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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Worthington Reports First Quarter 2012 Results

29 September 2011 - Worthington Industries reported net earnings of $25.7 million on net sales of $602.4 million for its fiscal 2012 first quarter ended August 31, 2011.

Kobe Steel, Anshan Steel to Consider Automotive Steel Sheet JV in China

28 September 2011 - Kobe Steel has signed a nonbinding letter of intent with China's Anshan Iron and Steel Group to explore a possible joint venture in China for the production of cold-rolled advanced high strength steel sheet for automobiles.

Timken and USW Local 1123 Enter Early Contract Discussions

27 September 2011 - The Timken Company and United Steelworkers of America Local 1123 have agreed to enter early discussions about the current labor agreement.

Nucor Prevails in Class Action Case

26 September 2011 - The Eighth Circuit Court of Appeals has confirmed that a national class action brought against Nucor-Yamato not only was inappropriate, but there was no evidence of plant-wide discrimination at the Blytheville, Ark., plant.

EPA Recognizes Nucor Jewett for Environmental Stewardship

21 September 2011 - The EPA recognizes Nucor Steel’s Jewett, Texas, facility for its achievements in reducing mercury and lead as part of its participation in the EPA’s National Partnership for Environmental Priorities.

Republic Steel Celebrates 125 Years of SBQ Excellence

21 September 2011 - Celebrating 125 of leadership in special bar quality steel manufacturing, Republic has announced it will return to the name Republic Steel, reflecting its heritage of SBQ leadership and innovation.

ArcelorMittal Princeton Receives 2010 Large Surface Mine Safety Award

19 September 2011 - Extra Energy's Virginia Point Surface Mine, wholly owned by ArcelorMittal, has been awarded the 2010 Large Surface Mine Safety Award by the Virginia Division of Mines, Minerals and Energy. ArcelorMittal's Twin State Mining's Highwall Miner #55 won the same award in the Small surface mine category.

Severstal North America Reports Favorable Ruling in Jefferson Court Case

16 September 2011 - Severstal has provided an update regarding the lawsuit between Severstal Columbus, LLC and Jefferson Iron and Metal Brokerage, Inc. regarding interpretation of their scrap procurement contract.

Nucor Announces Third Quarter Earnings Guidance

16 September 2011 - Nucor Corp. is forecasting results in the range of $0.45 to $0.55 per diluted share for its third quarter ending October 1, 2011.

Carpenter Powder Products Plans Facility Expansion in Sweden

15 September 2011 - Carpenter Technology has announced a major expansion of its Carpenter Powder Products facility in Torshälla, Sweden.

Evraz North America Announces Executive Vice President

15 September 2011 - Evraz North America announced the appointment of Kimberly Fields, a former General Electric executive, as Executive Vice President for its Flat Products Group.

ArcelorMittal Coatesville Supports Building of One World Trade Center

14 September 2011 - ArcelorMittal Coatesville has supplied more than 10,000 tons of plate and custom flame-cut parts from plate in various grades since 2007 for the new structure known as the One World Trade Center.

Steel Dynamics Provides Third Quarter Earnings Guidance

13 September 2011 - Steel Dynamics is expecting to report third quarter earnings in the range of $0.18 to $0.22 per diluted share, a decrease from the previous quarter due primarily to a substantial drop in anticipated third quarter flat rolled earnings.

AK Steel Announces Carbon Steel Price Increase

01 September 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products, effective immediately with new orders.

Timken Announces New Vice President of Rail Business

31 August 2011 - The Timken Co. announced the appointment of Brian J. Ruel to the position of Vice President of Rail, effective Oct. 1.

Severstal North America Successful on Two Patent Cases

30 August 2011 - The jury award won by Severstal North America in its defense of ArcelorMittal’s patent infringement assertions has been upheld by the trial judge. Severstal says it also continues to achieve favorable decisions in a patent reexamination proceeding regarding a patent owned by ArcelorMittal regarding the production of aluminum-coated, boron-bearing carbon steel.

OAO Severstal Reports Second Quarter Results

29 August 2011 - OAO Severstal announced net profit of $602 million on revenue of $4,383 million for the second quarter, and net profit of $1,122 million on revenue of $8,110 million for the six months ended June 30, 2011.

Timken, UA to Accelerate Commercialization of Specialized Research

26 August 2011 - The University of Akron (UA) and The Timken Co. have announced an open-innovation agreement to accelerate technology development. The organizations plan to combine their expertise in materials and surface engineering at newly established laboratories in the UA College of Engineering.

Carpenter to Build New Premium Products Facility

26 August 2011 - Carpenter Technology announced plans to construct a new state-of-the-art manufacturing facility capable of producing approximately 27,000 additional tons per year. The new facility is to include remelting, forge, and associated finishing and testing capabilities.

Timken Evaluates $225 Million Expansion at Faircrest

25 August 2011 - The Timken Co. is considering an investment of $225 million at its Canton, Ohio-based Faircrest Steel Plant that would increase capacity, expand product range, and strengthen competitiveness of Timken® alloy steel bars.

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