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Latest News

AK’s Ashland Coke Plant Wins Industry Safety Award

04 February 2008 - Employees at AK Steel’s Ashland, Ky., coke plant earn the American Coke and Coal Chemicals Institute’s Max Eward Safety Award, in recognition of having the best safety record during 2007 for an ACCCI-member coke plant.

U. S. Steel Plans $300 Million Capacity Expansion at Keetac

04 February 2008 - United States Steel is developing a capital investment program in excess of $300 million to expand capacity at its Minnesota Ore Operations' Keetac facility by some 3.6 million additional tons per year.

Timken Reports 2007 Results

01 February 2008 - Timken reports net income of 48.3 million on net sales of $1.3 billion for the fourth quarter, and net income of $220 million on net sales of $5.2 billion for all of 2007.

IISI Study Reveals Growing Trend for Steel Recycling

31 January 2008 - Data gathered by the International Iron and Steel Institute shows that the steel can remains the world’s most recycled packaging material.

Carpenter Technology Reports Record 2nd Quarter Results

30 January 2008 - Carpenter Technology reports net income from continuing operations of $57.7 million on net sales of $446.4 million for the fiscal second quarter, and net income from continuing operations of $113.8 million on net sales of $897.7 million in the first six months of the fiscal year. These results exclude the effects of the company’s soon-to-be-sold ceramics businesses.

U. S. Steel Reports Year-End 2007 Results

30 January 2008 - United States Steel reports net income of $35 million on net sales of $4535 million for the fourth quarter, and net income of $879 million on net sales of $16,873 million for all of 2007.

Steel Dynamics Reports Strong Results for 2007

29 January 2008 - Steel Dynamics announces net income of $98 million on net sales of $1.5 billion for the fourth quarter, and net income of $395 million on record net sales of $4.4 billion for the full year of 2007.

Gerdau Ameristeel to Expand Rolling Capacity at Jacksonville Mill

25 January 2008 - Gerdau Ameristeel has begun the planning process for a capital project to expand rolling mill capacity at its Jacksonville Steel Mill.

Universal Stainless Reports 2007 Results

25 January 2008 - Universal Stainless & Alloy Products, Inc. reported net income of $4.4 million on sales of $49.6 million for the fourth quarter, and record net income of $22.5 million on record sales of $229.9 million for the full year 2007.

Nucor Reports Results for 2007

25 January 2008 - Nucor Corp. announced consolidated net earnings of $364.8 million on record consolidated net sales of $4.40 billion for the fourth quarter, and consolidated net earnings of $1.47 billion on record consolidated net sales of $16.59 billion for the full year of 2007.

Allegheny Technologies Reports 4th Quarter Results

24 January 2008 - Allegheny Technologies reports net income of $148.9 million on sales of $1.27 billion for the fourth quarter, and net income of $747.1 million on sales of $5.45 billion for the full year 2007.

Nucor Endows Steel Professorship at South Dakota School of Mines

24 January 2008 - Nucor will donate $1 million to endow a professorship in metallurgical and steelmaking technologies at the South Dakota School of Mines and Technology.

AK Steel to Make Early Pension Trust Fund Contribution

23 January 2008 - AK Steel will make an early $75-million contribution to its pension trust fund in the first quarter, which is expected to satisfy approximately one-half of the company's total pension-funding obligations for 2008.

U. S. Steel and JFE Steel to Exchange Technical Expertise

23 January 2008 - United States Steel and JFE Steel enter into a technical exchange agreement to share expertise in steelmaking practices, benchmarking, and other areas of mutual interest.

Latrobe Specialty Steel to Expand Vacuum Remelting Facility

23 January 2008 - Latrobe Specialty Steel will triple its vacuum melting capacity with a major expansion at its Latrobe remelt facility.

AK Steel Reports Record Full Year 2007 Results

23 January 2008 - AK Steel reported net income of $106.7 million on net sales of $1,691.9 million for the fourth quarter of 2007, and net income of $387.7 million on record net sales of $7,003.0 million for the full year.

AK Steel Adds Former Toyota Executive to Board

22 January 2008 - AK Steel announces the election of Dennis C. Cuneo, formerly Senior Vice President for Toyota Motor North America, to its Board of Directors.

Esmark Names President of Wheeling Corrugating

22 January 2008 - Esmark announced the appointment of steel industry veteran Joel Mazur as President of its Wheeling Corrugating division.

Nippon Steel Names New President

18 January 2008 - Nippon Steel announces that Vice President Shoji Muneoka, 61, will become President of the corporation on April 1.

AK Steel to Increase Carbon Steel Prices

17 January 2008 - AK Steel will increase spot market prices for all new carbon steel product orders accepted for shipment on March 1, 2008 and later.

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