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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Contract Ratification Clears Way for Timken Investment at Faircrest
23 February 2012 - After securing a new five-year labor agreement, Timken officials announced that they plan to move forward with a $225 million investment at the Faircrest Steel Plant in Stark County, Ohio.
Steel Dynamics to Expand Production of SBQ Steels
17 February 2012 - Steel Dynamics will expand the company’s Engineered Bar Products Division in Pittsboro, Ind., with the addition of a second rolling line that will permit concurrent production of small-diameter precision and larger-diameter bars.
ALJ Announces 1st Quarter Earnings
16 February 2012 - ALJ, the parent company of Kentucky Electric Steel, reported a net profit of $1.724 million on net sales of $38.90 million for the first quarter ended December 31, 2011.
AHMSA and Posco to Explore Mining, Steel Production Activities
10 February 2012 - Altos Hornos de México S.A.B. de C.V. (AHMSA) and Pohang Iron and Steel Co. (Posco) have entered into a letter of intention to jointly evaluate mining as well as iron and steel projects.
Severstal NA Honored by SMA for Zero Lost Time Accidents at Severstal Columbus
10 February 2012 - The Steel Manufacturers Association (SMA) has selected Severstal North America to receive a safety award in recognition of Zero Lost Time Accidents (LTA) at the company’s Columbus, Miss., facility.
Qatar Steel Signs Slag Sale and Recycling Agreement
09 February 2012 - Qatar Steel has signed a slag sale and recycling contract with Slag Aggregate Producer that will enable better reuse and reinvestment while helping to consolidate and strengthen the co-operation ties between Qatar Steel and the private sector.
Timken, USW Local 1123 Reach New Tentative Agreement
09 February 2012 - The Timken Company and the United Steelworkers (USW) Local 1123 have reached a new tentative agreement on a five-year contract, subject to a member ratification vote within the next two weeks.
AK Steel Reacts to DOE’s Proposed Transformer Efficiency Standards
06 February 2012 - AK Steel says it does not expect the revised energy efficiency standards just proposed by the U.S. Department of Energy to significantly impact the overall competitiveness of the company's grain-oriented electrical steels.
AK Steel Reports 4th Quarter, Full-Year 2011 Results
03 February 2012 - AK Steel reported a net loss of $193.9 million on net sales of $1,509.2 million for the fourth quarter, and a net loss of $155.6 million on net sales of $6,468.0 million for the full year of 2011.
U. S. Steel Reports 4th Quarter and Full-Year Results
01 February 2012 - United States Steel reported a net loss of $226 million on net sales of $4.664 billion for the fourth quarter, and a net loss of $68 million on net sales of $19.636 billion for the full year 2011.
United States Steel to Sell U. S. Steel Serbia
31 January 2012 - United States Steel Corp. announced plans to sell its U. S. Steel Serbia d.o.o. unit to the Republic of Serbia for a nominal purchase price.
Universal Stainless Reports 4th Quarter 2011 Results
30 January 2012 - Universal Stainless & Alloy Products, Inc. reported net income of $4.3 million on sales of $62.2 million for the fourth quarter, and net income of $18.1 million on record sales of $252.6 million for the full year of 2011.
Nucor CEO Wins AISC Robert P. Stupp Award
30 January 2012 - Nucor Corp. Chairman and Chief Executive Officer, Daniel R. DiMicco, was announced as the recipient of the Robert P. Stupp Award for Leadership Excellence by the American Institute of Steel Construction. He will be honored at AISC's 2012 North American Steel Construction Conference in April.
Carpenter Technology Reports Second Quarter Results
30 January 2012 - Carpenter Technology reported net income attributable to Carpenter of $23.6 million ($0.52 per share) for the quarter ended December 31, 2011.
Allegheny Technologies Reports 4th Quarter, Full Year 2011 Results
27 January 2012 - Allegheny Technologies Inc. reported net income for the fourth quarter 2011 of $31.7 million, or $0.29 per share, on sales of $1.25 billion. For the full year 2011, net income was $214.3 million, or $1.97 per share, on sales of $5.18 billion.
Nucor Reports Results for 4th Quarter, Year Ended 2011
27 January 2012 - Nucor Corp. reported consolidated net earnings of $137.1 million on consolidated net sales of $4.83 billion for the fourth quarter, and consolidated net earnings of $778.2 million on consolidated net sales of $20.02 billion for the full year 2010.
Nucor to Expand Special Bar Quality Production
26 January 2012 - Nucor Corp. has announced plans for the continued expansion of its special bar quality (SBQ) production capabilities by a combined one million tons over the next two years.
Steel Dynamics Reports 4th Quarter, 2011 Results
26 January 2012 - Steel Dynamics, Inc. announced net income of $30 million on net sales of $1.9 billion for the fourth quarter, and net income of $278 million on net sales of $8.0 billion for the full year 2011.
ALJ Reports First Quarter Revenue Performance
26 January 2012 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenue of $38.9 million for the first fiscal quarter ended December 31, 2011.
AK Steel Announces Stainless Steel Price Increase
25 January 2012 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on March 4, 2012.
