Steel News

U. S. Steel Announces Top-Level Changes at Fairfield Works

10 December 2008 - ABSTRACT: United States Steel announces new General Manager of Fairfield Works to replace Merle Stein, who will retire after 38 years of service with the company.

Nucor Posts 4th Quarter Earnings Guidance

10 December 2008 - Nucor says that it expects to be profitable in the fourth quarter ending December 31, 2008,  although it will be only marginally above the breakeven level.

Westmet to Represent Republic Cold Finished Bar Division

09 December 2008 - Republic Engineered Products announces that Westmet International will now represent Republic’s Cold-Finished Bar Products Division in the western U.S. and western Canada.

Gerdau Ameristeel Implements Quad’s QMOS System at Jacksonville

09 December 2008 - Quad Infotech Inc. recently completed installation of the [QMOS] Level 2 system at Gerdau Ameristeel’s Jacksonville, Fla., facility covering its meltshop, billet inventory, rolling mill, scheduling and quality control.

Worthington Announces Additional Workforce Reductions, Closings

08 December 2008 - Worthington Industries announces additional workforce reductions of approximately 300 employees in its steel processing and metal framing business segments, which equates to approximately 4% of the company’s total workforce.

Forbes Ranks Universal Stainless Among 200 Best Small Companies in America

05 December 2008 - Forbes magazine ranks Universal Stainless & Alloy Products 82nd on its annual list of the 200 Best Small Companies in America for 2008.

Nippon, ArcelorMittal Defer CGL Construction at I/N Kote

05 December 2008 - Nippon Steel and ArcelorMittal will defer further construction on the new continuous galvanizing line at I/N Kote, based on the sudden downturn of the North American automotive market.

Severstal Responds to Supreme Court Appeals Decision

04 December 2008 - Severstal North America comments on the U.S. Supreme Court’s decision to deny any further consideration of appeals of a previous jury verdict in favor of Wheeling Pittsburgh Steel and Mountain State Carbon, now known collectively as Severstal Wheeling.

AK Steel Plans 5% Pay Cut for Salaried Workers, Other Cost Reductions

04 December 2008 - AK Steel will implement a salaried employee cost reduction program that includes an indefinite 5% pay reduction for salaried employees and temporary incentives for voluntary retirements.

AK Steel Announces January 2009 Steel Surcharges

03 December 2008 - AK Steel will add a $10 per ton surcharge to invoices for electrical steel products shipped in January 2009.

U. S. Steel to Consolidate Production for Greater Efficiency

03 December 2008 - U. S. Steel will temporarily idle a number of its facilities over the next several weeks, as it concentrates production at its Mon Valley, Gary, Fairfield and Lake Erie Works.

Timken Receives $16 Million Order from Indian Railways

03 December 2008 - Timken will supply its Timken AP Class E bearings for use on Indian Railways passenger and freight trains.

Worthington Industries Names New CFO

02 December 2008 - Worthington Industries announces the appointment of B. Andrew “Andy” Rose as Chief Financial Officer and the appointment of Robert McMaster as Senior Financial Adviser to the Chairman.

Ohio EPA Grants Final Air Permit to Middletown Coke

26 November 2008 - Ohio EPA grants Sun Coke (doing business as Middletown Coke) a final air permit-to-install that paves the way for the company to begin its construction of three heat-recovery batteries adjacent to AK Steel’s Middletown Works.

AK Steel Recognizes Top Suppliers and Processors

17 November 2008 - AK Steel recognizes seven of its suppliers and processors for their outstanding service, value and strategic support of the steelmaker's business plan in 2008.

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.