Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Gerdau Ameristeel Reports 2009 4th Quarter, Year-End Results
26 February 2010 - Gerdau Ameristeel reported a net loss of $46.1 million on net sales of $1.0 billion for the fourth quarter and a net loss of $161.7 million on net sales of $4.2 billion for the year ended December 31, 2009.
AISI Commends Letter by Senators to EPA
24 February 2010 - The American Iron and Steel Institute has expressed its support for a letter signed by eight U.S. Senators to EPA Administrator Lisa P. Jackson raising “serious economic and energy security concerns” regarding the potential regulation of greenhouse gases from stationary sources under the Clean Air Act.
Universal Stainless to Elect New Chairman of the Board
24 February 2010 - Universal Stainless & Alloy Products’ Board of Directors intends to elect Dennis M. Oates, the company's President and CEO, to the additional position of Chairman, in anticipation of the impending retirement from the Board of its current Chairman, Clarence M. ("Mac") McAninch.
Steel Dynamics to Begin Shipping Standard Rail to Major Railroads
23 February 2010 - Steel Dynamics, Inc. has begun commercial production of Standard Strength rails that meet all current AREMA specifications at its Structural & Rail Division at Columbia City, Ind. Shipments are expected to begin in the second quarter.
Severstal Columbus Closes Senior Secured Note Offering
22 February 2010 - Severstal Columbus LLC, a subsidiary of OAO Severstal, has issued a US$525 million aggregate principal amount of eight-year callable senior secured notes at an original issue discount of 2% and an annual coupon rate of 10.25%.
Cliffs Reports Fourth-Quarter, Full-Year Results
19 February 2010 - Cliffs Natural Resources Inc. reported full-year revenues of $2.34 billion for the period ended Dec. 31, 2009, a decrease of 35% from the previous year. Consolidated fourth-quarter revenues were $820.5 million, a decrease of 10% compared to the same quarter last year.
Universal Stainless to Increase Base Price for Stainless Wire Rod
19 February 2010 - Universal Stainless & Alloy Products announces a 5% base price increase on all stainless wire rod manufactured at its Dunkirk Specialty Steel, LLC facility.
ALJ Announces 1st Quarter Earnings
18 February 2010 - ALJ, the parent company of Kentucky Electric, reports a net loss of $153,106 on net sales of $21.03 million for the three months ended December 31, 2009.
AISI Challenges EPA Endangerment Finding
17 February 2010 - The American Iron and Steel Institute has filed a legal challenge to the Environmental Protection Agency’s recent decision that will result in greenhouse gas emissions being regulated under the Clean Air Act.
United Steelworkers Partner in Climate Change Study
17 February 2010 - The United Steelworkers is a key participant in a six-year study of the challenges posed by climate change to Canadian workplaces and possible solutions to these issues.
AK Steel Announces Price Increase for Carbon Steel Products
16 February 2010 - AK Steel announces a $50 per ton increase to spot market base prices, effective immediately with all new orders for its carbon steel products.
Injuries Down in ArcelorMittal Companies
15 February 2010 - In 2009, the total number of injuries with lost work days in ArcelorMittal Ostrava was nine, compared with a previous 21 injuries. The rolling mills of ArcelorMittal Frýdek-Místek reported no injury with lost work days last year.
worldsteel Works with UNEP Toward Low Carbon Society
11 February 2010 - The World Steel Association has joined the United Nations Environmental Program's Life Cycle Initiative as a Gold Sponsor. worldsteel will provide support for programs and initiatives that advance the development and refinement of life cycle analysis.
Danieli Micromill Started Up at CMC Arizona
10 February 2010 - Commercial Metals Co.’s CMC Steel Arizona has started up a new generation of Danieli continuous casting-rolling micromill. MI.DA® completes the range of Danieli minimills.
Posco Green Growth Committee Declares Emissions Reduction Goals
09 February 2010 - Posco has decided to cut down on carbon dioxide emissions by 9% based on the average of the three most recent years by 2020, as well as to reduce 14 million tonnes of social carbon emissions through manufacturing of energy-efficient steel products and green growth businesses.
Evraz Inc. NA CEO to Retire
08 February 2010 - Evraz Inc. NA announces that Chief Executive Officer Jim Declusin will retire from the company.
ArcelorMittal Dofasco Inducted into Canadian Manufacturing Hall of Fame
08 February 2010 - ArcelorMittal Dofasco has been named to the Canadian Manufacturing Hall of Fame for its long-term commitment to the Hamilton community.
U.S. Steel Announces Executive Appointments in Europe, North America
05 February 2010 - United States Steel announced several new appointments, including a new Vice President–Commercial, Europe, and two advancements in the company's North American sales and marketing organizations.
Steel Dynamics Reports 4th Quarter, 2009 Results
04 February 2010 - Steel Dynamics reported net income of $26.7 million on net sales of $1.2 billion for the fourth quarter and a net loss of $8.2 million on net sales of $4.0 billion for the fiscal year ended December 31, 2009.
Steel Dynamics Reports 4th Quarter, 2009 Results
04 February 2010 - Steel Dynamics reported net income of $26.7 million on net sales of $1.2 billion for the fourth quarter and a net loss of $8.2 million on net sales of $4.0 billion for the fiscal year ended December 31, 2009.
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