Steel News

Gerdau Ameristeel Supports Local Good Samaritan Project

24 May 2007 - Gerdau Ameristeel and the Ryan Nece Foundation will present the Bay Pines VA Healthcare System with 17 computers and 44 Web cams with headsets for use in connecting patients with family members located around the country.

AIST Announces President, Officers for 2007–2008

24 May 2007 - AIST announced new 2007-2008 officers during its recent annual conference and exposition, AISTech 2007, including the appointment of Charles J. Messina of Praxair Metals Technologies as the association’s new President.

Mittal to Restart Gary Plate Mill

24 May 2007 - Mittal Steel USA announced plans to restart its idled Gary Plate Mill, a move that will support the company’s export market plans in the face of strong global demand for plate products in the construction, machinery, and shipbuilding markets.

MultiServ to Process Slag at Provo, Great Lakes

23 May 2007 - Harsco’s MultiServ mill services division is awarded new contracts at U.S. Steel’s Great Lakes Works, New Zealand Steel, and the former Geneva Steel facility related to the environmentally responsible on-site processing and recycling of steelmaking slag by-products.

Commercial Metals Announces Organizational Realignment

23 May 2007 - Commercial Metals will realign its operational and management structure, with CMC Executive Vice Presidents Russell Rinn and Hanns Zoellner assuming expanded management responsibilities for two newly formed operational units - CMC Americas and CMC International.

Steel Industry Leaders Honored at AISTech 2007

23 May 2007 - The annual “Steelmaker of the Year” Award was given to Lakshmi N. Mittal, Arcelor Mittal Steel’s President of the Board and CEO, during AISTech 2007 — The Iron & Steel Technology Conference and Exposition. A number of other award winners were also announced during the event's President’s Award Breakfast.

Mittal Steel to Upgrade Burns Harbor Continuous Heat Treat Line

22 May 2007 - Arcelor Mittal announced plans to upgrade the Continuous Heat Treating Line at its Burns Harbor facility, helping to further expand the company's supply of cold rolled advanced high strength steel.

Republic Joins Mercury Switch Recovery Program

22 May 2007 - Republic Engineered Products has joined a national coalition of automobile manufacturers, steel industry associations and environmental groups in the effort to implement the voluntary National Vehicle Mercury Switch Recovery Program, which encourages the removal of mercury switches from scrap automobiles before they are crushed or shredded.  

U.S. Steel Announces Redemption of Senior Notes

22 May 2007 - United States Steel has called for full redemption on June 20, 2007, all of its outstanding 9.75% Senior Notes due 2010.

Sunoco Celebrates Start of Construction at Haverhill II Coke Plant

22 May 2007 - Sunoco held a brick-laying ceremony at its second SunCoke Energy Heat Recovery Coke manufacturing plant in Haverhill, Ohio, which will eventually supply coke to both Severstal North America and WCI Steel.

Arcelor Mittal Reports First Quarter 2007 Results

21 May 2007 - Arcelor Mittal reported net income of $2.3 billion on sales income of $24.5 billion for the three months ended March 31, 2007.

SMS Meer to Supply Wire Rod and Bar Mill for Hmisho Trading

18 May 2007 - Hmisho Trading Group, Syria, has placed an order with SMS Meer for the supply of a new combined wire rod and bar mill that will incorporate technology for the endless rolling of bars.

Danieli Corus to Design Greenfield Blast Furnace for AMK

18 May 2007 - Alchevskiy Metallurgicheskiy Kombinat (AMK) has awarded Danieli Corus an order for design and supply of a greenfield blast furnace installation at its facility in southeastern Ukraine.

MacSteel Service Centers USA Opens New Tucson Facility

18 May 2007 - MacSteel Service Centers USA has opened a new $10-million metals processing and distribution service center in the Century Park research Center in Tucson, Ariz.

March Steel Shipments Down 5.1% from Last Year

18 May 2007 - U.S. steel mills shipped 9,331,000 net tons of steel in March 2007, according to the latest report from the American Iron and Steel Institute.

Quanex to Review Strategic Alternatives for Building Products Group

17 May 2007 - Quanex’s Board of Directors has initiated a review of strategic alternatives for its Building Products group, which consists of Engineered Products and Aluminum Sheet Products.

Arcelor Mittal Announces Further Details on Legal Merger Process

17 May 2007 - The Boards of Directors of Mittal Steel and Arcelor announced further details about the process for the legal merger into Arcelor that was agreed in the context of Mittal Steel’s exchange offer completed on August 1, 2006.

U.S. Steel Prices $1.1 Billion Senior Unsecured Notes

17 May 2007 - United States Steel prices $300 million of 5.65% Senior Notes due 2013, $450 million of 6.05% Senior Notes due 2017, and $350 million of 6.65% Senior Notes due 2037.Part of the proceeds of the offering will be used to fund a portion of the company’s recently approved acquisition of Lone Star Steel.

Olympic Steel Makes Management Changes

16 May 2007 - Olympic announced that Esther Potash will assume the role of Chief Information Officer, and Frank Ruane will assume the position of Vice President – Purchasing & Materials Management.

Dofasco Redeems Medium-Term Notes

16 May 2007 - Dofasco has completed redemption of all of its issued and outstanding 7.55% Series B Notes due October 1, 2008, and all of its issued and outstanding 4.961% Series A Notes due June 15, 2017 — in each case plus accrued but unpaid interest.