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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

Steel Dynamics Reports Third Quarter Income

20 October 2005 - Steel Dynamics, Inc. announced earnings of $45 million on net sales of $499 million for the third quarter of 2005.

Carpenter Powder Products to Add Energy Surcharge

19 October 2005 - Carpenter Technology Corp.’s subsidiary Carpenter Powder Products Inc. (CPP) announced that it will add an energy component to its surcharge calculation for all tool and high-speed steel products.

EPA to Overview Study of Former Armco Hamilton Site

19 October 2005 - U.S. Environmental Protection Agency Region 5 will hold a public meeting to discuss the pollution study of the Armco Hamilton Superfund site in New Miami, Ohio.

California Steel Reports 3rd Quarter Results

19 October 2005 - California Steel Industries, Inc. reported a net loss of $1.1 million on net sales of $287.7 million for the quarter ended September 30, 2005.

Steel Dynamics to Acquire Roanoke Electric Steel

19 October 2005 - Steel Dynamics, Inc. and Roanoke Electric Steel Corp. have announced their agreement to a merger in which SDI will acquire Roanoke.

AK Steel Announces November Surcharges

18 October 2005 - AK Steel will add a $193 per ton surcharge to invoices for flat-rolled carbon steel products shipped in November 2005. The company will also add a $220 per ton surcharge to invoices for electrical steel products shipped in the same period

Atlas Tube to Build Tube Manufacturing Facility in Blytheville

18 October 2005 - Hollow structural sections manufacturer Atlas Tube Inc. has announced plans to build a manufacturing facility in Blytheville.

Moré to Provide Lime System for North Star BlueScope Steel

17 October 2005 - North Star BlueScope Steel, Delta, Ohio, has awarded Moré srl, Gemona del Friuli, Italy, an order to supply a complete pneumatic lime transportation/injection system for the plant’s 195-ton twin-shell twin-shaft EAF.

Stelco Distributes Restructuring Plan Information

17 October 2005 - Stelco Inc. has mailed to creditors a Notice of Proceedings and Meetings and Information Circular concerning the company's previously announced restructuring plan.

AIST Lecturer Encourages PUC Students to Consider Steel Opportunities

14 October 2005 - Association of Iron and Steel Technology (AIST) 2005 John F. Elliott Lecturer Henri Gaye recently addressed chemistry and engineering students at Purdue University Calumet.

Allegheny Technologies to Exceed 3rd Quarter Estimates for 3rd Quarter

13 October 2005 - Allegheny Technologies Inc. expects its third quarter 2005 earnings to be in the range of $0.84 to $0.88 per share, including a $4 million favorable resolution of prior years' tax matters.

Sheffield Steel to Evaluate Acquisition Proposals

13 October 2005 - Sheffield Steel Corp. announced that its Board of Directors has received two separate and unsolicited indications of interest in acquiring Sheffield Steel.

Steel Dynamics and Employees Contribute to Hurricane Relief

12 October 2005 - Steel Dynamics, Inc. and its employees are donating more than $100,000 to benefit the people displaced by Hurricane Katrina. This contribution is being made to the Red Cross Hurricane Katrina Fund.

Mittal Steel USA Adopts Katrina-Ravaged Community of Long Beach

12 October 2005 - Mittal Steel USA is focusing its Katrina rebuilding efforts on the beachfront town of Long Beach, Miss., which was devastated by the recent hurricane.

YTD Specialty Steel Imports Continue to Exceed YTD 2004 Totals

11 October 2005 - Total stainless steel imports grew to 399,708 tons through July 2005, a 13% increase* compared to the first seven months of 2004, according to the latest statistical data released by the Specialty Steel Industry of North America (SSINA). As imports continued to climb, U.S. stainless steel consumption dropped slightly to 1,361,595 tons, a 4% decreased compared to the comparable 2004 period.

Ipsco Announces Redemption of $100 Million 7.8% Debentures

10 October 2005 - Ipsco Inc. gave notice to the holders of its $100 million 7.8% Debentures, due December 1, 2006, that it will redeem all such outstanding Debentures on November 4, 2005.

Universal Stainless Reports Continuation of Titusville Work Stoppage

10 October 2005 - Universal Stainless & Alloy Products, Inc. announced that the Titusville facility hourly employees have rejected a second collective bargaining agreement offered by the company. The company says the agreement included increased wages and other benefits.

Mittal Steel USA Selects Corporate Headquarters Location

10 October 2005 - Mittal Steel has chosen Chicago's Loop for its U.S. headquarters.

Timken Acquires Bearing Inspection Group

07 October 2005 - The Timken Co. announced the acquisition of Bearing Inspection, Inc. (Bii), a leading independent provider of aerospace bearing inspection and reconditioning services. Terms of the acquisition, which Timken expects to be accretive during the first year of ownership, were not disclosed.

Gerdau Ameristeel Adds Moré Catfis Manipulator to Charlotte EAF

06 October 2005 - Gerdau Ameristeel recently started up a new Catfis automatic temperature/sampling EAF manipulator at its Charlotte facility.