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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
CMC to Review Unsolicited Letter from Carl Icahn
29 November 2011 - Commercial Metals comments on the open letter released to the press by Carl Icahn proposing to acquire all outstanding common shares of Commercial Metals at a price of $15.00 per share.
Surma Elected Chairman of AISI
22 November 2011 - The American Iron and Steel Institute Board of Directors has elected U. S. Steel Chairman and CEO John P. Surma as the Chairman of AISI, replacing Nucor Chairman and CEO Daniel R. DiMicco, who served as the Institute’s Chairman for the past 18 months.
Quad Infotech Implements QMOS MES System at Gerdau Whitby Plant
22 November 2011 - Quad Infotech Inc. has completed implementation and commissioning of the QMOS Manufacturing Execution System (MES) at Gerdau’s Whitby plant in Ontario, Canada. This installation is part of Gerdau’s initiative to use QMOS as its corporate manufacturing system.
AK Steel Announces Stainless Steel Price Increase
18 November 2011 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on January 1, 2012.
Severstal Columbus Unveils $550 Million Phase II Facility Expansion
18 November 2011 - everstal North America celebrated the Grand Opening of its $550-million Phase II expansion in Columbus, Miss. The expansion included installation of a second EAF, caster, tunnel furnace, hot-dip galvanizing line, and push-pull pickle line.
Optima Specialty Steel to Acquire Niagara LaSalle Corporation
18 November 2011 - Optima Specialty Steel, Inc., announced that it has entered into a definitive agreement to acquire 100% of the Niagara LaSalle Corporation.
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.
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.
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.
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.
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.
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.
Carpenter Technology Reports First Quarter Results
01 November 2011 - Carpenter Technology Corp. reported net income attributable to Carpenter of $23.8 million ($0.53 per share) on net sales of $414.1 million for the quarter ended September 30, 2011.
U.S. Steel Chairman Elected to National Safety Council Board
01 November 2011 - The National Safety Council announced the election of U.S. Steel Chairman and CEO John P. Surma and three other new members to its Board of Directors.
CMC Reports Fourth Quarter and Full-Year Results
31 October 2011 - Commercial Metals Company reported a net loss of $120.3 million $1.04 per diluted share on net sales of $2.3 billion for the fourth quarter, and a net loss of $129.6 million on net sales of $7.9 billion for the full year ended August 31, 2011.
Timken Posts Strong Quarter, Raises Full-Year Forecast
28 October 2011 - Timken reported $111 million income from continuing operations on sales of $1.3 billion for the third quarter and $345.2 million income from continuing operations on sales of $3.9 billion in the first nine months of 2011.
Universal Stainless Reports Strong Third Quarter 2011 Results
27 October 2011 - Universal Stainless & Alloy Products reported net income of $3.9 million on record sales of $67.3 million for the third quarter, and net income of $13.9 million on sales of $190.4 million for the first nine months of 2011.
Allegheny Technologies Announces Third Quarter 2011 Results
27 October 2011 - Allegheny Technologies reported net income of $62.3 million on sales of $1.35 billion for the third quarter, and net income of $182.6 million on sales of $3.93 billion for the first nine months of 2011.
New Equipment Enables ThyssenKrupp Stainless USA to Produce Widths to 72 Inches
27 October 2011 - ThyssenKrupp Stainless USA has started up a hot strip annealing and pickling line and a second Sendzimir cold rolling mill at its Alabama plant.
