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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
Nucor Prices Common Stock Offering
23 May 2008 - Nucor prices its public offering of 25 million shares of its common stock at $74.00 per share.
ArcelorMittal Completes Consent Solicitation
23 May 2008 - ArcelorMittal announces the successful completion of its consent solicitation for several proposed amendments by its indirect wholly owned subsidiary, ArcelorMittal Financial Services LLC.
USW Reiterates Support for Severstal’s Purchase of Esmark
22 May 2008 - The United Steelworkers reconfirms its strong support for OAO Severstal's proposal to acquire all outstanding shares of Esmark common stock.
Severstal Makes Competing Bid to Acquire Esmark
21 May 2008 - OAO Severstal makes a proposal to the Esmark Board of Directors to acquire all of the company’s outstanding shares of common stock for $17.00 per share in cash.
Air Products to Build New Air Separation Unit, Liquefier at Lake Erie Works
21 May 2008 - Air Products Canada signs a new long-term supply contract with U. S. Steel Canada for its Lake Erie Works that includes provision for construction of a new air separation unit with a high-efficiency liquefier facility.
AK Tube’s Walbridge Plant Honored for Safety Performance
21 May 2008 - AK Tube’s Walbridge, Ohio, plant is honored for its safety performance – including zero lost-time injuries in 2007 - with two awards from the Ohio Bureau of Workers' Compensation, division of Safety and Hygiene.
Esmark Responds to USW Statements on Collective Bargaining Agreement Provisions
21 May 2008 - Esmark responds to the position taken last week by the United Steelworkers regarding the proposed tender offer and subsequent merger with Essar Steel Holdings Limited.
Nucor Launches Common Stock Offering
20 May 2008 - Nucor commences public offering of 25,000,000 shares of common stock, and grants underwriters an option to purchase up to an additional 3,750,000 shares at the public offering price, less the underwriting commission, within 30 days following the closing date.
Talley Metals to Raise Prices on Stainless Grades
20 May 2008 - Talley Metals will increase base prices approximately 3% on all stainless products beginning July 1, 2008 for all shipments.
Cliffs Joins Climate Registry as a Founding Reporter
20 May 2008 - Cleveland-Cliffs joins The Climate Registry, a non-profit organization established to measure and publicly report greenhouse gas emissions.
Universal Stainless, Carpenter Technology to Increase Stainless and Alloy Prices
19 May 2008 - Universal Stainless and Carpenter Technology announce base price increases on a range of stainless, HSLA, and premium melted alloy products.
Nucor Announces President for Nucor Europe
19 May 2008 - Nucor announces the promotion of Rex Query to the position of President of Nucor Europe, following the company’s recent announcement of major European investments with Duferco Steel and Sidenor.
USW Says Esmark-Essar Agreements are a Violation of Labor Contract
19 May 2008 - The United Steelworkers asserts that Esmark’s agreements with Essar Steel Holdings are in direct violation of its collective bargaining agreement with the union.
OAO Severstal to Purchase WCI Steel
19 May 2008 - OAO Severstal reaches a binding agreement to acquire the outstanding equity of Warren, Ohio, based WCI Steel for a total cash consideration of US$140 million, or about $3.29 per share.
Nucor Getting Closer to Site Selection for $2-Billion Ironmaking Facility
16 May 2008 - Nucor applies for a permit to build a state-of-the-art iron-making facility in Louisiana that would produce 3 million tons/year of iron as well as power beyond its own needs through the capture and use of excess energy at the blast furnace and heat-recovery coke plant.
Nucor to form Joint Venture with Sidenor
15 May 2008 - Nucor signs MoU with Sidenor regarding a new joint venture for the production and distribution of long steel products and plate in the Balkans, Turkey, Cyprus, and North Africa.
AK Steel Announces Company Scholarship Recipients
14 May 2008 - Continuing a longstanding company tradition, AK Steel announces the award of college scholarships to sons and daughters of company employees.
United Steelworkers File Charges against Latrobe Specialty Steel
14 May 2008 - Union workers at Latrobe Specialty Steel file an unfair labor practice charge with the National Labor Relations Board stating that the lockout that began on May 9, 2008, is unlawful.
Kentucky Electric Steel Parent ALJ Announces 2nd Quarter Earnings
14 May 2008 - Kentucky Electric Steel parent ALJ reports net income of $6.8 million on net sales of $82.3 million for the six months ended March 31, 2008.
Nucor Moves Forward on Italian Beams Venture with Duferco
14 May 2008 - Nucor enters agreement to acquire 50% of its Duferdofin-Nucor Srl beam production and distribution joint venture with Duferco, for euro 423.5 million.
