Steel News

Brush Engineered Materials Promotes Former LTV President

05 May 2005 - Brush Engineered Materials Inc. has promoted Richard J. Hipple, 52, to President and Chief Operating Officer.

Court Approves Sale of Stelco Welland U&O Mill

05 May 2005 - Stelco Inc. announced that the Superior Court of Justice (Ontario) has approved the sale of Welland Pipe's U&O Mill to Grinolet Inc.

Newport Steel Employees Approve New Labor Contract

05 May 2005 - NS Group, Inc. announced that hourly employees of Newport Steel, the company's welded tubular operation located in Kentucky, approved a new four-year labor agreement.

Nufab Rebar Announces Acquisition of Lulich Steel

05 May 2005 - Nufab Rebar(TM) LLC, Nucor Corp.'s rebar fabrication joint venture with Ambassador Steel Corp., announced that it has acquired Lulich Steel LLC. Rebar fabricator Lulich Steel serves the reinforcing steel construction markets of Louisiana, Mississippi and the panhandle region of Florida.

Gerdau Ameristeel Announces 1st Quarter Results

04 May 2005 - Gerdau Ameristeel Corp. reported net income of $78.6 million* on net sales of $1.0 billion for the three months ended March 31, 2005.

Gerdau Ameristeel to Recycle Scrap Tires Using Stebbing Process

04 May 2005 - Gerdau Ameristeel Corp. has acquired a non-exclusive license to use the patented Stebbing Engineering Scrap Tire Process in its steel minimills.

Wheeling-Pittsburgh Steel to Idle Historic No. 1 Blast Furnace

04 May 2005 - Wheeling-Pittsburgh Steel Corp. announced that it will permanently idle its No. 1 Blast Furnace on Thursday, May 5, 2005. The shutdown will end more than 100 years of service by one of the oldest blast furnaces running in the United States.

Stelco Court Monitor Files 28th Report

03 May 2005 - Stelco Inc.’s court-appointed Monitor has filed its twenty-eighth Report regarding the company's Court-supervised restructuring. The Report provides updated information regarding the sale of Welland Pipe's U&O Mill. The Monitor reports that Stelco will seek a Court Order on May 4, 2005 approving the sale of the Mill to Grinolet Inc.

LOI to Supply Bell Annealing Plant for ThyssenKrupp Electrical Steel

01 May 2005 - LOI Thermprocess has received a contract from ThyssenKrupp Electrical Steel to supply a new HPH© bell-type annealing plant for grain-refined electrical steel.

Posco Continues to Support Small and Mid-sized Companies

01 May 2005 - Posco has pushed ahead with its extensive support measures for small- and mid-sized companies in purchase, sales, human resources development, and partnership.

Arcelor to Sell Three Spanish Rebar and Mesh Production Units

01 May 2005 - Arcelor has signed an agreement for the sale of Corrugados Azpeitia, Corrugados Getafe and Corrugados Lasao, three rebar and mesh plants located in Spain, to Alfonso Gallardo Group.

ThyssenKrupp Steel Welcomes Stop-gap Collective Agreement

01 May 2005 - ThyssenKrupp Steel AG welcomes the agreement reached by the collective bargaining parties in the steel industry, preventing a strike. According to TKS, industrial action would have severely dented hopes of an urgently needed economic turnaround.

LOI Modernizes Bell-Type Annealing Plant for Sidmed

01 May 2005 - The Spanish company Sidmed SA of Sagunto, a member of the Arcelor Group, recently awarded LOI Thermprocess a contract for the second stage of the modernization project at its bell-type annealing plant.

MultiServ to Expand Services at Steel Mills in Belgium and Mexico

01 May 2005 - Harsco Corp.’s MultiServ mill services division has been awarded multi-year contracts for additional outsourced services at two major steel mills in Belgium and Mexico.

Maanshan Grants Acceptance Certificate to VAI for LD Process Optimization

01 May 2005 - Voest-Alpine Industrieanlagenbau (VAI) recently received the acceptance certificate from Maanshan Iron & Steel for the successful implementation of a Process Optimization System for three 120-tonne LD (BOF) Converters.

Oregon Steel Mills Reports 1st Quarter Results

29 April 2005 - Oregon Steel Mills, Inc. reported net income of $28.4 million on sales of $296 million for the first quarter of 2004.

AK Steel Announces May Surcharges

29 April 2005 - AK Steel announced it will add a $218 per ton surcharge to invoices for flat-rolled carbon steel products shipped in May 2005. In addition, a $215 per ton surcharge will be added to invoices for electrical steel products shipped in May 2005.