Steel News

Universal Stainless to Continue Operations at Bridgeville Facility

16 September 2008 - Universal Stainless & Alloy Products agrees with Local 9531 of the United Steelworkers to continue operations at the company's Bridgeville facility while the parties continue negotiations for a new labor agreement.

Nucor Increases Third Quarter Earnings Guidance

16 September 2008 - Nucor increases its third-quarter earnings guidance based on improved performance, strong contributions from acquisitions, and a lower-than-expected LIFO charge prompted by lower scrap prices.

BlueScope Steel Calls for Global Response on Carbon

15 September 2008 - BlueScope Steel calls on Australia’s Federal Government to ensure that its Carbon Pollution Reduction Scheme maintains the continued viability of Australia's iron and steel industry against international competitors.

Timken Product Wins Innovation Award from Brammer

12 September 2008 - European distributor Brammer awards Timken the Innovation of the Year Award for its StatusCheck wireless condition monitoring system.

Cleveland-Cliffs to Make Offer for Outstanding Shares in Portman

11 September 2008 - Cleveland-Cliffs announces its intention to make an off-market takeover offer for all remaining shares in Portman Limited as a last and final cash offer with a price of A$21.50 per Portman Share.

CMC Implements QMOS on South Carolina Rolling Mill

11 September 2008 - CMC-South Carolina becomes the third Commercial Metals rolling mill to implement Quad InfoTech’s QMOS mill operation system.

U. S. Steel Employees Ratify New Collective Bargaining Agreements

11 September 2008 - United Steelworkers-represented employees ratify two new four-year collective bargaining agreements with United States Steel and its U. S. Steel Tubular Products subsidiary.

Praxair to Supply Industrial Gases for ThyssenKrupp Steel’s New Alabama Plants

10 September 2008 - Praxair will supply oxygen, nitrogen and argon to ThyssenKrupp’s new state-of-the-art carbon and stainless steel processing facilities that are currently under construction in Mobile, Ala.

Steelworkers Ratify New 4-Year Contract with U.S. Steel

10 September 2008 - Union members ratify a new 4-year labor agreement between the United Steelworkers and U.S. Steel in a mail-in secret ballot vote that concluded Tuesday at union headquarters.

Nucor Announces New Addition to Board of Directors

05 September 2008 - Nucor announces the election of Christopher J. Kearney, Chairman, President and CEO of SPX Corp., to its board of directors effective October 1, 2008.

AK Steel Announces October 2008 Surcharges for Electrical Steels

04 September 2008 - AK Steel will add a $940 per ton surcharge to invoices for electrical steel products shipped in October 2008.

Severstal Confirms Fatality at Sparrows Point

04 September 2008 - Severstal confirms that an industrial incident on Wednesday at its Sparrows Point facility resulted in one fatality.

Steelworkers Reach Tentative Agreement with Cleveland Cliffs

03 September 2008 - United Steelworkers (USW) has reached a new tentative four-year agreement with Cleveland Cliffs covering employees at the company’s Hibbing Taconite, United Taconite, Empire, and Tilden facilities.

Timken to Provide Repair Services for Sparrows Point

03 September 2008 - Timken will provide industrial services to OAO Severstal’s Sparrows Point facility, including the performance of bearing, chock, and roll repairs as well as other lifecycle services.

Universal Stainless Reports Bridgeville Contract Continuance

03 September 2008 - Universal Stainless & Alloy Products and Local 9531 of the United Steelworkers agree to a two-week continuance of the collective bargaining agreement covering hourly employees at the company's Bridgeville facility.

Samuel Manu-Tech Completes Sale of Nanticoke Pickling Assets

02 September 2008 - Samuel Manu-Tech completes the sale of its Nanticoke, Ont., steel pickling operations to U.S. Steel Canada for $37.5 million.

CMC Completes Acquisition of Reinforcing Post-Tensioning Services

02 September 2008 - Commercial Metals completes its acquisition of Claremont, Calif., based Reinforcing Post-Tensioning Services, Inc., Regional Steel Corp., and RPS Cable Corp.

Cliffs, USW Reach Tentative Agreement for Michigan, Minnesota Mining Operations

02 September 2008 - Cleveland-Cliffs reaches tentative agreement with the United Steelworkers on a new four-year labor contract at its Empire and Tilden Mines in Michigan, and its United Taconite and Hibbing mines in Minnesota.

U. S. Steel Canada Acquires Pickle Line Assets in Nanticoke

02 September 2008 - U. S. Steel Canada completes its acquisition of three pickle lines adjacent to its Lake Erie Works from Nelson Steel, a division of Samuel Manu-Tech Inc.

Steelworkers Reach Tentative Agreement with ArcelorMittal

02 September 2008 - The United Steelworkers union reaches tentative agreement on a new, four-year contract with ArcelorMittal USA.