Steel News

AK Steel Announces November Electrical Steel Surcharges

04 October 2007 - AK Steel will add a $240 per ton surcharge to invoices for electrical steel products shipped in November 2007.

Ryerson Announces Convertibility of Senior Notes

04 October 2007 - Ryerson's 3.50% Convertible Senior Notes due 2024 will be convertible beginning October 4, 2007 through November 21, 2007, the date on which Ryerson's fundamental change repurchase offer is expected to expire.

Gibraltar to Sell the Assets and Cease the Operations of Its Hubbell Steel Subsidiary

04 October 2007 - Gibraltar Industries is selling the assets and ceasing operations of its Hubbell Steel subsidiary in support of its ongoing effort to sell non-core assets and businesses.

Reliance Completes Acquisition of Metalweb

03 October 2007 - Reliance Steel & Aluminum completes its purchase of Metalweb plc, a Birmingham, England, based metal service center with three additional centers in England.

CMC Steel Boosts EAF Operator Safety with Automated Motank Equipment

03 October 2007 - CMC Steel South Carolina reduces the need for a man-driven forklift at the EAF with the addition of Moré’s Motank machine, a dedicated remote-controlled truck equipped with a horizontal ram.

Gerdau Ameristeel and USW Reach Agreement at Sand Springs, Calvert City

03 October 2007 - Gerdau Ameristeel reaches agreements with the United Steel Workers at the company's Sand Springs, Okla., and Calvert City, Ky., steel mills.

OSHA Cites Universal Stainless & Alloy for Safety and Health Violations

02 October 2007 - OSHA is proposing $126,500 in penalties for alleged safety and health violations at Universal Stainless & Alloy Products.

Worthington Subsidiary Supports Housing Donation for Injured Veteran

02 October 2007 - Worthington Integrated Building Systems is partnering with the METALCON International trade show and Homes for Our Troops to build a home for injured U.S. Marine Corps veteran Cpl. Evan Morgan and his family.

Gerdau Ameristeel Announces Acquisition of Enco Materials

02 October 2007 - Gerdau Ameristeel acquires Enco Materials, a Nashville-based supplier of fabricated products to the commercial construction market.

Steel Dynamics to Acquire OmniSource

02 October 2007 - Steel Dynamics enters a definitive agreement to acquire OmniSource, one of North America’s largest scrap recycling companies, in a transaction valued at slightly more than $1 billion.

Dynamet Names New President

01 October 2007 - Carpenter Technology subsidiary Dynamet names Andrew McElwee as its President, effective September 10, 2007.

Russel Metals Completes Acquisition of JMS Metal Services

01 October 2007 - Russel Metals completes its acquisition of JMS Metals Services and related companies.

U. S. Steel Names General Manager—Commercial, Tubular Products

01 October 2007 - United States Steel appoints George H. Thompson Jr. as General Manager—Commercial in the company’s tubular products organization.

U. S. Steel Names General Manager—Service Centers

01 October 2007 - United States Steel promotes Michael N. Meyers to the position of General Manager—Service Centers, Electrical, Agricultural & Industrial Equipment in the company's flat-roll products commercial organization.

USW Members to Vote on Tentative Contracts at Gerdau’s Sand Springs and Calvert City Plants

01 October 2007 - Members of the United Steelworkers reach tentative agreements at Gerdau Ameristeel plants in Sand Springs, Okla., and Calvert City, Ky., with ratification votes scheduled for Friday and this Tuesday.

Mercury Switch Recovery Program Celebrates One-Year Anniversary

28 September 2007 - The National Vehicle Mercury Switch Recovery Program celebrates its one-year anniversary this month with the release of the Program’s 2006-2007 Annual Report.

Dietrich Metal Framing Products Featured on Extreme Makeover Season Premiere

28 September 2007 - The season premiere of the TV show Extreme Makeover: Home Edition will feature metal wall and floor framing materials from Dietrich Metal Framing for a project in Kalihi, Hawaii, that will be the show’s largest build to date.

Steelworkers Ratify New Contract with Republic

28 September 2007 - Members of the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers Union ratify a new five-year labor contract with Republic Engineered Products, Inc.

Stelco Reports Interest Rate for Floating Rate Notes

28 September 2007 - The rate of interest per annum for Stelco's floating rate notes due 2016 will be 10.64% for the period from September 30, 2007 to March 30, 2008.

Danieli to Provide Cold Mill Complex for Acciaieria Arvedi

27 September 2007 - Danieli will supply a complete new cold mill complex to Acciaieria Arvedi, including a push-pull pickling line, a coupled continuous pickling line and tandem mill, and two hot dip galvanizing lines.