Steel News

Ipsco Reports Strong 3rd Quarter Results

26 October 2005 - Ipsco Inc. announced net income of $134 million on sales of $705 million for the third quarter of 2005.

AK Steel Reports 3rd Quarter Results

26 October 2005 - AK Steel reported a net loss of $29.0 million on net sales of $1,393.3 million for the third quarter of 2005.

United States Steel Reports 3rd Quarter Results

26 October 2005 - United States Steel Corp. reported net income of $107 million on net sales of $3,200 million for the third quarter of 2005.

Universal Stainless Reaches Labor Agreement with Titusville Employees

25 October 2005 - Universal Stainless & Alloy Products, Inc. has reached a new five-year collective bargaining agreement with the employees at its Titusville, Pa., facility.

NS Group Reports 3rd Quarter Results

25 October 2005 - NS Group, Inc. announced net income of $30.8 million on net sales of $139.9 million for the third quarter, and net income of $87.3 million on net sales of $446.7 million for the nine months ended September 30, 2005.

Carpenter Reports Record 1st Quarter Results

25 October 2005 - Carpenter Technology Corp. reported record net income of $40.1 million on record sales of $346.0 million for the first fiscal quarter of 2006 ended September 30, 2005. Carpenter says the results reflected robust conditions in the aerospace market, increased sales of higher value materials, and the benefits from the company's continued focus on lean and variation reduction.

Don Daily Elected 2006-2007 Chairman of SMA

24 October 2005 - The Steel Manufacturers Association (SMA) Board of Directors announced the election of Don Daily as Chairman of the SMA for 2006 and 2007. He will succeed Keith Busse, who concludes his two-year term in February 2006.

AK Steel Enters Pellet Supply Agreement with QCM

24 October 2005 - AK Steel has entered into a long-term supply agreement with Quebec Cartier Mining Co. (QCM) for the purchase of iron ore pellets.

Cliffs Recognizes Top Suppliers

21 October 2005 - Cleveland-Cliffs Inc. recently announced the companies selected for its Supplier Excellence Award. The nine companies selected are participants in Cliffs' Alliance Suppliers Program. Top suppliers were honored for their high-quality products, excellent service, competitive pricing and ongoing commitment to provide value to Cliffs-managed mines.

AK Steel Announces Chairman of the Board

21 October 2005 - AK Steel announced that James L. Wainscott, 48, President and CEO, has been elected Chairman of the Board of Directors of AK Steel, effective January 1, 2006.

AK Steel Dedicates Degasser and Caster at Ashland Works

21 October 2005 - AK Steel recently held a dedication ceremony for its new vacuum degassing unit and converted caster at the company's Ashland, Ky., facility.

Nucor Reports 3rd Quarter Results

21 October 2005 - Nucor Corp. announced consolidated net earnings of $291.9 million on consolidated net sales of $3.03 billion for the third quarter, and record consolidated net earnings of $969.3 million on consolidated net sales of $9.49 billion for the first nine months of 2005.

Steel Dynamics Reports Third Quarter Income

20 October 2005 - Steel Dynamics, Inc. announced earnings of $45 million on net sales of $499 million for the third quarter of 2005.

Carpenter Powder Products to Add Energy Surcharge

19 October 2005 - Carpenter Technology Corp.’s subsidiary Carpenter Powder Products Inc. (CPP) announced that it will add an energy component to its surcharge calculation for all tool and high-speed steel products.

EPA to Overview Study of Former Armco Hamilton Site

19 October 2005 - U.S. Environmental Protection Agency Region 5 will hold a public meeting to discuss the pollution study of the Armco Hamilton Superfund site in New Miami, Ohio.

California Steel Reports 3rd Quarter Results

19 October 2005 - California Steel Industries, Inc. reported a net loss of $1.1 million on net sales of $287.7 million for the quarter ended September 30, 2005.

Steel Dynamics to Acquire Roanoke Electric Steel

19 October 2005 - Steel Dynamics, Inc. and Roanoke Electric Steel Corp. have announced their agreement to a merger in which SDI will acquire Roanoke.

AK Steel Announces November Surcharges

18 October 2005 - AK Steel will add a $193 per ton surcharge to invoices for flat-rolled carbon steel products shipped in November 2005. The company will also add a $220 per ton surcharge to invoices for electrical steel products shipped in the same period

Atlas Tube to Build Tube Manufacturing Facility in Blytheville

18 October 2005 - Hollow structural sections manufacturer Atlas Tube Inc. has announced plans to build a manufacturing facility in Blytheville.

Moré to Provide Lime System for North Star BlueScope Steel

17 October 2005 - North Star BlueScope Steel, Delta, Ohio, has awarded Moré srl, Gemona del Friuli, Italy, an order to supply a complete pneumatic lime transportation/injection system for the plant’s 195-ton twin-shell twin-shaft EAF.