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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 Honored for Excellence in Manufacturing
13 March 2008 - Leading Cincinnati business publication Cincy magazine honors AK Steel for excellence in manufacturing for 2007.
ArcelorMittal is First Steel Company to be Named Energy Star Partner of the Year
13 March 2008 - The U.S. EPA and U.S. Department of Energy select ArcelorMittal USA as a 2008 ENERGY STAR Partner of the Year for Energy Management by for its outstanding contributions to protecting the environment and reducing greenhouse gas emissions through energy efficiency.
Cleveland-Cliffs Announces Two-for-One Common Stock Split
12 March 2008 - Cleveland-Cliffs’ Board of Directors declares a two-for-one stock split of the company’s common shares.
Steel Dynamics Raises First Quarter Earnings Guidance
12 March 2008 - Steel Dynamics raises its first-quarter earnings guidance, primarily driven by higher-than-anticipated flat-rolled steel pricing and improved scrap processing results.
U. S. Steel Loses Case at Indiana Court of Appeals
11 March 2008 - United States Steel expresses disappointment over the Indiana Court of Appeals’ reversal of a previous Indiana Utilities Regulatory Commission decision involving a rate escalation provision in the company’s electric power supply contract with NIPSCO.
Parsytec to Supply Two More Surface Inspection Systems for ArcelorMittal USA
10 March 2008 - Arcelor Mittal will equip two pickling lines at their Burns Harbor facility with Parsytec’s espresso SI inspection solution.
Esmark to Sell Minority Interest in Wheeling Nisshin
10 March 2008 - Esmark Inc. has entered into an agreement to sell its 35.7% equity interest in Wheeling-Nisshin for $71.4 million.
Acerinox and Nisshin Steel to Build Stainless Mill in Malaysia
07 March 2008 - Long-time venture partners Acerinox SA and Nisshin Steel announce they will build a new integrated stainless steel production plant in Malaysia.
Worthington Expands Presence In Mexico
06 March 2008 - Worthington Industries joint venture, TWB, will now include ThyssenKrupp Tailored Blanks SA de CV, ThyssenKrupp Steel’s Mexican subsidiary.
AK Steel Announces Carbon Steel Price Increase
06 March 2008 - AK Steel will increase spot market prices for carbon steel products by $70 per ton for all new orders accepted for shipment May 1, 2008 and later.
AK Steel Announces April 2008 Surcharges
05 March 2008 - AK Steel will add a $375 per ton surcharge to invoices for electrical steel products shipped in April 2008.
Cleveland-Cliffs Terminates Negotiations for Sale of Wabush Mines
05 March 2008 - Cleveland-Cliffs terminates negotiations to sell its 26.8% interest in the Wabush Mines joint venture to ArcelorMittal Dofasco.
Fortune Magazine List Ranks AK Steel as One of Americas Most Admired Companies
05 March 2008 - AK Steel has been named to Fortune magazine's 2008 listing of America's Most Admired Companies, earning top marks for quality of products/services and the use of corporate assets.
ArcelorMittal Dofasco Clarifies Position on Wabush Mines Sale
05 March 2008 - ArcelorMittal Dofasco expresses ‘strong exception’ to news releases issued by U.S. Steel Canada and Cleveland-Cliffs regarding their desire to withdraw from the sale of their respective interests in the Wabush Mines joint venture.
Steel Dynamics Announces Two-for-One Stock Split
05 March 2008 - The Steel Dynamics board of directors approves a two-for-one split of the company's common stock as well as a 33% increase in the company's quarterly cash dividend.
Severstal North America and SeverCorr Announce New CFO
05 March 2008 - Severstal North America and SeverCorr announce the appointment of Mark J. Yost as Chief Financial Officer.
Nucor Completes Acquisition of The David J. Joseph Company
04 March 2008 - Nucor completes its acquisition of SHV North America—the owner of 100% of The David J. Joseph Co.—for a purchase price of approximately $1.44 billion.
PSI Solution to Support Dofasco’s Slab Yard Logistics
04 March 2008 - PSI will develop and deliver a management system for slab yard logistics at Dofasco’s facility in Hamilton, Ont.
Mercury Switch Recovery Program Collects One Millionth Auto Switch
03 March 2008 - The National Vehicle Mercury Switch Recovery Program and its partners celebrate a milestone with the collection of the one millionth mercury auto switch.
United Spiral Pipe Breaks Ground for New Facility
03 March 2008 - United Spiral Pipe—a joint venture of United States Steel, Posco, and SeAH Steel—breaks ground for a new state-of-the-art spiral welded pipe manufacturing facility in Pittsburg, Calif.
