Steel News

Nucor’s DiMicco Named to Manufacturing Hall of Fame

16 December 2011 - Nucor Corp. Chairman and CEO Dan DiMicco was named to IndustryWeek magazine's Manufacturing Hall of Fame, one of just ten members selected this year.

AK Steel Provides Fourth-Quarter Guidance

16 December 2011 - AK Steel opted to provide guidance later in the fourth quarter when it had more information upon which to base its estimates. The company now expects shipments of approximately 1.4 million tons in the 2011 fourth quarter, or about 2% higher than the third quarter of 2011, and about 3% higher than in the year-ago fourth quarter.

Nucor Announces Fourth Quarter Earnings Guidance

16 December 2011 - Nucor Corp. announced guidance for its fourth quarter ending December 31, 2011, including the expectation of results in the range of $0.22 to $0.27 per diluted share.

ThyssenKrupp Steel USA President and CEO to Assume New Responsibilities

14 December 2011 - ThyssenKrupp Steel USA announced that President and CEO Chris Lackinger is leaving his position January 1, 2012 to assume other responsibilities within the ThyssenKrupp Group.

Air Liquide Expands Relationship with Nucor Steel in U.S.

14 December 2011 - Air Liquide Large Industries U.S. LP has been selected to supply industrial gases for Nucor Steel’s new direct reduced iron (DRI) plant in Convent, La., and has extended its contracts to serve Nucor’s plants in Berkeley County, S.C., and Blytheville, Ark.

ThyssenKrupp Steel USA Announces New President and CEO

14 December 2011 - ThyssenKrupp Steel USA announced the appointment of Christian Dohr as its President and CEO, replacing Chris Lackinger who is leaving to assume other responsibilities within the ThyssenKrupp Group.

Allegheny Technologies Elects New Director

12 December 2011 - Allegheny Technologies announced the election of John R. Pipski to the company’s Board of Directors, where he will serve on ATI’s Audit Committee and the Technology Committee.

CMC Board of Directors to Review Unsolicited Tender Offer from Carl Icahn

12 December 2011 - Commercial Metals Company's Board of Directors, in consultation with its independent financial and legal advisers, will review the unsolicited tender offer from Carl Icahn and Icahn Enterprises Holdings L.P. to acquire all outstanding common shares of Commercial Metals Company at a price of $15.00 per share. 

AK Steel Announces Carbon Steel Price Increase

08 December 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders. 

Carpenter Technology’s Amega West Expands Machining Capabilities in Canada

06 December 2011 - Carpenter Technology Corp. has agreed to acquire the assets of ARwin Machining Plus, Ltd. for approximately $1.4 million dollars, with an expected closing by December 15, 2011.

Severstal Columbus Launches New Push-Pull Pickle Line

06 December 2011 - Severstal North America’s new Push Pull Pickle Line is up and running at its site in Columbus, Miss. The new line is capable of pickling 0.059- to 0.500-inch by 36- to 74-inch product.

ATI to Supply Goodrich with Aerospace Forgings

06 December 2011 - Allegheny Technologies Inc. has signed a long-term sourcing agreement with the Goodrich Corp. for the supply of aerospace forgings used for landing gear components, from 2012 through 2015.

Cliffs Plans for Production Curtailment at Empire Mine

06 December 2011 - Cliffs Natural Resources anticipates full-year 2012 production volume at its Empire Mine in Michigan to be about 2.7 million tons, down from 2011's full-year expected production volume of approximately 4.6 million tons, due to planned blast furnace maintenance at one of Cliffs' North American customer's facilities.

CMC to Review Unsolicited Letter from Carl Icahn

29 November 2011 - Commercial Metals comments on the open letter released to the press by Carl Icahn proposing to acquire all outstanding common shares of Commercial Metals at a price of $15.00 per share.

Surma Elected Chairman of AISI

22 November 2011 - The American Iron and Steel Institute Board of Directors has elected U. S. Steel Chairman and CEO John P. Surma as the Chairman of AISI, replacing Nucor Chairman and CEO Daniel R. DiMicco, who served as the Institute’s Chairman for the past 18 months.

Quad Infotech Implements QMOS MES System at Gerdau Whitby Plant

22 November 2011 - Quad Infotech Inc. has completed implementation and commissioning of the QMOS Manufacturing Execution System (MES) at Gerdau’s Whitby plant in Ontario, Canada. This installation is part of Gerdau’s initiative to use QMOS as its corporate manufacturing system.

AK Steel Announces Stainless Steel Price Increase

18 November 2011 - AK Steel announced plans to increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on January 1, 2012.

Severstal Columbus Unveils $550 Million Phase II Facility Expansion

18 November 2011 - everstal North America celebrated the Grand Opening of its $550-million Phase II expansion in Columbus, Miss. The expansion included installation of a second EAF, caster, tunnel furnace, hot-dip galvanizing line, and push-pull pickle line.

Optima Specialty Steel to Acquire Niagara LaSalle Corporation

18 November 2011 - Optima Specialty Steel, Inc.,  announced that it has entered into a definitive agreement to acquire 100% of the Niagara LaSalle Corporation.

Republic Steel Plans New EAF at Lorain, Ohio Facility

17 November 2011 - Republic Steel announced plans to invest $85.2 million in an electric arc furnace and associated equipment at its steelmaking facility in Lorain, Ohio.