Steel News

Dynamet Names New President

01 October 2007 - Carpenter Technology subsidiary Dynamet names Andrew McElwee as its President, effective September 10, 2007.

U. S. Steel Names General Manager—Commercial, Tubular Products

01 October 2007 - United States Steel appoints George H. Thompson Jr. as General Manager—Commercial in the company’s tubular products organization.

U. S. Steel Names General Manager—Service Centers

01 October 2007 - United States Steel promotes Michael N. Meyers to the position of General Manager—Service Centers, Electrical, Agricultural & Industrial Equipment in the company's flat-roll products commercial organization.

USW Members to Vote on Tentative Contracts at Gerdau’s Sand Springs and Calvert City Plants

01 October 2007 - Members of the United Steelworkers reach tentative agreements at Gerdau Ameristeel plants in Sand Springs, Okla., and Calvert City, Ky., with ratification votes scheduled for Friday and this Tuesday.

Mercury Switch Recovery Program Celebrates One-Year Anniversary

28 September 2007 - The National Vehicle Mercury Switch Recovery Program celebrates its one-year anniversary this month with the release of the Program’s 2006-2007 Annual Report.

Dietrich Metal Framing Products Featured on Extreme Makeover Season Premiere

28 September 2007 - The season premiere of the TV show Extreme Makeover: Home Edition will feature metal wall and floor framing materials from Dietrich Metal Framing for a project in Kalihi, Hawaii, that will be the show’s largest build to date.

Steelworkers Ratify New Contract with Republic

28 September 2007 - Members of the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers Union ratify a new five-year labor contract with Republic Engineered Products, Inc.

Stelco Reports Interest Rate for Floating Rate Notes

28 September 2007 - The rate of interest per annum for Stelco's floating rate notes due 2016 will be 10.64% for the period from September 30, 2007 to March 30, 2008.

Danieli to Provide Cold Mill Complex for Acciaieria Arvedi

27 September 2007 - Danieli will supply a complete new cold mill complex to Acciaieria Arvedi, including a push-pull pickling line, a coupled continuous pickling line and tandem mill, and two hot dip galvanizing lines.

Dietrich Metal Framing Announces New President

27 September 2007 - Dietrich Metal Framing names John Roberts as its new President; John had served as the company’s Vice President of Sales and Marketing since June.

CN to Acquire Key Railway Operations from U. S. Steel

27 September 2007 - Canadian National Railway enters agreement to acquire the major portion of the Elgin, Joliet and Eastern Railway from United States Steel for US$300 million.

Worthington Reports 1st Quarter Results

26 September 2007 - Worthington Industries reported net earnings of $20.2 million on net sales of $759.0 million for the three months ended August 31, 2007.

U. S. Steel Announces Authorized Pipe Distributors

26 September 2007 - United States Steel announces its new distribution network for domestic Standard and Line Pipe sales following its acquisition of Lone Star Technologies and related companies earlier this year.

Dietrich to Consolidate Five Metal Framing Facilities

26 September 2007 - Worthington Industries announces plans to implement a consolidation plan at five of its Dietrich Metal Framing locations.

Core Furnace Installs Vacuum Degasser System for Ipsco

25 September 2007 - Core Furnace Systems completes start-up of a new 160-ton twin-tank vacuum degasser at Ipsco’s Montpelier facility.

Nucor’s Harris Steel Expands Rebar Fabrication Business

21 September 2007 - Nucor subsidiary Harris Steel builds its rebar fabrication business with the recent acquisition of Consolidated Rebar and South Pacific Steel, as well as a new agreement to combine businesses with Barker Steel.

Steel Dynamics Moves Forward on Minnesota Iron-Making Venture

21 September 2007 - Steel Dynamics moves forward with the Mesabi Nugget iron-making project at Hoyt Lakes, with the State of Minnesota helping to support project financing.

Stelco Announces Details of Proposed Notes Redemption

20 September 2007 - U. S. Steel specifies that Stelco's floating-rate notes due 2016 are to be redeemed on the effective date of the companies’ proposed arrangement under Section 192 of the Canada Business Corporations Act involving Stelco, U.S. Steel and 1344973 Alberta ULC, an indirect wholly owned subsidiary of U.S. Steel.

Commercial Metals Closes Acquisition of Croatian Mill

20 September 2007 - Commercial Metals’ Swiss subsidiary completes its acquisition of the outstanding shares of Valjaonica Cijevi Sisak from the Croatian Privatization Fund and Croatian government.

Commercial Metals Acquires Economy Steel

20 September 2007 - Commercial Metals completes its acquisition of substantially all the operating assets of Economy Steel of Las Vegas.