Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
Stelco Opposes USW International Motion
11 August 2005 - Stelco Inc. filed material with the Superior Court of Justice (Ontario) opposing the USW International's bid to enable any creditor to prepare and file a restructuring plan in the matter of the company's CCAA process. The USW International motion is to be heard by the Court on August 16, 2005.
U. S. Steel Announces Headquarters Appointments
10 August 2005 - United States Steel Corp. announced the appointment of Frederick T. Harnack to the position of General Manager—Research, and John C. Price to the position of General Manager—Business Planning. The appointments, both of which are based in the group’s Pittsburgh headquarters, went into effect August 1.
Wheeling-Pittsburgh Reports 2nd Quarter Results
10 August 2005 - Wheeling-Pittsburgh Corp., the holding company of Wheeling-Pittsburgh Steel Corp., reported net income of $2.6 million on revenues of $415.2 million for the quarter ended June 30, 2005.
Fluor to Provide Maintenance Excellence Program for Stelco
09 August 2005 - Fluor Corp.’s Canadian subsidiary has been awarded a contract from Stelco Inc. to provide asset productivity and maintenance improvement consulting services as part of Stelco’s strategy to strengthen its competitive position.
Ontario Minister of Finance Responds to Stelco Plan Outline
09 August 2005 - Stelco Inc. has received a letter from The Honorable Greg Sorbara, Minister of Finance for the Government of Ontario regarding funding of Stelco’s pension plans, and Stelco's Plan Outline.
Timken Elects Chairman, Steel Group President
08 August 2005 - The Timken Co.’s board of directors has named Ward J. "Tim" Timken Jr. Chairman, effective August 15.
U. S. Steel Announces Additional Management Changes
08 August 2005 - United States Steel Corp. announced the appointment of Sharon K. Kelley to Plant Manager of the Midwest Plant in Portage, Ind.
Danieli to Extend Nucor Jewett Magnetic Stacker
05 August 2005 - Nucor Steel has contracted Danieli to extend the magnetic stacker at its Jewett, Texas, No. 1 bar and light section mill.
U. S. Steel Names Automotive General Manager
05 August 2005 - United States Steel Corp. has advanced Peter J. Alvarado to the position of General Manager—Automotive and Vice President U. S. Steel International with responsibility for the company's technologically advanced Automotive Center in Troy, Mich.
Gerdau AmeriSteel Reports 2nd Quarter Results
05 August 2005 - Gerdau AmeriSteel Corp. reported net income of $74.3 million on net sales of $961.1 million for the quarter and net income of $152.9 million on net sales of $2.0 billion for the six months ended June 30, 2005.
Stelco Reports 2nd Quarter Results
05 August 2005 - Stelco Inc. reported net earnings of $40 million on net sales revenue of $888 million for the quarter and net earnings of $89 million on net sales revenue of $1,856 million for the six months ended June 30, 2005.
AK Steel Enters Scrap Purchase Agreement with Tube City
03 August 2005 - AK Steel has entered into an agency agreement with Tube City, LLC for the purchase of ferrous scrap for all of AK Steel's steelmaking facilities.
Chaparral Steel Announces Management Team, Directors
03 August 2005 - Chaparral Steel Co. announced eleven vice presidents following its spin-off from Texas Industries, Inc.
U. S. Steel Names General Manager of Great Lakes Works
03 August 2005 - United States Steel Corp. announced that Frederick G. Jauss has been named General Manager of Great Lakes Works, effective August 1. In his new position, Jauss replaces Frederick T. Harnack, who has been named General Manager of Research at Pittsburgh headquarters.
Oregon Steel Mills Reports 2nd Quarter Results
02 August 2005 - Oregon Steel Mills, Inc. reported net income of $28.4 million on sales of $335 million for the second quarter of 2005.
YTD Specialty Steel Imports Continue to Climb
02 August 2005 - Total stainless steel imports rose to 286,403 tons through the first five months of 2005 — a 19% increase compared to the same period in 2004 — according to the latest data released by the Specialty Steel Industry of North America (SSINA).
AK Steel Processes First Heat through New Ashland Degasser
01 August 2005 - AK Steel has processed the first heat of molten steel through a new vacuum degasser at its Ashland, Ky., Works.
Siemens VAI to Supply Hot Strip Mill for Mittal Steel
01 August 2005 - Mittal Steel has announced plans to build a new hot strip mill in Cracow, Poland. The new 2.4 million tonnes/year mill, which will be able to roll steel strips up to 2100 mm wide, will be among the largest of its kind in Europe.
Posco Jumps 85 Places in Fortune’s 2005 Global 500
01 August 2005 - Moody's has upgraded Posco from A3 to A2, which is even higher than the national credibility grade for all of Korea (A3). Posco’s new rating is the highest among the credibility grades of all blast furnaces of the world, and is the second highest among all steelworks after Nucor, which is ranked as A1.
ThyssenKrupp Stahl and Dusseldorf Government Conclude Air Pollution Control Agreement
01 August 2005 - ThyssenKrupp Stahl AG and the District Government of Düsseldorf have signed an agreement to reduce particulate air pollution in the north of Duisburg. The agreement was prompted by the District Government’s requirement to draw up an action plan. This links up with the Air Pollution Control Plan of Fall 2004 and is aimed at achieving a fast reduction in particulate air pollution (PM 10).
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