.png?lang=en-US&ext=.png)
Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Severstal Columbus Selects TIBCO Spotfire for Enterprise Analytics
14 November 2008 - Severstal Columbus (the former SeverCorr) chooses TIBCO Software’s Spotfire enterprise analytics platform to improve the management of its business and manufacturing processes.
Timken Opens New Small-Bar Steel Rolling Mill
14 November 2008 - Timken officially opens its new $60-million small-bar steel rolling mill at the company’s Harrison Steel Plant in Canton, Ohio.
Steelworkers Form Unity Council for Evraz NA Operations
13 November 2008 - USW representatives in Regina and Calgary join with other USW members employed by Evraz North America in Canada and the U.S. to form a Unity Council.
U. S. Steel Tubular Names Chief Roughneck Award Recipient
12 November 2008 - U. S. Steel Tubular Products names Diemer True, Founder and Chairman of the Diamond Companies of Wyoming, as the recipient of its Chief Roughneck Award for 2008.
AK Steel Temporarily Idles Some Operations in Mansfield, Ashland
12 November 2008 - AK Steel will temporarily idle its Mansfield operations, and most of its Ashland, Ky., operations because of sharply lower demand for some of its products.
Falling Prices Prompt Universal Stainless to Reduce Q4 EPS Guidance
11 November 2008 - Universal Stainless & Alloy Products updates its business outlook for the fourth quarter of 2008 to reflect diluted EPS ranging from breakeven to $0.15 due to lower raw material prices.
Severstal Completes Bid for PBS Coals Shares
10 November 2008 - Severstal affiliate 7027940 Canada Limited completes the offer to purchase the outstanding common shares of PBS Coals Limited, formerly known as Penfold Capital Acquisition Corp.
Cliffs Natural Resources Provides WARN Notices
10 November 2008 - Cliffs Natural Resources’ North America business unit initiates WARN Act notification to local officials and the United Steelworkers at its Empire and Tilden mines in Michigan and the Hibbing Taconite and United Taconite mines in Minnesota.
ThyssenKrupp Celebrates Construction Milestones for Alabama Mill
07 November 2008 - ThyssenKrupp Steel USA and ThyssenKrupp Stainless USA celebrate the first anniversary of groundbreaking with a review of the key construction milestones to date for their new world-class complex in Calvert, Ala.
Keystone Reports 3rd Quarter Results
07 November 2008 - Keystone Consolidated Industries reports net income of $24.0 million on net sales of $183 million for the third quarter of 2008.
AK Steel Posts December Surcharges for Electrical Steels
06 November 2008 - AK Steel will add a $185 per ton surcharge for electrical steel products shipped in December 2008.
Gerdau Ameristeel Reports Record 3rd Quarter Earnings
06 November 2008 - Gerdau Ameristeel reports net income of $316.9 million on net sales of $2.5 billion for the third quarter, and net income of $742.0 million on net sales of $7.1 billion for the nine months ended September 30, 2008.
AK Steel Updates Fourth Quarter Outlook
05 November 2008 - AK Steel lowers its fourth quarter 2008 shipping and earnings expectations based on weaker-than-expected economic conditions in the United States and globally.
Schnitzer Steel Announces New CEO
05 November 2008 - Schnitzer Steel Industries announces the election of its new President and CEO, replacing John D. Carter, who has been elected Chairman of the Board, effective December 1, 2008.
California Steel Reports 3rd Quarter Results
05 November 2008 - California Steel Industries reports net income of $35.5 million on net sales revenue of $440.8 million for the third quarter, and net income of $89.4 million on net sales revenue of $1.24 billion for the nine months ended September 30, 2008.
Allegheny Technologies Elects New Director
04 November 2008 - Allegheny Technologies announces the election of a new director, increasing the number of directors on its Board of Directors to nine.
Timken Expands Aerospace Aftermarket Position with EXTEX Acquisition
04 November 2008 - Timken acquires the assets of EXTEX, a leading designer and marketer of high-quality replacement engine parts for the aerospace aftermarket.
Worthington to Sell Interest in European Steel Processing Venture
03 November 2008 - Worthington Steel agrees to sell its 49% equity interest in Canessa Worthington Slovakia to its joint venture partner, The CLN Group.
Schnitzer Steel Falls Short on Nasdaq Independent Director Requirement
03 November 2008 - Schnitzer Steel receives Nasdaq Staff Deficiency Letter indicating that the company was not in compliance with the independent director requirement for continued listing.
U. S. Steel Acquires Outstanding Interests in Clairton 1314B Partnership
03 November 2008 - U. S. Steel acquires additional equity interests that it did not previously own in the Clairton 1314B Partnership LP for a price of $104 million, and subsequently terminated the Partnership.
