Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
EMCOR to Upgrade Electrical System for Indiana Harbor HSM
18 August 2011 - ArcelorMittal has awarded a contract to EMCOR Group subsidiary EMCOR Hyre Electric to upgrade the electrical systems for the company’s Indiana Harbor facility in East Chicago, Ind.
Keystone to Withdraw Registration Statement for Subscription Rights Offering
18 August 2011 - Keystone Consolidated Industries has decided not to proceed with its proposed subscription rights offering following the purchase of 1.55 million shares of Keystone common stock in a private transaction by majority shareholder Contran.
PBGC Negotiates Pension Funding for Sand Springs Workers
17 August 2011 - The Pension Benefit Guaranty Corporation has reached an agreement with Gerdau that will add $18.6 million in additional pension funding covering more than 780 workers and retirees in Sand Springs, Okla.
Enviance to Provide Environmental System for ArcelorMittal USA
17 August 2011 - ArcelorMittal USA has selected Enviance, Inc.’s cloud-based software to manage data for air emissions, greenhouse gas (GHG) inventory, material safety data sheets (MSDS), water and waste.
ALJ Reports Third Quarter Results
16 August 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported net income of $2.5 million on revenue of $43.2 million for the third quarter and net income of $5.5 million on revenue of $116.1 million for the nine months ended June 30, 2011.
AK Steel Announces Carbon Steel Price Increase
11 August 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products.
FTC Requests Additional Info Regarding Carpenter’s Acquisition of Latrobe
09 August 2011 - The U.S. Federal Trade Commission has submitted requests to both Carpenter Technology and Latrobe Specialty Metals for additional information regarding Carpenter's pending acquisition of Latrobe.
Latrobe Specialty Negotiates Wage Re-opener with Local 1537
08 August 2011 - United Steelworkers’ Local 1537 overwhelmingly approved a tentative agreement with Latrobe Specialty Metals Co. on Saturday, July 30th.
Evraz to Expand Portland Tubular Operations
08 August 2011 - Evraz Group plans to expand Evraz Inc. NA’s structural tubing facility in Portland, Ore., to add capacity to manufacture API-certified pipe. The expansion is scheduled for completion by August 2012.
Commercial Metals Adopts Stockholder Rights Plan
02 August 2011 - The Board of Directors of Commercial Metals Co. has adopted a Stockholder Rights Plan with a 10% threshold; stockholders with existing positions over 10% will be grandfathered.
AK Steel Announces September 2011 Surcharges
02 August 2011 - AK Steel will add a $460 per ton surcharge to invoices for electrical steel products shipped in September 2011.
U. S. Steel Announces Executive Appointments
02 August 2011 - United States Steel announced two executive appointments in its corporate risk management and finance organizations; both appointments are effective immediately.
ATI Operations, USW Reach Tentative Agreement
02 August 2011 - United Steelworkers, ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations have reached tentative four-year agreements covering approximately 3,000 employees.
Universal Stainless Reports Strong Second Quarter 2011 Results
01 August 2011 - Universal Stainless & Alloy Products reported net income of $5.5 million on sales of $63.3 million for the second quarter, and net income of $9.97 million on sales of $123.1 million for the first six months of 2011.
Severstal Columbus Signs $350 Million Revolving Credit Facility
29 July 2011 - Severstal Columbus has signed a $350 million syndicated revolving credit facility, proceeds of which will be used, among other things, to refinance an existing $150-million revolving credit facility.
Carpenter Technology Reports Fourth Quarter Results
29 July 2011 - Carpenter Technology reported net income attributable to Carpenter of $25.5 million on net sales of $483.6 million for the fourth quarter, and net income attributable to Carpenter of $71.0 million on net sales of $1.675 billion for the full year fiscal 2011.
Timken Posts Second Quarter Earnings
29 July 2011 - The Timken Co. reported $121.5 million income from continuing operations on sales of $1.3 billion for the second quarter of 2011.
Allegheny Technologies Announces Second Quarter 2011 Results
28 July 2011 - Allegheny Technologies reported net income of $64.0 million on sales of $1.35 billion for the second quarter, and net income of $120.3 million on sales of $2.58 billion for the first six months of 2011.
Timken, Partners Break Ground on Wind Energy R&D Center
27 July 2011 - Timken, Stark State College and the Stark County Port Authority officially broke ground this week on a Wind Energy Research and Development Center, America's first R&D center for large wind-turbine gearbox systems.
USW Members Reject New Contract at ATI
27 July 2011 - United Steelworkers members have rejected a four-year contract with Allegheny Technologies that would have covered represented employees at ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations.