Steel News

Metal Shipments Resume Double-Digit Growth in U.S.

17 November 2011 - Service center shipments returned to double-digit increases in the U.S. in October, while Canadian shipments grew at a slightly slower rate than last month, according to the latest Metals Activity Report from the Metals Service Center Institute.

Republic Steel Plans New EAF at Lorain, Ohio Facility

17 November 2011 - Republic Steel announced plans to invest $85.2 million in an electric arc furnace and associated equipment at its steelmaking facility in Lorain, Ohio.

OSHA Cites Legend Tube and Metal Sales for Safety Violations

16 November 2011 - The U.S. Department of Labor's Occupational Safety and Health Administration has cited Legend Tube and Metal Sales Inc. for 21 safety and health violations for operating unsafe cranes that struck and injured two workers.

AIST Presents 2011 Energy Achievement Award to ArcelorMittal Dofasco

15 November 2011 - AIST’s Energy and Utilities Technology Committee (EUTC) presented the 2011 Energy Achievement Award to ArcelorMittal Dofasco Inc. for its Hot Mill Reheat Furnace Heating Optimization Project.

Ryerson Opens New Service Center in Salt Lake City

15 November 2011 - Ryerson Inc. celebrates the grand opening of their newest service center located in Salt Lake City, Utah.

U. S. Steel Tubular Products Announces 2011 Chief Roughneck Award

14 November 2011 - U. S. Steel Tubular Products, Inc. announced Michael C. Linn, Executive Chairman of Linn Energy, LLC, as the recipient of its Chief Roughneck Award for 2011.

Esmark Announces 2011-2012 Scholarship Recipients

11 November 2011 - Esmark, Inc. announced this week the recipients of the company’s 2011-2012 Helen Bouchard Esmark Scholars.

First Heat in 100 Years Acutely Significant for Southside Chicagoland Steel

11 November 2011 - A. Finkl & Sons, with the help of Great Lakes Mechanical Services in Crete, Ill., and SMS Siemag, recently celebrated the first heat of steel from a new steel forging furnace on the southside of Chicago.

Essar Steel Algoma Reports Positive Quarterly Results

10 November 2011 - Essar Steel Algoma reported a net income of $73.7 million on revenue of $555.3 million and shipments of 673,640 tons for the three-month period ending September 30, 2011.

Stainless Imports up 35% Through YTD August 2011

10 November 2011 - Total stainless imports reached 557,407 tons through YTD August 2011, a 34.4% increase compared to YTD August 2010 according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) reached 704,798 tons through the same period, a 33.7% increase.

AK Steel Announces Carbon Steel Price Increase

09 November 2011 - AK Steel announces plans to increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders.

Olympic Steel Reports Record Third Quarter Net Sales

09 November 2011 - Olympic Steel, Inc. reported net income of $6.1 million on record net sales of $348.5 million for the third quarter, and net income of $24.4 million on net sales of $941.9 million for the nine months ended September 30, 2011.

Horsehead Announces Third Quarter 2011 Earnings

08 November 2011 - Horsehead Holding Corp. reported consolidated net earnings of $23.1 million ($0.52 per diluted share) for the third quarter of 2011.

MSA to Develop Process Benchmarker Platform for AIST

08 November 2011 - Management Science Associates Inc.’s Metals and Advanced Manufacturing Division has received a contract to design and implement a Web-based platform and service for benchmarking operational performance metrics for the Technology Committees of the Association for Iron & Steel Technology.

Air Liquide Starts Up New Air Separation Unit at Rancho Cucamonga

08 November 2011 - Air Liquide Industrial U.S. LP celebrated this week the start-up of new Air Separation Unit at its facility in Rancho Cucamonga, Calif.

Cliffs Natural Resources Reports on Sustainability Progress

04 November 2011 - Cliffs Natural Resources has released its third sustainability report, which provides a comprehensive look at Cliffs' business and describes the company's goals, progress and outcomes in four key areas of corporate responsibility: corporate governance, environment, community and economic value.

Russel Metals Announces Third Quarter Results

04 November 2011 - Russel Metals announced earnings of $26 million on revenues of $705 million for the third quarter, and net earnings of $90 million on revenues of $2.0 billion for the nine months ended September 30, 2011.

Canadian Auto Workers Local Ratifies Contract with Lakeside Steel

04 November 2011 - Members of the Canadian Auto Workers, Local 523, the union representing employees at the Welland, Ont., facilities of Lakeside Steel Corp. have ratified a new three-year collective agreement.

Don B. Daily Memorial Fund Selects Recipients

03 November 2011 - The Steel Manufacturers Association (SMA) and the Association for Iron & Steel Technology (AIST) Foundation are proud to announce the first-year recipients of the newly established Don B. Daily Memorial Fund to Promote Steel Industry Safety and Health.

First Heat in 100 Years for Southside Chicagoland Steel

03 November 2011 - A. Finkl & Sons, with the help of Great Lakes Mechanical Services and SMS Diemag, recently celebrated the first heat of a new steel-forging furnace in over 100 years on the southside of Chicago.