Steel News

Cliffs Announces Promotions to Support Global Reorganization

09 February 2011 - Cliffs Natural Resources Inc. has announced a number of global commercial, operating and administrative management promotions in support of the company's previously announced global reorganization.

AISI Welcomes ThyssenKrupp Steel USA as New Member

08 February 2011 - The AISI Board of Directors welcomed ThyssenKrupp Steel USA as a producer member during its quarterly meeting held February 3 in Washington, D.C.

U. S. Steel Announces Management Changes in North America, Europe

04 February 2011 - United States Steel announced several management changes at its North American and European operations, including the appointment of Malisa J. Sommers to the position Managing Director – Transportation and President of Transtar, Inc., U. S. Steel's transportation subsidiary.

Timken to Invest $35 Million at Faircrest Steel Plant

02 February 2011 - Timken has announced plans to invest approximately $35 million to install a high-volume, in-line forge press at its Faircrest rolling mill facility in Canton, Ohio.

Sunoco Reaches Settlement with ArcelorMittal on Coke Pricing Litigation

01 February 2011 - Sunoco says it will move forward with the planned separation of SunCoke Energy now that it has reached an agreement with ArcelorMittal resolving the lawsuit over coke pricing for the Jewell facility.

Nucor Announces New Development in St. James Parish Project

28 January 2011 - The Louisiana Department of Environmental Quality has issued an air quality permit for Nucor Corp.’s direct reduced iron making facility that will be located in St. James Parish, La. The facility could ultimately lead to construction of a coke plant, blast furnace, pellet plant and steel mill.

Nucor Reports 4th Quarter, Full Year 2010 Results

28 January 2011 - Nucor Corp. reported a consolidated net loss of $11.4 million on consolidated net sales of $3.85 billion for the fourth quarter and consolidated net earnings of $134.1 million on consolidated net sales of $15.84 billion for the full year 2010.

Allegheny Technologies Announces 4th Quarter, Full-Year 2010 Results

27 January 2011 - Allegheny Technologies Inc. reported net income of $15.1 million on sales of $1.04 billion for the fourth quarter and net income of $70.7 million on sales of $4.05 billion for the full year 2010.

AK Steel Reports Q4, Full-Year 2010 Results

26 January 2011 - AK Steel reported a net loss of $98.3 million on net sales of $1,390.6 million for the fourth quarter, and a net loss of $128.9 million on net sales of $5,968.3 million for the full year 2010.

U.S. Steel Reports 2010 4th Quarter, Full-Year Results

26 January 2011 - United States Steel Corp. reported a net loss of $249 million on net sales of $4.3 billion for the fourth quarter, and a net loss of $482 million on net sales of $17.37 billion for the full year 2010.

Steel Dynamics Reports 4th Quarter, Full Year Results

25 January 2011 - Steel Dynamics, Inc. announced net income of $8 million on net sales of $1.5 billion for the fourth quarter and net income of $141 million on net sales of $6.3 billion for the full year 2010.

AK Steel Announces Carbon Steel Price Increase

21 January 2011 - AK Steel announced plans to increase current spot market base prices by $50 per ton for all carbon flat-rolled steel products, effective immediately with new orders.

Evraz to Relocate North American Headquarters to Chicago

21 January 2011 - Evraz Inc. NA will relocate its headquarters to Chicago, Ill., this June, saying the new location offers logistical advantages that will provide easier access to customers, manufacturing operations and its employees across North America.

Severstal Wins Patent Infringement Lawsuit

20 January 2011 - Severstal North America has achieved a favorable decision in the patent infringement lawsuit by ArcelorMittal France and ArcelorMittal Atlantique et Lorraine regarding technologies used in the production of aluminum-coated, boron-bearing carbon steel for high-strength automotive applications.

Shaw to Provide M&R Services for AK Steel Rockport Works

20 January 2011 - AK Steel has contracted Shaw Group Inc. to provide maintenance and reliability engineering services to the company’s Rockport Works steel processing facility beginning in March of this year.

U. S. Steel Announces Management Appointments

20 January 2011 - United States Steel announces three management appointments in its supply chain organization effective immediately, including the appointment of new General Managers for Customer Service and Logistics Service, as well as filling the newly created role of General Manager – Delivery Performance & Processed Products.

Latrobe Specialty Steel Appoints President and CEO

19 January 2011 - Latrobe Specialty Steel Co. has appointed B. Christopher DiSantis as the company’s President and Chief Executive Officer.

AK Steel Wins Patent Suit for Special Automotive Steels

18 January 2011 - AK Steel reports it has prevailed in a patent infringement lawsuit by two French units of ArcelorMittal regarding aluminum-coated, boron-bearing carbon steels, used primarily for high-strength automotive applications.

Severstal Columbus Earns International Automotive Quality Recognition

14 January 2011 - SRI Quality System Registrar awards Severstal North America an ISO/TS 16949:2009 and an ISO 9001:2008 management system certificate for the manufacture and supply of steel coils.

Guarantee Electrical Completes Power Assignment on SunCoke Facility in Granite City

14 January 2011 - Guarantee Electrical has completed a $20 million assignment to power and supply process / instrumentation wiring, equipment commissioning, lighting and voice/data services for a new metallurgical coke manufacturing/heat energy recovery facility built by SunCoke Energy in Granite City, Ill.