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Companies
Latest News
Stelco Confirms Strategic Review
04 June 2007 - Stelco confirmed that it is reviewing strategic options, including third-party discussions that are at “a very preliminary stage”.
ThyssenKrupp Opens News Steel Service Center in Poland
01 June 2007 - ThyssenKrupp Steel AG has opened a new steel service center — ThyssenKrupp Stal Serwis Polska — in the southern Polish town of Dąbrowa Górnicza near Katowice. The new facility will produce 125,000 tons of hot- and cold-rolled coils and coated slit strip per year for customers in Eastern Europe.
Cleveland-Cliffs Names Senior Vice President of Business Development
31 May 2007 - Cleveland-Cliffs announces the appointment of William C. Boor as Senior Vice President, Business Development, responsible for identifying and leading initiatives to support company growth.
Steel Technologies Shareholders Approve Mitsui Merger
31 May 2007 - Steel Technologies shareholders approve the company's proposed merger with Mitsui & Co. in a vote during a special shareholder meeting on Wednesday.
Webco Industries Reports Third Quarter Results
30 May 2007 - Webco Industries reported net income of $2,106,000 on net sales of $82.4 million for its fiscal 2007 third quarter, and net income of $5,678,000 on net sales of $250.9 million for the nine months ended April 30, 2007.
Steel Dynamics Affirms Healthy Earnings Outlook
30 May 2007 - Steel Dynamics says it expects to report second quarter earnings in the range of $0.95 to $1.00 per diluted share, based on strong market conditions for structural steels and steel bars tempered by weaker-than-projected volumes and pricing for flat rolled steel.
Arcelor Mittal to Sell its 25% Interest in Severgal to Severstal
29 May 2007 - Arcelor Mittal and Severstal announced the agreed sale to Severstal of Arcelor’s 25% minority stake in Severgal, their joint venture located at the Severstal Cherepovets site.
Gerdau Ameristeel Announces New CFO
25 May 2007 - Gerdau Ameristeel’s Tom J. Landa has announced his retirement as Vice President and Chief Financial Officer, effective July 31, 2007. He will be replaced by Barbara R. Smith, the company's Treasurer.
Steelworkers Ratify Agreement at Gerdau Ameristeel MRM
25 May 2007 - Members USW Local 5442 have ratified a new collective agreement with Gerdau Ameristeel MRM Special Sections that incorporates a wage-improvement plan with both cost-of-living and wage increases.
Gerdau Ameristeel Supports Local Good Samaritan Project
24 May 2007 - Gerdau Ameristeel and the Ryan Nece Foundation will present the Bay Pines VA Healthcare System with 17 computers and 44 Web cams with headsets for use in connecting patients with family members located around the country.
Mittal to Restart Gary Plate Mill
24 May 2007 - Mittal Steel USA announced plans to restart its idled Gary Plate Mill, a move that will support the company’s export market plans in the face of strong global demand for plate products in the construction, machinery, and shipbuilding markets.
MultiServ to Process Slag at Provo, Great Lakes
23 May 2007 - Harsco’s MultiServ mill services division is awarded new contracts at U.S. Steel’s Great Lakes Works, New Zealand Steel, and the former Geneva Steel facility related to the environmentally responsible on-site processing and recycling of steelmaking slag by-products.
Commercial Metals Announces Organizational Realignment
23 May 2007 - Commercial Metals will realign its operational and management structure, with CMC Executive Vice Presidents Russell Rinn and Hanns Zoellner assuming expanded management responsibilities for two newly formed operational units - CMC Americas and CMC International.
Mittal Steel to Upgrade Burns Harbor Continuous Heat Treat Line
22 May 2007 - Arcelor Mittal announced plans to upgrade the Continuous Heat Treating Line at its Burns Harbor facility, helping to further expand the company's supply of cold rolled advanced high strength steel.
Republic Joins Mercury Switch Recovery Program
22 May 2007 - Republic Engineered Products has joined a national coalition of automobile manufacturers, steel industry associations and environmental groups in the effort to implement the voluntary National Vehicle Mercury Switch Recovery Program, which encourages the removal of mercury switches from scrap automobiles before they are crushed or shredded.
U.S. Steel Announces Redemption of Senior Notes
22 May 2007 - United States Steel has called for full redemption on June 20, 2007, all of its outstanding 9.75% Senior Notes due 2010.
Sunoco Celebrates Start of Construction at Haverhill II Coke Plant
22 May 2007 - Sunoco held a brick-laying ceremony at its second SunCoke Energy Heat Recovery Coke manufacturing plant in Haverhill, Ohio, which will eventually supply coke to both Severstal North America and WCI Steel.
Parsytec to Supply Surface Inspection for USS Kosice Hot Dip Galvanizing Line
18 May 2007 - Parsytec AG has received an order from the Slovakian steelmaker USS Košice to equip their brand-new hot dip galvanizing line (HDG Line No. 3) with Dual Sensor surface inspection technology.
MacSteel Service Centers USA Opens New Tucson Facility
18 May 2007 - MacSteel Service Centers USA has opened a new $10-million metals processing and distribution service center in the Century Park research Center in Tucson, Ariz.
Quanex to Review Strategic Alternatives for Building Products Group
17 May 2007 - Quanex’s Board of Directors has initiated a review of strategic alternatives for its Building Products group, which consists of Engineered Products and Aluminum Sheet Products.
