Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Lake Erie Plant Employees Ratify New Collective Bargaining Agreement
16 April 2010 - United Steelworkers Local Union 8782 has ratified a new three-year labor contract for employees at U. S. Steel Canada Inc.'s Lake Erie Plant.
Cliffs Names New Executive Vice President
14 April 2010 - Cliffs Natural Resources Inc. has appointed P. Kelly Tompkins as Executive Vice President – Legal, Government Affairs and Sustainability, which is a newly created role. He will officially join Cliffs on May 3, 2010.
Nucor Berkeley to Start up QMOS MES System from Quad Infotech
14 April 2010 - Quad Infotech completes installation of a [QMOS] MES system at Nucor-Berkeley, Nucor’s beam mill in Huger, S.C.
Universal Stainless Announces Resignation of CFO
13 April 2010 - Richard M. Ubinger has submitted his resignation as Vice President of Finance, Chief Financial Officer, and Treasurer of Universal Stainless & Alloy Products, Inc. effective April 30, 2010. Ronald Hauck, who joined the company as Controller in 2005, will serve as principal financial officer on an interim basis through the conclusion of the search process.
Worthington Prices $150 Million of Senior Notes
12 April 2010 - Worthington Industries has priced its $150 million aggregate principal amount of senior notes due 2020 at 6.50% interest.
AK Steel to Increase Price for Carbon Steel Products
09 April 2010 - AK Steel says it will increase spot market base prices by $40 per ton, effective immediately with all new orders for carbon steel products.
United Steelworkers, U.S. Steel Reach Tentative Deal at Nanticoke
09 April 2010 - Negotiating teams for USW Local 8782 and U.S. Steel Canada's Lake Erie Works facility reach a tentative agreement that could bring an end to the lock-out that has been ongoing since last August.
U. S. Steel to Record Q1 Charge due to New Healthcare Legislation
08 April 2010 - United States Steel expects to record a charge of approximately $27 million in the first quarter of 2010 as a result of recently enacted Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010.
EPA to Begin Full Investigation at Raritan Bay Slag Superfund Site
08 April 2010 - The U.S. EPA will begin a full investigation of the type and extent of contamination at the Raritan Bay Slag Superfund Site in Old Bridge and Sayreville, N.J., within a few weeks. The site was put on the federal Superfund list in November 2009 after sampling revealed elevated levels of lead in the jetty and seawall.
AK Steel Announces May 2010 Surcharges
07 April 2010 - AK Steel says it will add a $420 per ton surcharge to invoices for electrical steel products shipped in May 2010.
AK Steel Marks 15th Anniversary of Listing on NYSE
06 April 2010 - AK Steel celebrated its fifteenth anniversary of trading on the New York Stock Exchange (NYSE) this week by ringing the NYSE's opening bell, signifying the start of the trading day.
Worthington Reports Fiscal 3rd Quarter Results
05 April 2010 - Worthington Industries reported a net loss of $17.7 million on net sales of $451.1 million for the third quarter ended February 28, 2010, and net earnings of $12.2 million on net sales of $1,316.6 million for the first nine months of fiscal 2010.
EU Hands out Excess Carbon Allowances in 2009
02 April 2010 - The recession led to emissions from industrial plants included in the EU's emissions trading system to drop by 11% in 2009, according to energy information provider ICIS Heren. The EU handed out more free carbon allowances than were actually needed for plants to comply with 2009 emissions.
EPA, NY DEC Investigate Equipment Failure at Tonawanda Coke
02 April 2010 - The U.S. EPA and the New York State Department of Environmental Conservation are investigating equipment failure at Tonawanda Coke that triggered an emergency flare this week to prevent the release of potentially harmful gas.
ALJ Releases 2nd Quarter Revenue Performance
02 April 2010 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $28.5 million for the second quarter, and revenues of $49.5 million for the six months ended March 31, 2010.
Carpenter to Record Q3 Non-Cash Expense Related to New U.S. Health Care Law
02 April 2010 - Carpenter Technology will record a non-cash charge of approximately $5.9 million, or $0.13 per share, in its third quarter ending March 31, 2010, as a result of the recently enacted health care reform legislation.
Allegheny Technologies to Record Q1 Charge Due to New Healthcare Law
30 March 2010 - Allegheny Technologies expects to record a non-cash tax charge of approximately $5 million in the first quarter 2010 as a result of the recently-enacted Patient Protection and Affordable Care Act.
Timken Named to List of Most Ethical Companies
29 March 2010 - The Timken Co. has been recognized as one of the World's Most Ethical Companies for 2010 by the Ethisphere Institute, an international organization focused on the advancement of best practices in business ethics, corporate responsibility, and sustainability.
AK Steel Coke Plant Recognized for Safety Performance
29 March 2010 - AK Steel's Ashland, Ky., coke plant has received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute. Employees at the plant worked the entire year of 2009 without a single OSHA-recordable injury.
CMC Reports Second Quarter Loss
25 March 2010 - Commercial Metals Co. reported a net loss of $173.3 million on net sales of $1.32 billion for the second quarter and a net loss of $204.5 million on net sales of $2.72 billion for the six months ended February 28, 2010.