016. Woody became Chief Operating Officer (COO) in 2020, responsible for leading all the commercial and operations activities for the company, and in 2023, he was promoted to President of Midrex.
Midrex is the world leader for direct reduction ironmaking technology and aftermarket solutions for the steel industry. As developer of the Midrex Process, Midrex has designed, built, and serviced direct reduced iron (DRI) plants for 50-plus years. Midrex Plants produce approximately 80% of the world’s low CO2 DRI. The owner of Midrex Technologies is Kobe Steel, one of Japan's leading steelmakers.
The Midrex Process is highly flexible in reductant sources, iron oxide feed, and product discharge options. Plants can be configured to operate on natural gas, natural gas with hydrogen addition (Midrex Flex), and 100% hydrogen (Midrex H2). Iron oxide pellets and lump ores, regardless of their Fe content, can be transformed into either cold DRI (CDRI), hot DRI (HDRI), or hot briquetted iron (HBI). Plants can be designed for cold and hot discharge at the operator’s discretion, and proven options are available for transporting and charging HDRI.
Source: Midrex