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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
ThyssenKrupp Celebrates Construction Milestones for Alabama Mill
07 November 2008 - ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA celebrate the first anniversary of groundbreaking with a review of the key construction milestones to date for their new world-class complex in Calvert, Ala.
Keystone Reports 3rd Quarter Results
07 November 2008 - Keystone Consolidated Industries reports net income of $24.0 million on net sales of $183 million for the third quarter of 2008.
AK Steel Posts December Surcharges for Electrical Steels
06 November 2008 - AK Steel will add a $185 per ton surcharge for electrical steel products shipped in December 2008.
Gerdau Ameristeel Reports Record 3rd Quarter Earnings
06 November 2008 - Gerdau Ameristeel reports net income of $316.9 million on net sales of $2.5 billion for the third quarter, and net income of $742.0 million on net sales of $7.1 billion for the nine months ended September 30, 2008.
AK Steel Updates Fourth Quarter Outlook
05 November 2008 - AK Steel lowers its fourth quarter 2008 shipping and earnings expectations based on weaker-than-expected economic conditions in the United States and globally.
Schnitzer Steel Announces New CEO
05 November 2008 - Schnitzer Steel Industries announces the election of its new President and CEO, replacing John D. Carter, who has been elected Chairman of the Board, effective December 1, 2008.
California Steel Reports 3rd Quarter Results
05 November 2008 - California Steel Industries reports net income of $35.5 million on net sales revenue of $440.8 million for the third quarter, and net income of $89.4 million on net sales revenue of $1.24 billion for the nine months ended September 30, 2008.
Allegheny Technologies Elects New Director
04 November 2008 - Allegheny Technologies announces the election of a new director, increasing the number of directors on its Board of Directors to nine.
Timken Expands Aerospace Aftermarket Position with EXTEX Acquisition
04 November 2008 - Timken acquires the assets of EXTEX, a leading designer and marketer of high-quality replacement engine parts for the aerospace aftermarket.
Worthington to Sell Interest in European Steel Processing Venture
03 November 2008 - Worthington Steel agrees to sell its 49% equity interest in Canessa Worthington Slovakia to its joint venture partner, The CLN Group.
Schnitzer Steel Falls Short on Nasdaq Independent Director Requirement
03 November 2008 - Schnitzer Steel receives Nasdaq Staff Deficiency Letter indicating that the company was not in compliance with the independent director requirement for continued listing.
U. S. Steel Acquires Outstanding Interests in Clairton 1314B Partnership
03 November 2008 - U. S. Steel acquires additional equity interests that it did not previously own in the Clairton 1314B Partnership LP for a price of $104 million, and subsequently terminated the Partnership.
CMC Reports 4th Quarter, Full Year Results
31 October 2008 - Commercial Metals reports net earnings of $63.5 million on net sales of $3.1 billion for the fourth quarter, and net earnings of $232.0 million on net sales of $10.4 billion for the year ended August 31, 2008.
Cliffs Reports Record 3rd-Quarter, Nine-Month Results
30 October 2008 - Cliffs Natural Resources reports net earnings of $175 million on quarterly record consolidated revenues of $1.2 billion for the third quarter, and net income of $462 million on record revenues of $2.7 billion for the nine-month period ended Sept. 30, 2008.
Timken Joint Venture Breaks Ground on Wind Energy Plant
29 October 2008 - Timken’s new joint venture, Timken XEMC (Hunan) Bearings Co., recently broke ground on a new wind energy plant that it will build in China’s Hunan province.
Carpenter Technology Reports First Quarter Results
29 October 2008 - Carpenter Technology reported net income of $25.8 million on net sales of $413.7 million for the fiscal first quarter ended September 30, 2008.
Schnitzer Steel Reports Record 4th Quarter, Annual Results
29 October 2008 - Schnitzer Steel Industries reported record net income of $126 million on record revenues of $1.3 billion for the fiscal fourth quarter and record net income of $249 million on revenues of $3.6 billion for the year ended August 31, 2008.
Cliffs to Idle Three Iron Ore Pellet Furnaces
29 October 2008 - Cliffs Natural Resources is initiating production curtailments on two small pellet furnaces at Northshore Mining and on a small pellet furnace at United Taconite, two of the company’s six North American iron ore mines.
U. S. Steel Reports Record 3rd Quarter Results
29 October 2008 - United States Steel reports net income of $919 million on net sales of $7.3 billion for the third quarter, and net income of $1.82 billion on net sales of $19.3 billion for the nine months ended September 30, 2008.
Timken Reports Record Third-Quarter Earnings
28 October 2008 - Timken reports income from continuing operations of $130.4 million on record third-quarter sales of $1.48 billion for the third quarter, and net income of $303.8 million on sales of $4.45 billion for the first nine months of 2008.
