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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
ArcelorMittal Offers Funding for Great Lakes Projects
21 September 2009 - Sustain Our Great Lakes is coordinated by the National Fish and Wildlife Foundation and currently funded by ArcelorMittal, the U.S. EPA, U.S. Fish and Wildlife Service, and U.S. Forest Service. Grant money available in 2010 could total more than $8 million (US).
ArcelorMittal Dofasco to Invest $16 million to Improve Air Quality at Hamilton
18 September 2009 - ArcelorMittal Dofasco announces plans to invest more than $16 million over the next three to five years to improve air quality in Hamilton as part of the company’s Blue Skies program.
Nucor Updates Third Quarter Guidance
16 September 2009 - Nucor updates its guidance for the third quarter, saying that it now expects results in the range of a loss of $0.15 to $0.20 per diluted share.
Cliffs Increases Production and Sales Volume Expectations for NA Business Unit
14 September 2009 - Cliffs Natural Resources Inc. announced increased production and sales volume expectations in its North American Iron Ore and North American Coal business segments.
Timken Prices Public Offering of Senior Unsecured Notes
14 September 2009 - Timken has priced a public offering of $250 million of 6.00% Senior Unsecured Notes due 2014 in an underwritten public offering, which is expected to close on September 14.
Steel Dynamics Updates 3rd Quarter Earnings Guidance
11 September 2009 - Steel Dynamics updates its third quarter 2009 earnings outlook, saying it now anticipates earnings to be within a range of $0.20 to $0.25 per diluted share.
Latrobe Specialty Steel Reintroduces LS-A286 to Expanded Markets
10 September 2009 - In addition to applications in the energy and aerospace fastener markets, Latrobe Specialty Steel anticipates expanding interest from the gas turbine and supercharger supply chains. It also foresees LS-A286 in high-strength nonmagnetic and cryogenic applications.
AK Steel Announces October 2009 Surcharges
08 September 2009 - AK Steel will add a $185 per ton surcharge to invoices for electrical steel products shipped in October 2009.
Janice K. Henry Joins Board at Cliffs Natural Resources
04 September 2009 - Cliffs Natural Resources Inc. announces that Janice K. Henry, former Senior Vice President and Chief Financial Officer of Martin Marietta Materials, Inc., was elected to Cliffs’ Board of Directors.
New Coke and Energy Supply Agreement for AK Steel
04 September 2009 - SunCoke Energy will provide AK Steel with metallurgical-grade coke from its Haverhill facility in southern Ohio. AK Steel also secures a financial interest in the electricity co-generated from the heat recovery coke battery.
Timken Collaborates with Daido to Expand in Asia
03 September 2009 - The Timken Co. is now able to more readily offer its high-performance, premium engineered steel solutions to customers in Asia thanks to an initial five-year agreement with Daido Steel Co. Ltd.
United Taconite to Increase Production, Return to 40-Hour Workweek
03 September 2009 - United Taconite LLC will increase production for the remainder of 2009, which allows its 400-plus hourly workers to move toward a 40-hour workweek. The company has been operating under a 32-hour workweek since November 2008.
ArcelorMittal Piracicaba Develops Sustainable Brick in Brazil
02 September 2009 - ArcelorMittal Piracicaba, in partnership with the University of the State of São Paulo - São Carlos unit, develops a new technology to produce more environmentally friendly construction bricks.
AK Steel to Increase Carbon Steel Prices
02 September 2009 - AK Steel says it will increase spot market prices for carbon steel products by $40 to $60 per ton.
NLMK Completes Water-Supply System Upgrades
01 September 2009 - A large-scale refurbishment of the process water supply system and the introduction of a new circuit have enabled Novolipetsk Steel to discontinue the discharge of industrial effluents into the Voronezh River, while decreasing consumption of river water by three times.
Gerdau Ameristeel Reaches Idling Agreement with USW
31 August 2009 - Gerdau Ameristeel has reached agreement with the United Steel Workers regarding the suspension of production at its Sand Springs, Okla., steel mill. Production will wind down over the next several weeks.
Severstal Dearborn Receives Award for Construction of C Blast Furnace
24 August 2009 - Severstal Dearborn and its team of contractors receive the Engineering Society of Detroit’s annual Construction and Design Award for the construction of its C Blast Furnace.
ThyssenKrupp Steel Publishes Second Sustainability Report
21 August 2009 - ThyssenKrupp Steel’s recently published its second Sustainability Report is available for viewing on the company’s website.
Serviacero Worthington Opens New Facility in Northern Mexico
20 August 2009 - Worthington Industries joint venture, Serviacero Worthington, completes phase one of its greenfield steel processing facility, located in Mexico’s Monterrey region.
Nucor Berkeley to Challenge Resurrected Class Action Lawsuit
19 August 2009 - Nucor Berkeley is facing the reversal of a class action discrimination lawsuit involving seven former employees that had been denied for class certification in 2007.
