Steel News

Russel Metals Completes Acquisition of JMS Metal Services

01 October 2007 - Russel Metals completes its acquisition of JMS Metals Services and related companies.

U. S. Steel Names General Manager—Commercial, Tubular Products

01 October 2007 - United States Steel appoints George H. Thompson Jr. as General Manager—Commercial in the company’s tubular products organization.

U. S. Steel Names General Manager—Service Centers

01 October 2007 - United States Steel promotes Michael N. Meyers to the position of General Manager—Service Centers, Electrical, Agricultural & Industrial Equipment in the company's flat-roll products commercial organization.

USW Members to Vote on Tentative Contracts at Gerdau’s Sand Springs and Calvert City Plants

01 October 2007 - Members of the United Steelworkers reach tentative agreements at Gerdau Ameristeel plants in Sand Springs, Okla., and Calvert City, Ky., with ratification votes scheduled for Friday and this Tuesday.

Mercury Switch Recovery Program Celebrates One-Year Anniversary

28 September 2007 - The National Vehicle Mercury Switch Recovery Program celebrates its one-year anniversary this month with the release of the Program’s 2006-2007 Annual Report.

Dietrich Metal Framing Products Featured on Extreme Makeover Season Premiere

28 September 2007 - The season premiere of the TV show Extreme Makeover: Home Edition will feature metal wall and floor framing materials from Dietrich Metal Framing for a project in Kalihi, Hawaii, that will be the show’s largest build to date.

Steelworkers Ratify New Contract with Republic

28 September 2007 - Members of the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers Union ratify a new five-year labor contract with Republic Engineered Products, Inc.

Stelco Reports Interest Rate for Floating Rate Notes

28 September 2007 - The rate of interest per annum for Stelco's floating rate notes due 2016 will be 10.64% for the period from September 30, 2007 to March 30, 2008.

Dietrich Metal Framing Announces New President

27 September 2007 - Dietrich Metal Framing names John Roberts as its new President; John had served as the company’s Vice President of Sales and Marketing since June.

CN to Acquire Key Railway Operations from U. S. Steel

27 September 2007 - Canadian National Railway enters agreement to acquire the major portion of the Elgin, Joliet and Eastern Railway from United States Steel for US$300 million.

Worthington Reports 1st Quarter Results

26 September 2007 - Worthington Industries reported net earnings of $20.2 million on net sales of $759.0 million for the three months ended August 31, 2007.

U. S. Steel Announces Authorized Pipe Distributors

26 September 2007 - United States Steel announces its new distribution network for domestic Standard and Line Pipe sales following its acquisition of Lone Star Technologies and related companies earlier this year.

Dietrich to Consolidate Five Metal Framing Facilities

26 September 2007 - Worthington Industries announces plans to implement a consolidation plan at five of its Dietrich Metal Framing locations.

Steel Import Slide Fails to Suppress Year-to-Date Totals

26 September 2007 - The U.S. imported a total of 2,558,000 net tons of steel in August 2007, reflecting reflects a 22% decrease compared to July final data.

Northwest Pipe Announces $10-Million Order

25 September 2007 - Northwest Pipe will supply approximately 33,000 feet of steel pipe for a new pipeline for the East Bay Municipal Utility District near Sacramento, Calif.

Core Furnace Installs Vacuum Degasser System for Ipsco

25 September 2007 - Core Furnace Systems completes start-up of a new 160-ton twin-tank vacuum degasser at Ipsco’s Montpelier facility.

Novamerican Steel Reports 3rd Quarter Results

24 September 2007 - Novamerican Steel reports net income of $7.4 million on sales of $191.5 million for the third quarter, and net income of $22.6 million on sales of $591.1 million for the nine months ended August 25, 2007.

Nucor’s Harris Steel Expands Rebar Fabrication Business

21 September 2007 - Nucor subsidiary Harris Steel builds its rebar fabrication business with the recent acquisition of Consolidated Rebar and South Pacific Steel, as well as a new agreement to combine businesses with Barker Steel.

Steel Dynamics Moves Forward on Minnesota Iron-Making Venture

21 September 2007 - Steel Dynamics moves forward with the Mesabi Nugget iron-making project at Hoyt Lakes, with the State of Minnesota helping to support project financing.

Stelco Announces Details of Proposed Notes Redemption

20 September 2007 - U. S. Steel specifies that Stelco's floating-rate notes due 2016 are to be redeemed on the effective date of the companies’ proposed arrangement under Section 192 of the Canada Business Corporations Act involving Stelco, U.S. Steel and 1344973 Alberta ULC, an indirect wholly owned subsidiary of U.S. Steel.