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Headlines
Latest News
Metals USA Reports 3rd Quarter Results
25 October 2005 - Metals USA, Inc. announced net income of $11.2 million on net sales revenue of $396.1 million for the three months ended September 30, 2005.
NS Group Reports 3rd Quarter Results
25 October 2005 - NS Group, Inc. announced net income of $30.8 million on net sales of $139.9 million for the third quarter, and net income of $87.3 million on net sales of $446.7 million for the nine months ended September 30, 2005.
Universal Stainless Reaches Labor Agreement with Titusville Employees
25 October 2005 - Universal Stainless & Alloy Products, Inc. has reached a new five-year collective bargaining agreement with the employees at its Titusville, Pa., facility.
Carpenter Reports Record 1st Quarter Results
25 October 2005 - Carpenter Technology Corp. reported record net income of $40.1 million on record sales of $346.0 million for the first fiscal quarter of 2006 ended September 30, 2005. Carpenter says the results reflected robust conditions in the aerospace market, increased sales of higher value materials, and the benefits from the company's continued focus on lean and variation reduction.
Don Daily Elected 2006-2007 Chairman of SMA
24 October 2005 - The Steel Manufacturers Association (SMA) Board of Directors announced the election of Don Daily as Chairman of the SMA for 2006 and 2007. He will succeed Keith Busse, who concludes his two-year term in February 2006.
AK Steel Enters Pellet Supply Agreement with QCM
24 October 2005 - AK Steel has entered into a long-term supply agreement with Quebec Cartier Mining Co. (QCM) for the purchase of iron ore pellets.
Cliffs Recognizes Top Suppliers
21 October 2005 - Cleveland-Cliffs Inc. recently announced the companies selected for its Supplier Excellence Award. The nine companies selected are participants in Cliffs' Alliance Suppliers Program. Top suppliers were honored for their high-quality products, excellent service, competitive pricing and ongoing commitment to provide value to Cliffs-managed mines.
AK Steel Dedicates Degasser and Caster at Ashland Works
21 October 2005 - AK Steel recently held a dedication ceremony for its new vacuum degassing unit and converted caster at the company's Ashland, Ky., facility.
AK Steel Announces Chairman of the Board
21 October 2005 - AK Steel announced that James L. Wainscott, 48, President and CEO, has been elected Chairman of the Board of Directors of AK Steel, effective January 1, 2006.
Novamerican Steel Announces New President
21 October 2005 - The Board of Directors and Mr. D. Bryan Jones, Chairman and CEO, of Novamerican Steel Inc. announced the appointment of Mr. Scott B. Jones as President of the corporation.
Reliance Steel & Aluminum Reports 3rd Quarter Results
21 October 2005 - Reliance Steel & Aluminum Co. reported net income of $49.4 million on record sales of $870.1 million, and record net income of $144.8 million on record sales of $2.5 billion for the third quarter and nine months ended September 30, 2005, respectively.
Nucor Reports 3rd Quarter Results
21 October 2005 - Nucor Corp. announced consolidated net earnings of $291.9 million on consolidated net sales of $3.03 billion for the third quarter, and record consolidated net earnings of $969.3 million on consolidated net sales of $9.49 billion for the first nine months of 2005.
Quanex Expects Record 4th Quarter Results
20 October 2005 - Quanex Corp. announced that it expects to report record fiscal fourth quarter diluted earnings per share from continuing operations when results are announced on December 2, 2005.
Steel Dynamics Reports Third Quarter Income
20 October 2005 - Steel Dynamics, Inc. announced earnings of $45 million on net sales of $499 million for the third quarter of 2005.
Steelworkers Humanity Fund Donates to Earthquake and Hurricane Relief
20 October 2005 - The United Steelworkers, through its Humanity Fund, has set aside $20,000 in emergency aid for victims of the devastating earthquake that struck India and Pakistan, and $10,000 for victims of Hurricane Stan in Guatemala.
Metals USA Stockholders Approve Merger Agreement
20 October 2005 - Metals USA, Inc. stockholders have voted to adopt the merger agreement providing for acquisition of the company by affiliates of Apollo Management, LP.
Carpenter Powder Products to Add Energy Surcharge
19 October 2005 - Carpenter Technology Corp.’s subsidiary Carpenter Powder Products Inc. (CPP) announced that it will add an energy component to its surcharge calculation for all tool and high-speed steel products.
ITC to Uphold Antidumping Duties for Butt-Weld Pipe Fittings
19 October 2005 - The U.S. International Trade Commission (ITC) announced it will uphold existing antidumping duty orders on carbon steel butt-weld pipe fittings from Brazil, China, Japan, Taiwan, and Thailand.
California Steel Reports 3rd Quarter Results
19 October 2005 - California Steel Industries, Inc. reported a net loss of $1.1 million on net sales of $287.7 million for the quarter ended September 30, 2005.
Steel Dynamics to Acquire Roanoke Electric Steel
19 October 2005 - Steel Dynamics, Inc. and Roanoke Electric Steel Corp. have announced their agreement to a merger in which SDI will acquire Roanoke.
