Steel News

United States Steel Announces Pricing of Senior Notes Offering

13 March 2012 - United States Steel Corp. announced the pricing of its public offering of $400,000,000 aggregate principal amount of 7.500% Senior Notes due 2022 at 100% of the principal amount.

Government of Canada Supports Ivaco Rolling Mills Upgrade

13 March 2012 - Government of Canada funding will help support the expansion of Ivaco Rolling Mills that will allow the company to increase its production of steel billets by 225,000 tons annually and to produce different grades and higher quality steel billets.

UAW Members Ratify Early Labor Agreement for Zanesville Works

13 March 2012 - AK Steel announced that members of the United Auto Workers (UAW), Local 4104, have ratified a new three-year labor agreement at the company's Zanesville, Ohio, Works.

Winning Designs Selected for Steel Wheel Design Competition

12 March 2012 - The Wheels Task Force of the Steel Market Development Institute and Michelin recently announced the scholarship winners of Lawrence Technological University’s Steel Wheel Design Competition. For the second year in a row, Colin Bonathan won first place and was awarded a $2500 scholarship.

Berry Metal Announces New Product and Engineering Managers

11 March 2012 - Berry Metal Co. has recently hired Dale Straughen as its product manager-BOF/EAF steelmaking and Mike Bahorich as engineering manager.

Allegheny Technologies Announces Retirement of Engineered Products Segment VP

09 March 2012 - Allegheny Technologies Incorporated announced the retirement of David M. Hogan, Executive Vice President, Engineered Products Segment, effective April 1, 2012.

Ellwood Quality Steels Settles Hazardous Waste Violations at New Castle Facility

09 March 2012 - Ellwood Quality Steels has agreed to pay a $150,000 penalty to settle alleged violations of hazardous waste regulations at its manufacturing facility in New Castle, Pa.

OSHA Cites JSW’s Baytown Plant for Safety and Health Hazards

08 March 2012 - The U.S. Department of Labor’s Occupational Safety and Health Administration has cited JSW Steel (USA) Inc. with 11 repeat, 23 serious, and two other-than-serious violations for exposing employees to safety and health hazards at the company’s facility in Baytown. Proposed penalties total $469,420.

Premier Alliance to Implement Automated Demand Response at California Steel

08 March 2012 - Premier Alliance Group’s recently acquired Energy Division, Greenhouse Holdings, has been contracted to implement Southern California Edison’s Automated Demand Response (Auto-DR) program for California Steel Industries at its 450-acre Fontana, Calif., facility.

YTD Finished Steel Imports up 29% through February

08 March 2012 - Total steel import permit applications reached 2,549,000 net tons for February 2012, a 10% decrease from 2,826,000 permit tons recorded in January according to the most recent report from AISI. Through the first two months of 2012, finished steel imports were 4.1 million net tons, up 29% vs. the same period last year.

USITC to Expedite Sunset Review of Foundry Coke from China

07 March 2012 - The U.S. International Trade Commission has voted to expedite its five-year (sunset) review concerning the antidumping duty order on foundry coke from China.

USITC to Expedite Sunset Reviews on Stainless Bar from Four Countries

06 March 2012 - The U.S. International Trade Commission has voted to expedite its five-year (sunset) reviews concerning antidumping duty orders on stainless steel bar from Brazil, India, Japan, and Spain.

RG Steel Sparrows Point to Restart Galvanizing Line

06 March 2012 - RG Steel announced plans to restart the No. 2 Galvanizing Line at RG Steel Sparrows Point in early April.

ThyssenKrupp Steel USA Reaches out to Community Stakeholders

05 March 2012 - ThyssenKrupp Steel USA recently issued a communication to community stakeholders regarding an expected fine and other requirements through a consent order to be officially signed this month by the Alabama facility’s Team and the Alabama Department of Environmental Management (ADEM).

Merger to Create Major North American Metals Distributor

02 March 2012 - Namasco and Macsteel will start to operate under a new brand, Kloeckner Metals, beginning on March 1, 2012. The merger between the two industry leaders is to be finalized later this year.

Carpenter Completes Latrobe Acquisition

01 March 2012 - Carpenter Technology has completed its acquisition of Latrobe Specialty Metals following approval by the U.S. Federal Trade Commission. As part of the FTC approval, Carpenter entered into a consent decree to transfer specified assets and technical knowledge to Eramet S.A. and its subsidiaries, Aubert & Duval and Brown Europe.

Timken to Build New Office Complex in Stark County

29 February 2012 - Timken announces plans to invest $42 million in Stark County, Ohio, to build a new two-story office complex connected to its existing facility near the Akron-Canton airport.

Lakeside Announces Fiscal 2012 Third Quarter Results

28 February 2012 - Lakeside Steel Inc. recorded a net loss of $9,160,125 on revenue of $58,085,702 for the third quarter ended December 31, 2011 (Q3-2012), and a net loss of $17,854,604 on revenue of revenue of $158,884,734 for the first nine months of 2011.

Ryerson Expands Into South America

27 February 2012 - Ryerson has expanded into South America for the first time with the acquisition of a 50% stake in Acofran Acos e Metais LTDA, a steel service center based in Sao Paulo, Brazil. The company's product line comprises primarily long products, specifically flat and round bar.

Carpenter Enters into Agreements on Former Dana Property

27 February 2012 - Carpenter Technology has entered into contractual agreements that will enable it to purchase approximately 50 acres of land, including four buildings, on the former site of Dana Corporation’s Reading operations.