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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
RG Steel Announces Executive Appointments
13 April 2011 - RG Steel President and CEO V. John Goodwin announced four key executive appointments including Chief Financial Officer, Chief Commercial Officer, Chief Administrative Officer, and Chief Operating Officer.
Siemens to Supply Static Var Compensation System to CMC Steel Texas
13 April 2011 - CMC Steel Texas has placed an order with Siemens Industry, Inc. to supply a turnkey SVC Plus static var compensation system for the company’s steel minimill in Seguin, Texas.
Cliffs Reaches Negotiated Settlement with ArcelorMittal USA
12 April 2011 - Cliffs Natural Resources has reached a negotiated settlement with ArcelorMittal USA and related parties regarding price reopener entitlements for 2009 and 2010 and pellet nominations for 2010 and 2011.
CMC Enters Two Year Sale of Accounts Receivables Facility
12 April 2011 - Commercial Metals Co. and several of its subsidiaries have entered into a facility with Wells Fargo Bank, N.A to provide for a two-year sale of accounts receivables.
Latrobe Specialty Steel to Expand in Wauseon
08 April 2011 - Latrobe Specialty Steel will use a Contingency Grant recently awarded by the Ohio Department of Development to purchase and install technologically advanced hydrogen atmosphere furnaces at its Wauseon, Ohio, facility.
ALJ Releases Second Quarter Revenue Performance
08 April 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $40.3 million for the second quarter and revenue of $73.0 million for the six months ended March 31, 2011.
CMC Announces New President and Chief Operating Officer
08 April 2011 - Commercial Metals Company announced the promotion of Joe Alvarado to the position of President and Chief Operating Officer.
AK Steel Announces May 2011 Surcharges
05 April 2011 - AK Steel says it will add a $390 per ton surcharge to invoices for electrical steel products shipped in May 2011.
Schnitzer Reports Strong 2nd Quarter Fiscal 2011 Financial Results
05 April 2011 - Schnitzer Steel Industries reported $1.10 diluted earnings per share from continuing operations for its fiscal 2011 second quarter ended February 28, 2010, a 77% increase from $0.62 diluted earnings per share for the year-ago second quarter.
ArcelorMittal USA Receives Fourth ENERGY STAR Award
04 April 2011 - ArcelorMittal USA has earned the 2011 ENERGY STAR® Award for Sustained Excellence, marking the company's fourth consecutive year of receiving the award.
RG Steel Plans for Restart of Former Severstal Facilities
04 April 2011 - RG Steel completes its stock purchase of three U.S. assets from Severstal US Holdings, LLC. Employees are being recalled to the Sparrows Point facility, with the blast furnace scheduled to become operational in May.
Worthington Reports Third Quarter Fiscal 2011 Results
01 April 2011 - Worthington Industries, Inc. reported net earnings of $26.3 million on net sales of $569.4 million for its fiscal 2011 third quarter ended February 28, 2011.
Severstal NA Completes Asset Sale, Accelerates Capital Improvements
01 April 2011 - Severstal North America has successfully completed the sale of its Warren, Wheeling, and Sparrows Point, assets to the Renco Group, and has also stepped up completion dates for some of its planned capital improvements at Dearborn and Columbus.
Grupo Simec Announces Republic’s Acquisition of Bluff City Assets
31 March 2011 - Grupo Simec, S. A. B. de C. V. subsidiary Republic Engineered Products Inc. has acquired the assets of Bluff City, which include heat treat and cold drawing facilities.
Latrobe Steel’s Vacuum Melted Metals Help Rescue Downed Airman
29 March 2011 - The V-22 Osprey, which features a unique tilt-rotor mechanism, uses many Latrobe premium alloys for critical components within the transmission gear boxes, rotor shafts and the engines.
Carpenter Introduces New High Strength, High Toughness Alloy
25 March 2011 - Carpenter Technology unveils its newly-developed TEMPER TOUGH™ alloy, a new ultra high-strength steel alloy that is a lower-cost alternative to many cobalt-containing precipitation hardenable alloys.
Commercial Metals Sees Improved Outlook
23 March 2011 - Commercial Metals Co. reported a net loss of $46.2 million for the second quarter and a net loss of $45.5 million for the six months ended February 28, 2011.
LINDARC Laser-Based Off-Gas System Delivers Results at GerdauAmeristeel EAF
22 March 2011 - MORE srl, Italy, recently installed its innovative LINDARC real-time laser EAF off-gas analysis system at GerdauAmeristeel’s Jacksonville meltshop.
United Steelworkers Form Canada-U.S. Unity Council at Evraz Operations
18 March 2011 - USW local unions representing workers at Evraz NA operations in the U.S. and Canada have formed a "Unity Council" to deal with the company on a common front.
Nucor Announces Guidance for First Quarter Earnings
17 March 2011 - Nucor says it expects to report earnings in the range of $0.30 to $0.35 per diluted share for its first quarter ending April 2, 2011.
