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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Severstal Launches Campaign for Unified Approach to Marketplace
14 December 2009 - Severstal North America has launched a new initiative, ONE Severstal, designed to promote a unified approach by all of its U.S. facilities to the marketplace. The campaign reflects the company’s recently completed North American commercial reorientation.
Steel Dynamics Updates 4th Quarter Guidance
11 December 2009 - Steel Dynamics updates its fourth quarter 2009 earnings guidance to the range of $0.10 to $0.20 per diluted share.
AK Steel Comments on China’s Preliminary Ruling for Electrical Steel Duties
11 December 2009 - AK Steel responds to the imposition of provisional duties by China's Ministry of Commerce (MOFCOM) on imported electrical steel products. Chairman, President, and CEO James L. Wainscott says the company is very disappointed by MOFCOM's preliminary findings.
Nucor Board Increases Cash Dividend
10 December 2009 - Nucor’s board of directors increases the regular quarterly cash dividend on the company's common stock by 2.9% to $0.36 per share.
ThyssenKrupp Holds Jobs Fair in Mobile County
10 December 2009 - ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA holds jobs fair in Mount Vernon, Ala.
AK Steel to Further Increase Carbon Steel Prices
09 December 2009 - AK Steel announces an additional $30 per ton increase to spot market prices for carbon steel products for all new orders accepted for shipment on January 1, 2010 and later.
Cliffs Amends Definitive Agreement to Acquire Freewest
07 December 2009 - Cliffs Natural Resources has amended the terms of the previously disclosed definitive agreement to acquire Freewest Resources Canada Inc. Under the terms of the amended agreement, each Freewest shareholder will now receive CAD$0.90 per share of fixed consideration exclusively in the form of Cliffs common stock.
ZPSS Receives Environmental Incentives from City Government
07 December 2009 - Zhangjiagang Pohang Stainless Steel recently received environmental incentives from the Zhang Jiagang Municipal Government. The grant is given by provincial or municipal governments to companies with leading environmental protection practices.
Anti-Noise Screens Significantly Reduce Noise in Bartovice
04 December 2009 - ArcelorMittal Ostrava has erected three anti-noise screens that separate the Bartovice marshalling yard from the residential zone. A second stage of noise-reduction actions, planned for 2010, will include the erection of a fourth screen.
AK Steel Announces January 2010 Surcharges
04 December 2009 - AK Steel will add a $155 per ton surcharge to invoices for electrical steel products shipped in January 2010.
Corus Pilot Plant to Test CO2-Reducing Technology
01 December 2009 - Corus will test a new iron-making technology, called “Hisarna,” in a pilot plant project at its IJmuiden steelworks in the Netherlands. The technology reportedly has the potential to reduce CO2 emissions in blast furnace steelmaking by more than 50%.
Gerdau Ameristeel Announces $610 Million Refinancing
30 November 2009 - Gerdau Ameristeel enters into a loan agreement to borrow $610 million on arm's length terms from Gerdau Holdings, a subsidiary of Gerdau S.A.
Carpenter Technology Announces Completion of Syndicated Credit Facility
30 November 2009 - Carpenter Technology completes a three-year, $200-million syndicated credit facility.
Cliffs to Acquire Chromite Deposits from Freewest
27 November 2009 - Cliffs Natural Resources Inc. has entered into a definitive agreement to acquire the “Ring of Fire” chromite properties of Freewest Resources Canada Inc. The transaction is expected to close in the first quarter of 2010.
AK Tube Plant Recertified in VPP Safety Program
25 November 2009 - The Columbus, Ind., plant of AK Tube has been recertified as a Star site in the Indiana Department of Labor's Voluntary Protection Program (VPP). The Star designation signifies that the plant's safety programs surpass OSHA requirements.
ArcelorMittal Dofasco, Employees Support United Way
24 November 2009 - ArcelorMittal Dofasco and its employees make a $1 million donation to the United Way of Burlington & Greater Hamilton.
AK Steel Recognizes Valuable Suppliers, Processors
23 November 2009 - AK Steel is honoring four suppliers and three processors for providing outstanding service, value, and strategic support to its business plan in 2009.
AK Steel to Increase Carbon Steel Prices
20 November 2009 - AK Steel says it will increase spot market prices for its carbon steel products, effective January 1, 2010.
Severstal NA to Restart Yorkville Cold Mill
20 November 2009 - OAO Severstal announces the resumption of operations for Severstal Wheeling’s Yorkville, Ohio, cold rolling mill in response to increasing demand for cold rolled and coated products.
CMC Cometals to Build Alloy Hardeners Plant near Cayce Minimill
18 November 2009 - CMC’s Cometals Division announces plans to construct a state-of-the-art alloy hardeners plant near the company’s Cayce, S.C., steel minimill.
