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Latest News
Falling Orders Prompt Salaried Workforce Layoffs at AK Steel
09 January 2009 - AK Steel will implement a salaried workforce layoff plan that it said will likely affect salaried employees in all of the company’s plants and offices.
Russula to Provide Water Treatment Plant for Ahmsa Steckel Mill, Reheat Furnace
07 January 2009 - Russula will supply a complete new water treatment plant for Altos Hornos de Mexico’s Project Fenix Steckel Mill and reheat furnace.
AK Steel Announces February 2009 Surcharges
06 January 2009 - AK Steel will add a $165 per ton surcharge to invoices for electrical steel products shipped in February 2009.
U. S. Steel Tubular to Exit DOM Tubular Products Business
06 January 2009 - United States Steel subsidiary U. S. Steel Tubular Products announces plans to close the drawn-over-mandrel lines at its Texas Operations Division and exit the DOM tubular products business.
Ruukki Service Center Fire Not Expected to Result in Delivery Delays
06 January 2009 - Rautaruukki does not expect the recent fire at its Hyvinkää, Finland, steel service centre to cause any significant disruptions to deliveries.
Ruukki Service Center Fire Not Expected to Result in Delivery Delays
06 January 2009 - Rautaruukki does not expect the recent fire at its Hyvinkää, Finland, steel service centre to cause any significant disruptions to deliveries.
LJ Reports Results for Fiscal Year 2008
02 January 2009 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, posted a net loss of $3.208 million for the fourth quarter, and net income of $6.332 million for the fiscal year ended September 30, 2008.
Ohio EPA, Tube City Settle Air Violations
31 December 2008 - The Ohio EPA reports Tube City IMS will pay $71,500 to settle violations of Ohio's air pollution laws related to slag handling and processing operations supporting AK Steel's Middletown Works.
Northwest Pipe to Supply Pipe for Tecate Hydroelectric Project
24 December 2008 - Northwest Pipe will supply approximately 15,000 feet of 54-inch steel pipe for the Tecate Hydroelectric Project, an engineered and custom-fabricated piping system located in the Rancho Tecate area.
Russel Metals Announces New Leadership
23 December 2008 - Russel Metals’ newly announced President and CEO will succeed Edward M. (Bud) Siegel, who has led Russel Metals since 1997.
Worthington Sells Share of Aegis Metal Framing Joint Venture
22 December 2008 - ABSTRACT: Worthington Industries subsidiary Dietrich Metal Framing signs agreement to sell its share of Aegis Metal Framing to its partner, MiTek Industries, for approximately $25 million.
Siemag to Supply Automatic Coil Transport System for Severstal NA
22 December 2008 - ABSTRACT: Siemag will supply an automatic coil transport system to Severstal North America for handling steel coils between a new galvanizing plant and a pallet conveyor system.
Worthington Reports 2nd Quarter Results
19 December 2008 - ABSTRACT: Worthington Industries reports a net loss of $159.5 million on net sales of $745.4 million for the second quarter, and a net loss of $90.8 million on net sales of $1658.6 million for the six-month period ended November 30, 2008.
Schnitzer Steel Updates 1st Quarter Expectations
18 December 2008 - ABSTRACT: Schnitzer Steel updates its expectations for fiscal first quarter financial and operating results based on market weakening across all of its product lines, lower sales volumes, and reduced sales prices.
Danieli to Upgrade Two Rebar Mills for Gerdau Ameristeel
15 December 2008 - ABSTRACT: Danieli will upgrade Gerdau Ameristeel’s Sayerville rebar mill with a new roughing mill, and the company’s St. Paul rebar mill with a new finishing end.
Steel Dynamics Provides 4th Quarter, Full-Year Outlook
15 December 2008 - ABSTRACT: Despite an expected fourth-quarter loss of $0.35 to $0.40 per diluted share, Steel Dynamics says it expects to report full-year 2008 earnings in the range of $2.35 to $2.40 per diluted share, reflecting record annual revenues, operating income, and cash flow from operations.
U. S. Steel Names New General Manager-Sales
10 December 2008 - ABSTRACT: United States Steel announced the appointment of newGeneral Manager - Sales to replace Don L. Cook Jr., who will retire after 43 years of service with the company.
U. S. Steel Announces Top-Level Changes at Fairfield Works
10 December 2008 - ABSTRACT: United States Steel announces new General Manager of Fairfield Works to replace Merle Stein, who will retire after 38 years of service with the company.
Nucor Posts 4th Quarter Earnings Guidance
10 December 2008 - Nucor says that it expects to be profitable in the fourth quarter ending December 31, 2008, although it will be only marginally above the breakeven level.
Westmet to Represent Republic Cold Finished Bar Division
09 December 2008 - Republic Engineered Products announces that Westmet International will now represent Republic’s Cold-Finished Bar Products Division in the western U.S. and western Canada.
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