Steel News

Successful Audit Certifies NLMK’s Compliance to ISO 14001-2004

17 June 2009 - Novolipetsk Steel successfully passes the annual certification audit of its Environmental Management System, confirming its compliance with ISO 14001-2004.

Nucor Adjust Second-Quarter Guidance

17 June 2009 - Nucor updates its second-quarter guidance, saying that it now expects to report a smaller-than-expected loss in the range of $0.55 to $0.65 per diluted share, based on increased orders.

New Auto-Steel Partnership Toolkit helps Automakers Boost Fuel Economy with AHSS

16 June 2009 - The Auto/Steel Partnership releases its latest update to the Advanced High-Strength Steel Applications Design and Stamping Process Guidelines, a comprehensive manual designed to help with the specification and application of specific grades of AHSS parts.

Outokumpu Invests in Projects to Combat Climate Change

11 June 2009 - Outokumpu describes winning entries from last year’s competition to combat climate change, and makes plans to invest five million euros in an environmental target addressing climate change.

Pig Caster Commissioned at Nucor’s PIZO Joint Venture

11 June 2009 - Economy Industrial commissions new 20 ton/hour pig caster at PIZO, a joint venture of Heritage Environmental and Nucor.

Universal Stainless Achieves AS 9100 Certification at Bridgeville, Dunkirk

11 June 2009 - Universal Stainless & Alloy Products achieves AS 9100 certification at its primary Bridgeville facility and its Dunkirk Specialty Steel mill.

Worthington Industries Completes Tender Offer for Notes

10 June 2009 - Worthington Industries completes its previously announced cash tender offer for the $138.0 million of its 6.70% Notes due December 1, 2009.

Steel Dynamics Announces Pricing of Stock, Notes

09 June 2009 - Steel Dynamics has priced its public offerings of common stock and 5.125% convertible senior notes due 2014.

Gerdau Ameristeel to Idle Sayreville Plant, Close Perth Amboy Rolling Mill

09 June 2009 - Gerdau Ameristeel is suspending production at its Sayreville, N.J., steel mill and closing its rolling mill in neighboring Perth Amboy, N.J., and has also entered discussions with the USW regarding the potential closure of its Sand Springs, Okla., steel mill.

AK Steel Announces July 2009 Surcharges

05 June 2009 - AK Steel will add a $70-per-ton surcharge to invoices for electrical steel products shipped in July 2009.

Allegheny Technologies Reports Results of Tender Offer

04 June 2009 - Allegheny Technologies announces the final results of its cash tender offer to purchase its outstanding 8.375% Senior Notes due 2011.

Tata Steel Kicks Off Green Month at West Bokaro Division

04 June 2009 - Tata Steel is gearing up for the observation of World Environment Day this Friday, June 5, kicking off a month of environment-focused activities involving employees, citizens and schoolchildren.

Steel Dynamics Announces Offerings of Stock, Notes

03 June 2009 - Steel Dynamics announced its intention to offer 27 million shares of common stock and $150 million of convertible senior notes due 2014, with the notes guaranteed by certain of its subsidiaries.

Worthington Industries Commences Tender Offer

02 June 2009 - Worthington Industries announces a cash tender offer for the $138.0 million outstanding principal amount of its 6.70% Notes due December 1, 2009.

Worthington Industries to Acquire Piper Metal Forming Assets

02 June 2009 - Worthington Industries purchases the assets of Piper Metal Forming, U.S. Respiratory, and Pacific Cylinders.

AK Steel to Increase Carbon Steel Prices

02 June 2009 - AK Steel says it will increase spot market prices for its carbon steel products effective with new orders scheduled for delivery on July 1, 2009 and later.

Allegheny Technologies Completes Notes Offering

02 June 2009 - Allegheny Technologies completes its public offering of $350,000,000 of 9.375% Senior Notes due 2019.

Commercial Metals Announces Retirement of General Counsel

01 June 2009 - Commercial Metals Co. announces the planned retirement of David M. Sudbury, Senior Vice President, Secretary & General Counsel, effective at the end of CMC's 2009 fiscal year on August 31, 2009.

Allegheny Technologies Prices Notes Offerings

28 May 2009 - Allegheny Technologies has priced its concurrent public offerings of senior notes due 2019 and convertible notes due 2014.

OSHA Cites JSW Steel for Potential Safety and Health Hazards at Baytown Facility

27 May 2009 - OSHA announces $146,500 in proposed penalties against JSW Steel (USA) for the alleged failure to protect its employees from potential safety and health hazards at the company’s Baytown, Texas, facility.