Steel News

EPA Plans Public Hearing on Gary Works Draft Permit

02 November 2007 - U.S. Environmental Protection Agency Region 5 will hold a public hearing on its objections to Indiana's draft wastewater discharge permit for U.S. Steel's Gary Works.

Expired Contract Doesn’t Stop Universal Stainless Dunkirk Workers

02 November 2007 - While negotiations for a new labor contract are underway, hourly employees at Universal Stainless & Alloy Products’ Dunkirk Specialty Steel subsidiary will continue to work under terms of the previous collective bargaining agreement, which expired at midnight on October 31, 2007.

Russel Metals Reports 3rd Quarter Earnings

01 November 2007 - Russel Metals reports net earnings of $28 million on revenues of $624 million for the third quarter of 2007.

Carpenter Technology Reports Record 1st Quarter Results

01 November 2007 - Carpenter Technology reports net income of $57.7 million on record net sales of $475 million for its fiscal first quarter.

Steel Technologies to Expand New Operation in Juarez, Mexico

01 November 2007 - With startup of its new facility in Juarez, Mexico, Steel Technologies announces plans to further expand its operations with rail service and a new multi-blanking line.

U.S. Steel Completes Stelco Acquisition, Announces Management Team

01 November 2007 - United States Steel completes its acquisition of Stelco, and names the management team for the newly acquired facilities, which have been renamed as U. S. Steel Canada.

Metals USA Reports 3rd Quarter Results

31 October 2007 - Metals USA announces net income of $7.7 million on sales revenues of $469.6 million for the quarter ended September 30, 2007.

CMC Reports Second-Best Quarterly Results

31 October 2007 - Commercial Metals reports net earnings of $104.7 million on net sales of $2.3 billion for the fourth quarter, and net earnings of $355.4 million on net sales of $8.3 billion for the year ended August 31, 2007.

U.S. Steel Reports 3rd Quarter Results

31 October 2007 - United States Steel reports net income of $269 million on net sales of $4.35 billion for the third quarter, and net income of $844 million on net sales of $12.34 billion for the first nine months of 2007.

Schnitzer Steel Reports 4th Quarter, Year-End Results

30 October 2007 - Schnitzer Steel Industries reports net income of $38 million on consolidated revenues of $749 million for the fiscal fourth quarter, and net income of $131 million on consolidated revenues of $2.6 billion for the year ended August 31, 2007.

CCR Technologies to Streamline Ladle Movement at Nucor’s Auburn Meltshop

30 October 2007 - Nucor Steel recently awarded a contract to CCR Technologies to design and supply a Ladle Turret System for the continuous casting machine at Nucor’s Auburn, N.Y., meltshop.

Republic Seeks OHSAS 18001:2007 Certification

30 October 2007 - Republic Engineered Products will seek certification to the Occupational Health and Safety Assessment Series Standard OHSAS 18001:2007 as part of the cooperative efforts with its union to promote ‘Health, Safety and the Environment’.

Tenova Goodfellow to Install EFSOP Technology on Wheeling Pittsburgh EAF

30 October 2007 - Tenova Goodfellow will install Goodfellow EFSOP process control technology on Wheeling-Pittsburgh’s 270-ton Consteel EAF installation at the company’s Steubenville/Mingo Junction Plant.

Canadian Ministry Clears U.S. Steel’s Acquisition of Stelco

30 October 2007 - United States Steel receives approval of its acquisition of Stelco from the Canadian Minister of Industry under the Investment Canada Act.

Wheeling-Pittsburgh Sets Special Meeting of Stockholders

29 October 2007 - Wheeling-Pittsburgh schedules the special meeting of its stockholders to consider and vote on the proposed business combination with Esmark.

Steel Dynamics Completes OmniSource Acquisition

29 October 2007 - Steel Dynamics completes its acquisition of OmniSource for approximately $1.1 billion, including $425 million in cash, 9.7 million shares of SDI common stock, and the assumption of approximately $220 million of debt, which was repaid on closing.