Steel News

Praxair Starts up Supply to ThyssenKrupp in Alabama

11 May 2011 - Praxair has started up a new air separation unit to supply industrial gases to ThyssenKrupp’s state-of-the-art carbon and stainless steel processing facilities in Mobile, Ala.

Chinese Ministry of Commerce Okays Cliffs Acquisition of Consolidated Thompson

10 May 2011 - The Chinese Ministry of Commerce has cleared Cliffs Natural Resources’ proposed acquisition of Consolidated Thompson Iron Mines Limited.

Allegheny Technologies Completes Acquisition of Ladish

10 May 2011 - Allegheny Technologies has completed its acquisition of Ladish Co., Inc. in accordance with the agreement and plan of merger adopted by Ladish shareholders at a special meeting held on May 6, 2011.

Cliffs Natural Resources Joins Ranks of the Fortune 500

09 May 2011 - Cliffs Natural Resources Inc. been added to the Fortune 500 list 2011, Fortune Magazine's annual ranking of America's largest companies by revenue.

Severstal Columbus Resumes Operations

09 May 2011 - OAO Severstal’s Columbus plant in Mississippi has resumed its steelmaking and rolling operations.

Commercial Metals Company Names New Chief Financial Officer

06 May 2011 - Commercial Metals Co announced that Barbara R. Smith will assume the role of Senior Vice President and Chief Financial Officer, succeeding Bill Larson who has been with CMC for twenty years.

USW Membership Ratifies Agreement with RG Steel

06 May 2011 - Members of the United Steelworkers (USW) have ratified their new contract with RG Steel, which purchased USW-represented facilities from Severstal North America last month.

Nucor’s Stratman Appointed AIST President for 2011–2012

06 May 2011 - The Association for Iron & Steel Technology announced the appointment of R. Joseph Stratman, Executive Vice President, Nucor Corp., as President of AIST for 2011–2012. The Association also announced its new executive committee and board of directors.

Qatar Steel Supports Rehabilitation of Special-Needs People

05 May 2011 - Qatar Steel has presented a check supporting the Qatar Society for Rehabilitation of People with Special Needs, which will be allocated to a ceremony recognizing male and female students with special needs who show academic excellence.

Interruption of Operations at Severstal Columbus

04 May 2011 - Electrical power was interrupted at the OAO Severstal’s Columbus plant in Mississippi as a result of a severe storm earlier this week.

ThyssenKrupp Makes Donation for Alabama Disaster Relief

04 May 2011 - ThyssenKrupp Steel USA is donating $10,000 on behalf of its team to the Alabama Gulf Coast Red Cross Chapter earmarked specifically for disaster relief efforts in northern Alabama as a result of recent tornadoes.

AK Steel Announces June 2011 Surcharges

03 May 2011 - AK Steel says it will add a $435 per ton surcharge to invoices for electrical steel products shipped in June 2011.

Carpenter Technology to Expand Reading Facility

03 May 2011 - Carpenter Technology Corp. announced a significant expansion project at its Reading, Pa., facility that will allow for the installation of two additional Electroslag Remelting Furnaces and increase capacity for Forge Finishing and Annealing operations.

Essar Steel Algoma Names Hrusovsky as Chief Executive Officer

03 May 2011 - Essar Steel Algoma’s Board of Directors announces the pending appointment of James Hrusovsky, former CEO of Severstal Columbus, as the company’s new Chief Executive Officer.

Allegheny Technologies Announces Chairman, Executive Appointments

02 May 2011 - Allegheny Technologies Inc. announced that Richard J. Harshman, 54, has officially taken over as Chairman, President and Chief Executive Officer of ATI succeeding L. Patrick Hassey who has retired. The company also announced a number of executive title changes.

U. S. Steel Announces Vice President - Tubular Technology & Business Development

02 May 2011 - David L. Britten will join U. S. Steel effective May 3, 2011, to serve in the newly created position of Vice President – Tubular Technology & Business Development.

Universal Stainless Reports First Quarter 2011 Results

29 April 2011 - Universal Stainless & Alloy Products, Inc. reported that sales for the first quarter of 2011 were $59.8 million, an increase of 72% from the first quarter of 2010 and up 16% from the 2010 fourth quarter. Net income for the first quarter was more than triple the level of last year's first quarter and up 25% from the fourth quarter of 2010.