Steel News

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.

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.