-(1)-Reinhausen-(1).jpg?lang=en-US&ext=.jpg)
Veolia.gif?width=200&height=200&mediaprotectionhash=4deca34a0d5a00013b5a0ccdc2dcf98fd2c17aabb57eb7bbb27200552f29c247&ext=.gif)
Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Schnitzer Reports Strong First Quarter Fiscal 2011 Performance
07 January 2011 - Schnitzer Steel Industries reported diluted earnings per share from continuing operations of $0.64 and record first-quarter revenues of $675 million for its fiscal 2011 first quarter ended November 30, 2010.
AK Steel Announces Carbon Steel Price Increase
07 January 2011 - AK Steel announced plans to increase current spot market base prices by $50 per ton for all carbon flat-rolled steel products, effective immediately with new orders.
Cliffs Announces Receipt of "True-up" Payments from Essar Steel Algoma
07 January 2011 - Cliffs Natural Resources announces the receipt of $129 million in "true-up" payments from Essar Steel Algoma related to the portion of revenue from 2010 pellet sales that were disputed in a previously disclosed arbitration.
Essar Steel Algoma to Make True-Up Payment for Iron Ore
06 January 2011 - Essar Steel Algoma is making a US $129 Million true-up payment to its iron ore supplier. The amount represents the difference between amounts invoiced in 2010 and the amounts due under the recent arbitration award with respect to a pricing dispute.
Cliffs Natural Resources Names General Manager, Global Sustainability
06 January 2011 - Cliffs Natural Resources announced Ronald Nielsen has joined the organization as its new General Manager, Global Sustainability, effective Jan. 2011.
Worthington Reports 2nd Quarter Fiscal 2011 Results
06 January 2011 - Worthington Industries reported net earnings of $14.5 million on net sales of $580.7 million for its fiscal 2011 second quarter, and net earnings of $36.8 million on net sales of $1198 million for the six months ended November 30, 2010.
Essar Steel Algoma to Make True-Up Payment for Iron Ore
06 January 2011 - Essar Steel Algoma is making a US $129 Million true-up payment to its iron ore supplier. The amount represents the difference between amounts invoiced in 2010 and the amounts due under the recent arbitration award with respect to a pricing dispute.
Worthington Launches JV to Serve China’s Steel-Frame Housing Market
05 January 2011 - Worthington Industries announced this week the creation of a joint venture to manufacture light gauge steel framing products and to design, engineer and supply light gauge steel-framed mid-rise residential buildings in five Central Chinese provinces.
ATI Announces Pricing of Senior Notes Offering
05 January 2011 - Allegheny Technologies Inc. has priced its public offering of senior notes due 2021. Net proceeds will help to finance the cash portion of the merger consideration for the company’s acquisition of Ladish.
Schnitzer Acquires State Line Scrap
05 January 2011 - Schnitzer Steel Industries, Inc. has entered into a definitive agreement to acquire the assets of Attleboro, Mass.-based State Line Scrap Co., Inc. and certain of its affiliates.
Ferriola Named Nucor President and COO
04 January 2011 - Nucor’s Board of Directors has appointed John J. Ferriola President and Chief Operating Officer, effective January 1, 2011. Daniel R. DiMicco will continue to serve as Nucor's Chairman and Chief Executive Officer.
AK Steel Announces February 2011 Surcharges
04 January 2011 - AK Steel says it will add a $350 per ton surcharge to invoices for electrical steel products shipped in February 2011.
ALJ Releases First Quarter Revenue Performance
04 January 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $32.7 million for the fiscal first quarter ended December 31, 2010.
Carpenter Technology Acquires Amega West Services
04 January 2011 - Carpenter Technology expands its reach in the oil & gas market with the acquisition of Amega West Services, LLC, a manufacturer and service provider of complex components for directional drilling equipment, for approximately $54 million.
ATI Announces Expiration of HSR Review Period for Acquisition of Ladish
04 January 2011 - The review period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired for Allegheny Technologies’ previously announced acquisition of Ladish Co., Inc.
Timken Acquires City Scrap and Salvage
03 January 2011 - Timken subsidiary TSB Metal Recycling LLC has purchased the assets of City Scrap and Salvage Co. of Akron, Ohio. City Scrap has been supplying Timken with ferrous scrap for more than 15 years.
ALJ Announces Results for Fiscal Year 2010
03 January 2011 - ALJ Regional Holdings, Inc., the parent company of Kentucky Electric Steel, posted net income of $472,000 on net sales of $32.37 million for the fourth quarter, and net income of $5.69 million on net sales of $112.83 million for the fiscal year ended September 30, 2010.
EPA, DOJ and Indiana Reach Proposed Settlement on Westville, Ind., Superfund Site
30 December 2010 - U.S. EPA Region 5, U.S. DOJ, Indiana DEM and the Office of the Indiana Attorney General have reached a proposed settlement with a group of 13 potentially responsible parties who will pay for and complete the final phase of cleanup at the Cam-Or Superfund site in Westville, Ind.
AK Steel To Permanently Close Kentucky Coke Plant
29 December 2010 - AK Steel announced plans to permanently close its Ashland, Ky., coke plant in 2011. The company says the plant, which employs 263, is no longer cost-competitive.
Steel Dynamics to Supply Welded Rail for Vermonter Project
27 December 2010 - Steel Dynamics’ Structural and Rail Division will supply 28,500 net tons of continuous welded rail to L.B. Foster Co., for use in the "Vermonter" project in New England.
