Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
AK Steel Reports Second Quarter 2011 Results
27 July 2011 - AK Steel reported net income of $33.1 million on net sales of $1,791.9 million for the second quarter and net income of $41.8 million on net sales of $3,373.0 million for the first six months of 2011.
U.S. Steel Reports 2011 Second Quarter Results
26 July 2011 - United States Steel reported net income of $222 million on net sales of $5.12 billion for the second quarter, and net income of $136 million on net sales of $9.98 billion for the first six months of 2011.
Nucor to Support 20 Veterans through CDS Warrior SALUTE Program
25 July 2011 - Nucor Corp. has entered into a partnership with Continuing Developmental Services, Inc. and the CDS Warrior SALUTE Program that will allow it to support 20 veterans throughout 2012 with services such as therapy and vocational training.
Nucor Reports 2nd Quarter Results
22 July 2011 - Nucor announced consolidated net earnings of $299.8 million on consolidated net sales of $5.11 billion for the second quarter, and consolidated net earnings of $459.6 million on consolidated net sales of $9.94 billion for the first six months of 2011.
Steel Dynamics Reports 2nd Quarter 2011 Results
19 July 2011 - Steel Dynamics reports net income of $99 million on net sales of $2.1 billion for the second quarter.
Steel Dynamics Names Rinn Executive VP of Metals Recycling
15 July 2011 - Steel Dynamics announces the appointment of Russell B. Rinn as Executive Vice President of Metals Recycling and President and Chief Operating Officer of OmniSource Corp.
Severstal North America to Receive $730 Million Loan from DOE
14 July 2011 - Severstal North America has received a conditional commitment for a $730 million loan from the U.S. Department of Energy.
ALJ Releases Third Quarter 2011 Revenue Performance
11 July 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $43.3 million the third quarter and revenues of $116.2 million for the nine months ended June 30, 2011.
Steel Dynamics, ThyssenKrupp Steel USA Receive Industry Awards
07 July 2011 - Steel Dynamics, Inc. was recently honored as "Steel Producer of the Year" as part of American Metal Market's second annual Awards for Steel Excellence, while ThyssenKrupp Steel USA was named as the winner for “Best Greenfield Technology”.
Butler Works EAF Sustains Damage in AK Steel Incident
06 July 2011 - The #5 electric arc furnace at AK Steel’s Butler Works sustained some damage on July 1 when molten steel inside the furnace broke through the furnace shell, causing damage to the furnace and some of its components.
AK Steel Announces August 2011 Surcharges
05 July 2011 - AK Steel says it will add a $455 per ton surcharge to invoices for electrical steel products shipped in August 2011.
Schnitzer Reports Strong Third Quarter Fiscal 2011 Results
01 July 2011 - Schnitzer Steel Industries, Inc. reported diluted earnings per share from continuing operations of $1.17 for its fiscal 2011 third quarter ended May 31, 2011.
USW Reaches Tentative Labor Agreements with Allegheny Technologies Facilities
01 July 2011 - The United Steelworkers has reached tentative four-year agreements with ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations.
Carpenter Technology Acquires Oilfield Alloys
28 June 2011 - Carpenter announced the acquisition of Singapore-based Oilfield Alloys Pte. Ltd., a manufacturer and distributer of directional drilling equipment in the Asia-Pacific region.
Severstal North America Honored for Steel Excellence
27 June 2011 - Severstal North America was named this year’s winner for Best Brownfield Technology in American Metal Market's 2011 Awards for Steel Excellence for the company’s efforts to remediate a steelworks site in Dearborn.
Schnitzer Honored as Scrap Company of the Year
24 June 2011 - Schnitzer Steel Industries was named ‘Scrap Company of the Year’ this week during American Metal Market's 2nd Annual Awards for Steel Excellence.
AK Steel Recognized for Operational Improvements at Butler, Zanesville
23 June 2011 - AK Steel has received an award from American Metal Market for ‘Best Operational Improvements’.
Severstal NA Appoints Vice President, Strategy and Business Development
22 June 2011 - Severstal North America announced this week the appointment of Saikat Dey as Vice President, Strategy and Business Development.
Commercial Metals Reports 3rd Quarter Results
22 June 2011 - Commercial Metals Co. reported net income of $36.2 million, or $0.31 per diluted share, on net sales of $2.1 billion for the quarter ended May 31, 2011. This compares with a net loss of $8.8 million, or $0.08 per diluted share, on net sales of $1.8 billion for last year's Q3.
Carpenter Technology to Acquire Latrobe
21 June 2011 - Carpenter Technology Corp. and Latrobe Specialty Metals, Inc. have entered into a definitive merger agreement whereby Carpenter will acquire Latrobe in a transaction valued at approximately $558 million. Closing is expected to occur during the first quarter of FY2012, which ends September 30, 2011.