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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
AK Steel Announces May 2008 Surcharges
07 April 2008 - AK Steel will add a $405 per ton surcharge to invoices for electrical steel products shipped in May 2008.
SMS Demag to Upgrade Steel Dynamics Bloom Caster
07 April 2008 - Steel Dynamics contracts SMS Demag to upgrade the bloom caster at the Pittsboro, Ind., facility for the production of larger section sizes.
Schnitzer Steel Reports Record 2nd Quarter Earnings Per Share
04 April 2008 - Schnitzer Steel Industries reports net income of $36 million on revenues of $751 million for the fiscal 2008 second quarter, and net income of $61 million on revenues of $1355 million for the six months ended February 29, 2008.
Steel Dynamics Completes Notes Offering
04 April 2008 - Steel Dynamics completes its unsecured note offering of $375 million of 7-3/4% Senior Notes due 2016.
SMS Demag to Provide 2nd X-Melt LF for Nucor Steel Tuscaloosa
04 April 2008 - SMS Demag will supply an X-Melt ladle furnace and automation package for Nucor Steel Tuscaloosa, as well as a complete X-Melt meltshop for A. Finkl & Sons.
Gerdau Ameristeel Announces Acquisition of Century Steel
03 April 2008 - Gerdau Ameristeel’s majority-owned joint venture Pacific Coast Steel acquires the assets of Las Vegas based Century Steel for approximately $152 million.
Nucor Completes Acquisition of Galamba Metals Group, MRS
03 April 2008 - Nucor’s wholly owned subsidiary, The David J. Joseph Co., completes the acquisition of Kansas City, Mo., based Galamba Metals Group, and Monroe, N.C., based Metal Recycling Services Inc.
Nucor Named One of BusinessWeek’s 50 Top Performing Companies
03 April 2008 - Nucor is again named to the BusinessWeek 50, the annual list that ranks top-performing companies based on the rate of return on investment and sales growth over a three-year period.
Cliffs Declares Force Majeure on Coal Shipments from Pinnacle
03 April 2008 - Cliffs North American Coal declares force majeure on coal shipments from its Pinnacle Mine, as the longwall plow is currently mining through a sandstone intrusion into the coal seam, causing coal production to slow down significantly.
Carpenter Completes Sale of Ceramics Businesses
02 April 2008 - Carpenter Technology completes the sale of its ceramics businesses—Certech and Carpenter Advanced Ceramics—to U.K.-based Morgan Crucible plc.
AK Steel to Increase Stainless Steel Prices
02 April 2008 - AK Steel announces transaction price increases for stainless steel sheet, strip, and continuous mill plate products in the 200, 300 and 400 series, as well as duplex grades.
EPA Honors ArcelorMittal USA for Significantly Reducing Greenhouse Gas Emissions
02 April 2008 - ArcelorMittal USA is among a unique group being honored by the EPA for its accomplishments in 2007 in reducing greenhouse gas emissions through energy efficiency.
Cleveland-Cliffs Announces Convertibility of Preferred Stock
01 April 2008 - Cleveland-Cliffs fulfils the trading price condition for the conversion right of its 3.25% redeemable cumulative convertible perpetual preferred stock, with the result that preferred stock may be surrendered for conversion at any time during the fiscal second quarter ending June 30, 2008.
U. S. Steel Names General Manager of Business Planning
01 April 2008 - United States Steel announces the appointment of Deborah A. Grabe to the position of General Manager—Business Planning.
U. S. Steel Presents 2007 Outstanding Supplier Awards
01 April 2008 - United States Steel recognizes seven North American-based suppliers based on factors including safety, quality, cost, customer service, and productivity.
Esmark Settles Lawsuit with Metal Management
01 April 2008 - Esmark confirms settlement of litigation between its wholly owned subsidiaries, Esmark Steel Service Group and Wheeling Pittsburgh-Steel and Metal Management, Inc.
Wheeling-Pittsburgh to Close Allenport Facility
01 April 2008 - Wheeling-Pittsburgh Steel announces plans to close its Allenport facility and idle two of the three galvanizing lines located at its Martins Ferry location.
Carpenter Acquires UltraFine Powder Technology
31 March 2008 - Carpenter Technology’s Carpenter Powdered Products subsidiary acquires the assets and business of UltraFine Powder Technology, a private company in Woonsocket, R.I.
U. S. Steel Canada Appoints General Counsel, Manager of Government and Public Affairs
28 March 2008 - U. S. Steel Canada announces the appointment of Thomas Ferns as General Counsel and Corporate Secretary, as well as the appointment of Trevor Harris as Manager—Government and Public Affairs.
Steelworkers will ‘Keep the Door Open’ for Dofasco Employees
28 March 2008 - The United Steelworkers says it is stepping back from the process it initiated with ArcelorMittal Dofasco due to insufficient support from employees.
