Headlines
Latest News
Nucor Announces Additional Share Repurchase Program
07 September 2007 - Nucor’s Board of Directors unanimously approves the repurchase of up to an additional 30 million shares of the company's common stock.
Air Liquide Severstal Launches Production Unit at Cherepovets
07 September 2007 - Air Liquide Severstal starts up a new air separation unit at Severstal’s Cherepovets steel complex - the biggest gas unit in Russia.
Nucor Promotes Ferriola, Builds up Senior Management Team
07 September 2007 - Nucor’s board of directors names John Ferriola as Chief Operating Officer of Steelmaking Operations, and announces a series of executive promotions as part of the move.
Tube City IMS Announces Vice President Logistics
07 September 2007 - Tube City IMS announces new Vice President of Logistics and Related Business for the company's Tube City Division, as well as a number of new managerial appointments.
Republic to Invest $12.5 Million at Canton
07 September 2007 - Republic will invest $12.5 million at its Canton meltshop to install new, state-of-the-art equipment for producing bottom-poured ingots for the open-die forging, seamless rolled ring, and electrode markets.
ArcelorMittal Confirms Acquisition of Wabush Mines
06 September 2007 - ArcelorMittal announces that it will exercise its Dofasco subsidiary’s option to acquire the remaining shares of iron ore and pellet producer Wabush Mines from Stelco and Cleveland Cliffs.
Justice Department Okays Sale of Sparrows Point to E2 Acquisition
06 September 2007 - The United States Department of Justice approves E2 Acquisition Corp.’s acquisition of the Sparrows Point mill from ArcelorMittal USA for a purchase price of $1.35 billion.
Government Agencies Grant Two of Three Permits to Minnesota Steel
06 September 2007 - Minnesota Steel moves one step closer to construction with the wetlands and water quality permits just issued by the Minnesota Department of Natural Resources and the U.S. Army Corps of Engineers.
Mum’s the Word for Chaparral Steel Board
06 September 2007 - Chaparral Steel Board of Directors elects to express no opinion and remains neutral toward Gerdau Ameristeel’s August 30 offer to purchase any and all of Chaparral's outstanding 10% Senior Notes due 2013 and the related consent solicitation.
AK Steel Announces October Electrical Surcharges
05 September 2007 - AK Steel will add a $225 per ton surcharge to invoices for electrical steel products shipped in October 2007.
German Authorities Clear Acquisition of Chaparral
05 September 2007 - Federal Cartel Office of the Federal Republic of Germany clears the Agreement and Plan of Arrangement for Gerdau Ameristeel’s acquisition of Chaparral Steel.
Russel Metals to Acquire JMS Metal Services
05 September 2007 - Russel Metals enters into share purchase agreement to acquire 100% of the outstanding capital stock of JMS Metals Services and related companies.
AIS to Extend SteelPlanner Technology for Duferco La Louvière
05 September 2007 - AIS Group will add its Material Flow Coordinator and BetaPlanner MidTerm to Duferco La Louvière’s existing SteelPlanner implementation to strengthen the facility’s planning and scheduling optimization solution.
Gibraltar Acquires Florence Corporation
05 September 2007 - Gibraltar Industries acquires Florence Corp., a leading manufacturer of engineered storage solutions, including centralized mail and package delivery products.
Consolidated Thompson Drops Wabush Plans Following Dofasco Decision
04 September 2007 - Consolidated Thompson says it will not proceed with its purchase of a majority interest in the Wabush Mines Joint Venture following Dofasco’s notification that it will exercise its option to purchase Stelco’s and Cleveland Cliffs’ interests.
Gerdau Ameristeel Acquisition of Chaparral Clears Another Hurdle
04 September 2007 - The Committee on Foreign Investment in the United States okays the Agreement and Plan of Arrangement for Gerdau Ameristeel’s acquisition of Chaparral Steel.
ArcelorMittal to Buy Saar Ferngas from RAG
04 September 2007 - ArcelorMittal signs agreement with RAG Beteiligungs-AG for the acquisition of RAG’s 76.88% stake in Saar Ferngas AG, the largest gas distribution company in Saarland and Rhineland-Palatinate.
ArcelorMittal Completes Laser Welding Deal with Noble International
04 September 2007 - ArcelorMittal and Noble International complete the transaction to combine their laser-welded tailored blanks businesses in an approximately US$300-million deal involving eight production facilities in western and eastern Europe, China, India and the U.S., plus interest in two joint ventures in Asia.
SMS Demag to Supply Compact Hot Strip Mill for Colakoglu Metalurji
04 September 2007 - SMS Demag will construct a compact, 330-meter long, 3 million tonnes per year hot strip mill for Colakoglu Metalurji AS.
SMS Demag to Upgrade ArcelorMittal’s Gent Converters for Gas Recovery
03 September 2007 - SMS Demag will upgrade the dust collection system for ArcelorMittal’s two 290-tonne converters at Gent, preparing it to be retrofitted with a converter gas recovery system.
