Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Danieli to Upgrade Bar Finishing Line at Gerdau Riograndense
01 November 2005 - Gerdau Riograndense, Brazil, recently awarded an order to Danieli Morgårdshammar to upgrade its bar and light section rolling mill.
Dofasco and ThyssenKrupp Announce Friendly All-Cash Deal
01 November 2005 - Dofasco and ThyssenKrupp have reached an agreement for ThyssenKrupp to acquire Dofasco in a friendly, all-cash transaction.
Mittal Steel Completes Acquisition of Kryvorizstal
01 November 2005 - Mittal Steel Co. NV has completed its acquisition of 93.02% of Kryvorizhstal.
Cleveland-Cliffs Reports Nine-Month Earnings
28 October 2005 - Cleveland-Cliffs Inc. reported net income of $85.6 million for 2005's third quarter and a record net income of $210.5 million for the first nine months.
Timken Reports Strong Earnings, Record 3rd Quarter Sales
27 October 2005 - The Timken Co. reported net income of $39.8 million on record sales of $1.3 billion for the third quarter of 2005.
Commercial Metals Names New CEO for CMC Steel Group
27 October 2005 - Stanley A. Rabin, Chairman, President and CEO of Commercial Metals Co., announced that Russell B. Rinn will be appointed President and CEO of the CMC Steel Group effective January 26, 2006.
Allegheny Technologies Reports Strong 3rd Quarter Results
27 October 2005 - Allegheny Technologies Inc. reported net income of $88.3 million on sales of $861.7 million for the third quarter, and net income of $241.0 million on sales of $2,645.5 million for the first nine months of 2005.
Commercial Metals Reports Record Annual Earnings
26 October 2005 - Commercial Metals Co. reported record net earnings of $83.7 million on net sales of $1.7 billion for the fourth quarter and record net earnings of $286 million on net sales of $6.6 billion for the year ended August 31, 2005.
Ipsco Reports Strong 3rd Quarter Results
26 October 2005 - Ipsco Inc. announced net income of $134 million on sales of $705 million for the third quarter of 2005.
AK Steel Reports 3rd Quarter Results
26 October 2005 - AK Steel reported a net loss of $29.0 million on net sales of $1,393.3 million for the third quarter of 2005.
United States Steel Reports 3rd Quarter Results
26 October 2005 - United States Steel Corp. reported net income of $107 million on net sales of $3,200 million for the third quarter of 2005.
Universal Stainless Reaches Labor Agreement with Titusville Employees
25 October 2005 - Universal Stainless & Alloy Products, Inc. has reached a new five-year collective bargaining agreement with the employees at its Titusville, Pa., facility.
NS Group Reports 3rd Quarter Results
25 October 2005 - NS Group, Inc. announced net income of $30.8 million on net sales of $139.9 million for the third quarter, and net income of $87.3 million on net sales of $446.7 million for the nine months ended September 30, 2005.
Carpenter Reports Record 1st Quarter Results
25 October 2005 - Carpenter Technology Corp. reported record net income of $40.1 million on record sales of $346.0 million for the first fiscal quarter of 2006 ended September 30, 2005. Carpenter says the results reflected robust conditions in the aerospace market, increased sales of higher value materials, and the benefits from the company's continued focus on lean and variation reduction.
Don Daily Elected 2006-2007 Chairman of SMA
24 October 2005 - The Steel Manufacturers Association (SMA) Board of Directors announced the election of Don Daily as Chairman of the SMA for 2006 and 2007. He will succeed Keith Busse, who concludes his two-year term in February 2006.
AK Steel Enters Pellet Supply Agreement with QCM
24 October 2005 - AK Steel has entered into a long-term supply agreement with Quebec Cartier Mining Co. (QCM) for the purchase of iron ore pellets.
Cliffs Recognizes Top Suppliers
21 October 2005 - Cleveland-Cliffs Inc. recently announced the companies selected for its Supplier Excellence Award. The nine companies selected are participants in Cliffs' Alliance Suppliers Program. Top suppliers were honored for their high-quality products, excellent service, competitive pricing and ongoing commitment to provide value to Cliffs-managed mines.
AK Steel Announces Chairman of the Board
21 October 2005 - AK Steel announced that James L. Wainscott, 48, President and CEO, has been elected Chairman of the Board of Directors of AK Steel, effective January 1, 2006.
AK Steel Dedicates Degasser and Caster at Ashland Works
21 October 2005 - AK Steel recently held a dedication ceremony for its new vacuum degassing unit and converted caster at the company's Ashland, Ky., facility.
Nucor Reports 3rd Quarter Results
21 October 2005 - Nucor Corp. announced consolidated net earnings of $291.9 million on consolidated net sales of $3.03 billion for the third quarter, and record consolidated net earnings of $969.3 million on consolidated net sales of $9.49 billion for the first nine months of 2005.