Steel News

Serviacero Worthington Opens New Facility in Northern Mexico

20 August 2009 - Worthington Industries joint venture, Serviacero Worthington, completes phase one of its greenfield steel processing facility, located in Mexico’s Monterrey region.

Nucor Berkeley to Challenge Resurrected Class Action Lawsuit

19 August 2009 - Nucor Berkeley is facing the reversal of a class action discrimination lawsuit involving seven former employees that had been denied for class certification in 2007.

Worthington Subsidiary Announces New Drywall Framing System

18 August 2009 - Dietrich Metal Framing and ClarkWestern Building Systems announce their new ProSTUD Drywall Framing System, a new generation of drywall framing technology co-developed to meet the needs of today’s steel framing applications.

ALJ Announces 3rd Quarter Earnings

17 August 2009 - ALJ, the parent company of Kentucky Electric, reports a net loss of $934,192 on net sales of $19.381 million for the third quarter, and a net loss of $1.065 million on net sales of $85.779 million for the nine months ended June 30, 2009.

Dietrich Facilities Receive Key Third-Party Code Compliance Certification

14 August 2009 - Dietrich Metal Framing’s 12 steel framing manufacturing facilities have obtained code compliance certification from the Steel Stud Manufacturers Association, making it the first national manufacturer to receive certification for all of its facilities.

Cliffs Releases First Sustainable Development Report

12 August 2009 - Cliffs Natural Resources publishes its first Sustainable Development Report, providing an overview of the environmental, social and economic impacts of the company’s operations.

California Steel Reports 2nd Quarter 2009 Results

12 August 2009 - California Steel Industries reports a net loss of $2.8 million on sales of $104.2 million for the second quarter, and a net loss of $18.2 million on net sales of $251.3 million for the six months ended June 30, 2009.

U. S. Steel Worldwide Marketing VP to Retire

10 August 2009 - United States Steel announces the retirement of Vice President-Worldwide Marketing Richard M. Efkeman effective Aug. 31, 2009, after 38 years of service with the company.

ThyssenKrupp Nirosta Invests in Eco-Friendly Converter Upgrade

10 August 2009 - ThyssenKrupp Nirosta completely modernizes its converter facilities in Krefeld to result in lower pollution in the area around the plant.

Gerdau Ameristeel Reports 2009 2nd Quarter Results

10 August 2009 - Gerdau Ameristeel reports a net loss of $57.6 million on net sales of $1.0 billion for the second quarter, and a net loss of $90.3 million on net sales of $2.1 billion for the six months ended June 30, 2009.

Russel Metals Reports 2009 2nd Quarter Loss

06 August 2009 - Russel Metals reports a net loss of $24.6 million on revenues of $462.5 million for the second quarter, and a net loss of $79.6 million on revenues of 1.105 billion for the first six months of 2009.

Schnitzer Steel Gains Momentum in Clunkers Recycling Program

05 August 2009 - Schnitzer Steel Industries reports that its Clunkers Recycling Dealer Program has gained positive response from new car dealerships receiving trade-ins through the federal government’s recently implemented Car Allowance Rebate System.

AK Steel to Increase Stainless Steel Prices

05 August 2009 - AK Steel will increase base prices for all 200-, 300- and 400-series flat rolled stainless steel products by 6 to 9%, depending on the grade and product form.

AK Steel Announces September 2009 Surcharges

04 August 2009 - AK Steel will add a $170 per ton surcharge to invoices for electrical steel products shipped in September 2009.

Linde Earns Responsible Care Certification for Texas Plant

03 August 2009 - Linde North America receives certification of its Terrell, Texas, air separation plant under the American Chemistry Council’s comprehensive Responsible Care program.

Carpenter Technology Reports 4th Quarter, Full Year Results

31 July 2009 - Carpenter Technology reports a $20.8 million loss from continuing operations on net sales of $256.9 million for the fiscal fourth quarter and $47.9 million net income on net sales of $1.362 billion for the full fiscal year ended June 30, 2009.