Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Oates Becomes Chairman of the Board of Universal Stainless
15 June 2010 - Universal Stainless & Alloy Products President and CEO Dennis M. Oates assumes the additional post of Chairman of the Board of Directors.
Court Upholds Canadian Law, Dismisses U.S. Steel Case on Unconstitutionality
15 June 2010 - A Canadian Federal Court ruling confirms the federal government's ability and obligation to ensure foreign takeovers of Canadian companies provide real benefits to the country, and dismissing a legal challenge by U.S. Steel, which had argued the Investment Canada Act's enforcement mechanisms were unconstitutional.
NLMK Wins National Environmental Award
11 June 2010 - Novolipetsk Steel has won a National Environmental Award for “Innovative Eco-Efficient Industrial Technologies,” being awarded a special figurine and diploma for the successful implementation of its “Industrial Water Supply System Upgrade” project.
Harsco, EPA Partner on Sustainable Remediation of Former Gulf States Site
10 June 2010 - Harsco and the EPA are celebrating their innovative partnership to process stockpiled waste materials left behind when the Gulf States mill closed operations and filed for bankruptcy more than ten years ago.
Carpenter Technology Announces New President and CEO
08 June 2010 - Carpenter Technology announces the selection of William A. Wulfsohn as the company’s new President and CEO, replacing Gregory A. Pratt, who is currently serving as interim CEO and President.
Cliffs Reviews Options Regarding Proposed KWG Takeover
08 June 2010 - Cliffs Natural Resources Inc. continues to review its options with respect to making a formal offer for the common shares of KWG Resources Inc. Cliffs may not make such an offer due to KWG’s recent disclosure that it has entered into a binding letter agreement to merge with Spider Resources Inc.
Tata Steel Active on World Environment Day
08 June 2010 - Tata Steel observed World Environment Day at Jamshedpur and all its operational locations, keeping with this year’s global theme, “Many Species. One Planet. One Future.” The day included a widespread tree-plantation drive.
Tata Steel Unveils Environment Awareness Campaign
07 June 2010 - Tata Steel has unveiled its new nationwide environment awareness campaign “Greenfection” to raise awareness and urge the citizens to protect the environment. The launch was marked by “Green Lighting” of the Victoria Memorial and the Tata Centre in Kolkata.
AK Steel Announces July 2010 Surcharges
03 June 2010 - AK Steel says it will add a $395 per ton surcharge to invoices for electrical steel products shipped in July 2010.
Gerdau S.A. Proposes to Acquire Minority Shares in Gerdau Ameristeel
03 June 2010 - Gerdau S.A. has delivered to the Board of Directors of Gerdau Ameristeel a proposal to acquire all shares of Gerdau Ameristeel Corp. that it does not already own for US$11.00 cash per share. The Board has unanimously determined that it would support a transaction at the price, subject to finalization of definitive documentation for the transaction.
Harsco to Provide Services at Severstal Warren, former Geneva Steel
02 June 2010 - Harsco Corp.’s Metals business has secured two new orders totaling close to $40 million for slag processing and onsite environmental services to the U.S. steelmaking sector.
Essar Steel Algoma Takes Action against Cliffs
01 June 2010 - Essar Steel Algoma has commenced arbitration proceedings against Cleveland-Cliffs Iron Co. and some of its affiliates to resolve a pricing dispute and to ensure its supply of iron ore pellets pending a resolution.
AK Steel Announces Senior Management Changes
01 June 2010 - AK Steel’s Board of Directors has approved the promotion of several members of its executive management team, as well as three new vice president positions and the appointment of a new Controller and Chief Accounting Officer.
Nucor Receives Air Quality Permit for St. James Parish Project
26 May 2010 - The Louisiana Department of Environmental Quality has issued an air quality permit, marking a milestone in the construction of a major greenfield facility in St. James Parish. The issuance of the permit allows Nucor to move forward in its site selection process.
Cliffs Proposes Transactions to Acquire KWG, Spider
26 May 2010 - Cliffs Natural Resources Inc. intends to make take-over bids pursuant to which it or an affiliate would acquire all of the common shares of KWG Resources Inc. and/or Spider Resources Inc. not owned by Cliffs or its affiliates.
AK Steel Reports Final Results of Cash Tender Offer, Consent Solicitation
25 May 2010 - AK Steel announced that $321.3 million in aggregate principal amount of the 7 3/4% Senior Notes due 2012 were validly tendered prior to expiration of the company’s cash tender offer and consent solicitation on May 21, 2010.
Olympic Steel Recognized for Safety Excellence
24 May 2010 - Olympic Steel, Inc. has been recognized for its adherence to excellence in safety by the Fabricators & Manufacturers Associations, International. Its facilities in Cleveland, Chicago, and Detroit received Safety Awards of Honor for perfect safety records with no recordable injuries or illnesses for the reporting period.
Cliffs Appoints New Senior Vice President—President of Ferroalloys
24 May 2010 - Cliffs Natural Resources has appointed William C. Boor, former Senior Vice President—Business Development, to the newly created position of Senior Vice President—President, Ferroalloys, effective immediately.
Esmark Completes Acquisition of Five Midwest Service Centers
21 May 2010 - Esmark Steel Group completes its acquisition of five steel service centers in Illinois and Ohio from OAO Severstal.
Commercial Metals Issues Third Quarter Guidance
19 May 2010 - Commercial Metals is estimating that third-quarter results will range from breakeven to a $0.10 per share loss, up from a loss of $1.53 per share in the previous quarter.