Steel News

ArcelorMittal to Build Beam Mill in Contrecoeur, Restructure Canadian Operations

12 December 2007 - ArcelorMittal’s Canadian restructuring plans include consolidation of flat products production at the Dofasco facility in Hamilton, and long products production at the company’s ArcelorMittal Montreal facility in Contrecoeur, Que.

Nucor Welcomes Former Weirton Steel Chief to Board of Directors

11 December 2007 - Nucor announces the election of former Weirton Steel President and CEO John H. Walker to its board of directors, effective January 1, 2008.

Parsytec to Supply 4th Surface Inspection System for North American Stainless

10 December 2007 - Parsytec AG will supply a surface inspection system to North American Stainless for a hot band annealing-pickling line at its Ghent, Ky., facility.

Schnitzer Steel Makes Changes to Financial Executive Group

10 December 2007 - Schnitzer Steel announces reassignment of responsibilities for several members of its financial executive team, including former CFO Greg Witherspoon, who has been reassigned to a new position as Vice President, Special Projects.

Allegheny Technologies Elects New Director

07 December 2007 - Allegheny Technologies announces the election of J. Brett Harvey, President and CEO of Consol Energy, to the company’s Board of Directors.

U. S. Steel Prices $500 Million of Senior Unsecured Notes

07 December 2007 - United States Steel prices $500 million of 7.00% Senior Notes due 2018 at 99.087% of the principal amount.

Nucor Increases Base Dividend by 173%

06 December 2007 - Nucor’s Board of Directors increases the regular quarterly cash dividend on Nucor's common stock to thirty-cents per share, and approves a supplemental dividend of thirty-one cents per share.

WCI Steel Announces New CEO and President, Resumption of Operations

06 December 2007 - WCI Steel announces its new CEO and President, as well as the resumption of blast furnace operations following the Nov. 9 fire in two of the furnace's hydraulic control rooms.

AK Steel Announces January 2008 Surcharges

05 December 2007 - AK Steel says it will add a $230/ton surcharge to invoices for electrical steel products shipped in January 2008.

Siemens to Upgrade Bar Mills in the U.S. and Mexico

05 December 2007 - Siemens Metals Technologies will upgrade bar mills at Steel Dynamics’ Pittsboro, Ind., facility and at Talleres y Aceros SA de CV in Ixtaczoquitlán, Mexico.

ArcelorMittal to Increase Q&T Plate Output at Four U.S. Mills

05 December 2007 - ArcelorMittal will increase its output of quenched and tempered plate at its Gary, Burns Harbor, Conshohocken, and Coatesville facilities in order to meet high military and commercial demand.

Steel Dynamics Completes Purchase of Minnesota Iron Mine

04 December 2007 - Steel Dynamics completes its purchase of a shuttered Hoyt Lakes, Minn., taconite mine from Cleveland Cliffs where it will invest $165 million so it can mine and concentrate iron ore for its Mesabi Nugget venture with Kobe Steel.

U. S. Steel Proposes $1-Billion Capital Investment at Clairton Coke Works

03 December 2007 - United States Steel is considering a $1-billion capital investment program at its Clairton Plant that would include the construction of two high-tech, environmentally advanced coke batteries plus a co-generation facility.

Gerdau Ameristeel’s Charlotte Mill Honored for Corporate Philanthropy

30 November 2007 - The North Carolina Department of Commerce has selected Gerdau Ameristeel's Charlotte Steel Mill as its 7th Annual International Community and Economic Development Award winner in the medium company category.

End of Month Marks the End of an Era for Dofasco

30 November 2007 - Reflecting the heritage of two steel industry leaders, Dofasco will on Friday change its name to ArcelorMittal Dofasco.

Stockholders Approve Merger of Wheeling-Pittsburgh and Esmark

28 November 2007 - In a long-awaited vote, stockholders of Esmark Inc. and Wheeling-Pittsburgh Corp. overwhelmingly approve the combination of the two companies.

Ipsco Appoints General Manager for Montpelier Operations

27 November 2007 - Ipsco appoints steel industry veteran Ed DiCiccio as General Manager of its Montpelier, Iowa, steelmaking complex.

Timken Bearings in Key Systems at New SeverCorr Mill

26 November 2007 - Timken’s bearing assemblies were used as components in the major production systems supplied by SMS Demag for the new SeverCorr steel plant.

Siemens Starts up First Meros Process at voestalpine Stahl Sinter Plant

26 November 2007 - Siemens Metals Technologies starts up the world’s first Maximized Emission Reduction of Sintering (Meros) off-gas-cleaning plant on voestalpine Stahl’s sinter plant. The upgrade has already delivered a significant reduction in off-gas emissions.

U. S. Steel to Challenge ITC Decision on Welded Line Pipe from Mexico

22 November 2007 - United States Steel is challenging the ITC’s recent determination that revoking an antidumping duty order on large-diameter welded line pipe from Mexico would not be likely to cause material injury to domestic producers.