▶Subscribe to the Steel News Rewind Newsletter

North America

All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.

Latest News

Universal Stainless to Increase Bar Product Prices

23 September 2004 - Universal Stainless & Alloy Products, Inc. announced a 6% price increase effective on shipments scheduled for October 1, 2004 for all bar products including flats, hexagon and square bar products manufactured at its Bridgeville, Pa., and Dunkirk, N.Y., facilities.

Wheeling-Pittsburgh Closes Common Stock Offering

23 September 2004 - Wheeling-Pittsburgh Corp. recently closed its public offering of 3,650,000 shares of common stock, including 477,602 shares offered on behalf of certain selling shareholders, at a public offering price of $29.00 per share. The underwriters exercised their option to purchase 547,500 additional primary shares of common stock to cover over-allotments, which also closed on September 21, 2004.

EPA Says Domestic Air Cleanest Ever Since 1970

23 September 2004 - The U.S. Environmental Protection Agency (EPA) reports that total emissions of the six principal pollutants identified in the Clean Air Act dropped again in 2003, signaling that America's air is the cleanest ever in three decades.

Worthington Reports Record 1st Quarter Results

23 September 2004 - Worthington Industries, Inc. reported net earnings of $57.9 million on sales of $769.3 million for the first quarter of fiscal 2005 ended August 31, 2004.

SMI Steel Products Enters Agreement for SmartBeam Technology

22 September 2004 - SMI Steel Products, Ark., has signed an exclusive agreement with R.F. Stearns to drive the use of SMI's SmartBeam(R) product in multi-story structures throughout Alaska, Hawaii, Washington, Oregon and Northern California. Leveraging Stearns' design/build capabilities, this strategic alliance will help developers, contractors and architects to improve aesthetics, performance, scheduling and cost for steel frames within parking garages, industrial buildings, office buildings and other commercial structures.

Dofasco Signs Technology Agreement with JFE Steel

22 September 2004 - Dofasco Inc. has signed a Technology Cooperation Agreement for automotive steels with JFE Steel Corp. of Japan.

Carpenter Raises Prices on Stainless and High Temperature Bar Products

21 September 2004 - Carpenter Technology Corp.’s Specialty Alloys Operations unit announced that it is increasing prices for all grades of stainless steel and high temperature alloy bar products by approximately 10%, effective with new orders and shipments as of October 1st.

AK Steel Announces October Surcharges

21 September 2004 - AK Steel has advised its flat-rolled carbon steel customers that a $157 per ton surcharge will be added to invoices for products shipped in October, an increase of $15 from September's surcharge of $142 per ton.

Worthington Industries Closes Purchase of Western Cylinder Assets

21 September 2004 - Worthington Industries, Inc. announced that it has completed its previously announced purchase of the propane and specialty gas cylinder assets of Western Industries, Inc.

Latest Monitor Report Available for Stelco Restructuring

21 September 2004 - Stelco Inc. announced the recent filing of the Ninth Report of the Monitor for the company's Court-supervised restructuring.

Ipsco Revises 3rd Quarter Earnings Guidance

21 September 2004 - Ipsco Inc. announced it expects third quarter earnings will exceed $2.00 per diluted share, which is more than 40% higher than the analyst consensus of $1.43 per share. Favorable results this quarter have been driven by continued strength in the market with strong product demand, resulting in higher margins.

Dofasco Makes Dow Jones Sustainability World Index

21 September 2004 - For the sixth year in a row, Dofasco Inc. has been listed on the Dow Jones Sustainability World Index (DJSI World). Dofasco is the only steelmaker in the world listed on the DJSI World index, and one of 13 Canadian companies listed.

Allegheny Ludlum Announces Stainless Steel Plate Price Increases

20 September 2004 - ATI Allegheny Ludlum announced it is revising pricing for light gauge size extras and the grade base for type 403. The price increases are effective with shipments September 27, 2004.

United States Steel Names Vice President and Treasurer

20 September 2004 - United States Steel Corp. Executive Vice President & Chief Financial Officer Gretchen R. Haggerty announced that Larry T. Brockway has been named Vice President & Treasurer effective October 1, responsible for all treasury functions. Brockway will continue to report to Haggerty, who formerly held the position.

Wheeling-Pittsburgh Announces Pricing of Common Stock Offering

17 September 2004 - Wheeling-Pittsburgh Corp. announced the pricing of a public offering of 3,650,000 shares of common stock, including 477,602 shares offered on behalf of certain selling shareholders, at a public offering price of $29.00 per share. Wheeling-Pittsburgh has granted the underwriters a 30-day option to purchase up to 547,500 additional primary shares of common stock to cover over-allotments, if any.

Ipsco Employees Provide Relief for Hurricane Ivan Victims

17 September 2004 - Employees at the various Ipsco operations throughout the United States and Canada are rallying together to support their colleagues and friends whose families have been impacted by Hurricane Ivan. The storm passed through Mobile, Ala., early Thursday without significantly affecting Ipsco's Alabama steel mill, however it is expected that many families will not be so fortunate.

2004 Steel Shipments 10.5 Percent Ahead of 2003

17 September 2004 - U.S. steel mills shipped 9,361,000 net tons in July 2004, according to the latest data released by the American Iron and Steel Institute (AISI). July shipments represent an 11.1% increase from the 8,424,000 net tons shipped in July 2003, and a 3.2% decrease from the 9,671,000 net tons shipped in the previous month, June 2004.

View Latest Steel News

Steel News