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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
Gerdau Ameristeel to Expand Rolling Capacity at Jacksonville Mill
25 January 2008 - Gerdau Ameristeel has begun the planning process for a capital project to expand rolling mill capacity at its Jacksonville Steel Mill.
Universal Stainless Reports 2007 Results
25 January 2008 - Universal Stainless & Alloy Products, Inc. reported net income of $4.4 million on sales of $49.6 million for the fourth quarter, and record net income of $22.5 million on record sales of $229.9 million for the full year 2007.
Nucor Reports Results for 2007
25 January 2008 - Nucor Corp. announced consolidated net earnings of $364.8 million on record consolidated net sales of $4.40 billion for the fourth quarter, and consolidated net earnings of $1.47 billion on record consolidated net sales of $16.59 billion for the full year of 2007.
Allegheny Technologies Reports 4th Quarter Results
24 January 2008 - Allegheny Technologies reports net income of $148.9 million on sales of $1.27 billion for the fourth quarter, and net income of $747.1 million on sales of $5.45 billion for the full year 2007.
Nucor Endows Steel Professorship at South Dakota School of Mines
24 January 2008 - Nucor will donate $1 million to endow a professorship in metallurgical and steelmaking technologies at the South Dakota School of Mines and Technology.
AK Steel to Make Early Pension Trust Fund Contribution
23 January 2008 - AK Steel will make an early $75-million contribution to its pension trust fund in the first quarter, which is expected to satisfy approximately one-half of the company's total pension-funding obligations for 2008.
U. S. Steel and JFE Steel to Exchange Technical Expertise
23 January 2008 - United States Steel and JFE Steel enter into a technical exchange agreement to share expertise in steelmaking practices, benchmarking, and other areas of mutual interest.
Latrobe Specialty Steel to Expand Vacuum Remelting Facility
23 January 2008 - Latrobe Specialty Steel will triple its vacuum melting capacity with a major expansion at its Latrobe remelt facility.
AK Steel Reports Record Full Year 2007 Results
23 January 2008 - AK Steel reported net income of $106.7 million on net sales of $1,691.9 million for the fourth quarter of 2007, and net income of $387.7 million on record net sales of $7,003.0 million for the full year.
AK Steel Adds Former Toyota Executive to Board
22 January 2008 - AK Steel announces the election of Dennis C. Cuneo, formerly Senior Vice President for Toyota Motor North America, to its Board of Directors.
Esmark Names President of Wheeling Corrugating
22 January 2008 - Esmark announced the appointment of steel industry veteran Joel Mazur as President of its Wheeling Corrugating division.
Nippon Steel Names New President
18 January 2008 - Nippon Steel announces that Vice President Shoji Muneoka, 61, will become President of the corporation on April 1.
AK Steel to Increase Carbon Steel Prices
17 January 2008 - AK Steel will increase spot market prices for all new carbon steel product orders accepted for shipment on March 1, 2008 and later.
Nucor Breaks Strip-Casting Record with Castrip Process
16 January 2008 - Nucor sets a new record for sequence casting -- 24 ladles of steel, cast continuously, over a 38-hour period -- at the world's first commercial Castrip-based strip-casting facility for plain-carbon steel sheet.
General Steel Holdings Acquires Controlling Interest in Tongxing
15 January 2008 - General Steel Holdings obtains final government approval to acquire a controlling interest in Hancheng Tongxing Metallurgy, with core operations in coking coal production and rebar processing.
ArcelorMittal Provides Update on Fatalities at Abaiskaya Mine Accident
15 January 2008 - ArcelorMittal confirms the final number of fatalities as 30 for the Abaiskaya Mine Accident in Kazakhstan.
Industry Group Promotes the Growing Recyclability of Cars
15 January 2008 - U.S. automakers are bringing an educational message to consumers at this year's North American International Auto Show through the United States Council for Automotive Research LLC's Vehicle Recycling Partnership LLC.
Mesabi Trust Declares Distribution
14 January 2008 - Trustees of Mesabi Trust have declared a distribution of fifty-one and one-half cents per Unit of Beneficial Interest payable on February 20, 2008, a twenty cents per Unit increase compared to the year-ago quarter.
ArcelorMittal Provides Update Concerning Accident in Kazakhstan
14 January 2008 - ArcelorMittal provides update on the accident that occurred January 11 at its Abaiskaya mine in Kazakhstan, the cause of which has not yet been identified.
Severstal NA Halts Production at Blast Furnace Pending Investigation
14 January 2008 - Severstal North America confirms that it has halted production at Blast Furnace B, its smaller blast furnace, as a result of a January 5 accident at that facility.
