Steel News

UAW Members Ratify Early Labor Agreement for Zanesville Works

13 March 2012 - AK Steel announced that members of the United Auto Workers (UAW), Local 4104, have ratified a new three-year labor agreement at the company's Zanesville, Ohio, Works.

Allegheny Technologies Announces Retirement of Engineered Products Segment VP

09 March 2012 - Allegheny Technologies Incorporated announced the retirement of David M. Hogan, Executive Vice President, Engineered Products Segment, effective April 1, 2012.

Premier Alliance to Implement Automated Demand Response at California Steel

08 March 2012 - Premier Alliance Group’s recently acquired Energy Division, Greenhouse Holdings, has been contracted to implement Southern California Edison’s Automated Demand Response (Auto-DR) program for California Steel Industries at its 450-acre Fontana, Calif., facility.

RG Steel Sparrows Point to Restart Galvanizing Line

06 March 2012 - RG Steel announced plans to restart the No. 2 Galvanizing Line at RG Steel Sparrows Point in early April.

ThyssenKrupp Steel USA Reaches out to Community Stakeholders

05 March 2012 - ThyssenKrupp Steel USA recently issued a communication to community stakeholders regarding an expected fine and other requirements through a consent order to be officially signed this month by the Alabama facility’s Team and the Alabama Department of Environmental Management (ADEM).

Carpenter Completes Latrobe Acquisition

01 March 2012 - Carpenter Technology has completed its acquisition of Latrobe Specialty Metals following approval by the U.S. Federal Trade Commission. As part of the FTC approval, Carpenter entered into a consent decree to transfer specified assets and technical knowledge to Eramet S.A. and its subsidiaries, Aubert & Duval and Brown Europe.

Timken to Build New Office Complex in Stark County

29 February 2012 - Timken announces plans to invest $42 million in Stark County, Ohio, to build a new two-story office complex connected to its existing facility near the Akron-Canton airport.

Severstal Plans US$1.7 Billion Target Capital Investment Program for 2012

28 February 2012 - OAO Severstal announced plans to invest US $1.7 billion in 2012, including further modernization and improvement of its operations, raising standards for health & safety, and development of new projects both in Russia and internationally.

Carpenter Enters into Agreements on Former Dana Property

27 February 2012 - Carpenter Technology has entered into contractual agreements that will enable it to purchase approximately 50 acres of land, including four buildings, on the former site of Dana Corporation’s Reading operations.

Allegheny Ludlum to Pay Cleanup Costs for Breslube-Penn Superfund Site

24 February 2012 - In settlement papers filed in federal district court, Allegheny Ludlum has agreed to reimburse the federal government for $535,000 of past cleanup costs at the Breslube-Penn Superfund site in Coraopolis, Pa.

Contract Ratification Clears Way for Timken Investment at Faircrest

23 February 2012 - After securing a new five-year labor agreement, Timken officials announced that they plan to move forward with a $225 million investment at the Faircrest Steel Plant in Stark County, Ohio.

Steel Dynamics to Expand Production of SBQ Steels

17 February 2012 - Steel Dynamics will expand the company’s Engineered Bar Products Division in Pittsboro, Ind., with the addition of a second rolling line that will permit concurrent production of small-diameter precision and larger-diameter bars.

ALJ Announces 1st Quarter Earnings

16 February 2012 - ALJ, the parent company of Kentucky Electric Steel, reported a net profit of $1.724 million on net sales of $38.90 million for the first quarter ended December 31, 2011.

AHMSA and Posco to Explore Mining, Steel Production Activities

10 February 2012 - Altos Hornos de México S.A.B. de C.V. (AHMSA) and Pohang Iron and Steel Co. (Posco) have entered into a letter of intention to jointly evaluate mining as well as iron and steel projects.

Severstal NA Honored by SMA for Zero Lost Time Accidents at Severstal Columbus

10 February 2012 - The Steel Manufacturers Association (SMA) has selected Severstal North America to receive a safety award in recognition of Zero Lost Time Accidents (LTA) at the company’s Columbus, Miss., facility.

Qatar Steel Signs Slag Sale and Recycling Agreement

09 February 2012 - Qatar Steel has signed a slag sale and recycling contract with Slag Aggregate Producer that will enable better reuse and reinvestment while helping to consolidate and strengthen the co-operation ties between Qatar Steel and the private sector.