▶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

Timken to Increase Steel Bar Prices

09 September 2004 - The Timken Corp. announced price increases on steel bar products.

Heidtman Celebrates 50 Years in the Steel Industry

09 September 2004 - Heidtman Steel recently celebrated 50 years in the steel industry. Started up in 1954 by F. William “Fred” Heidtman, the company has grown to become a leading supplier of flat-rolled carbon steel products from 11 processing facilities.

Whirlpool and Ispat Inland Reach Settlement

09 September 2004 - Whirlpool Corp. and Ispat Inland Inc. have reached a mutually satisfactory settlement of their litigation filed in Berrien County, Mich., Circuit Court.

Nucor Announces 2-for-1 Stock Split

09 September 2004 - Nucor Corp. announced that its Board of Directors approved a 2-for-1 stock split. The stock split will be carried out by issuing one additional share of common stock for each share held by stockholders of record on September 30, 2004. The additional shares will be distributed to stockholders on or about October 15, 2004. Nucor common stock's par value will remain at $.40 per share. The stock split is intended to broaden interest in Nucor's common stock and improve its marketability.

New Roofing Materials Offer Protection from Mother Nature

08 September 2004 - As thousands of Florida residents begin to rebuild following recent hurricanes, the Metal Roofing Alliance (MRA) is encouraging residents to take proactive steps to reduce the risk of potential damage from Mother Nature. Aside from the basic precautions commonly used, homeowners should consider installing a residential metal roof for added protection.

AK Steel Names Director of Purchasing

08 September 2004 - AK Steel announced it had named Anthony C. Perry to the new post of Director of Purchasing.

Cascade Steel Names Director of Operations

08 September 2004 - Robert W. Philip, President and CEO of Schnitzer Steel Industries, Inc., announced that Jeff Dyck has been promoted to Director of Operations for Cascade Steel Rolling Mills, Inc., a wholly owned subsidiary of Schnitzer.

Steel Technologies Announces New Credit Facility

08 September 2004 - Steel Technologies Inc. has entered into a five-year, $135 million Unsecured Revolving Credit Facility with its existing syndicated banking group. The new credit facility replaces a $151 million unsecured credit facility that was scheduled to mature on August 31, 2005. The transaction became effective September 2, 2004, and will mature on September 2, 2009.

Court Reschedules Stelco Hearing on Sale of Subsidiaries

08 September 2004 - Stelco Inc. announced that the Court hearing scheduled to take place on Tuesday, Sep. 7, has been rescheduled for September 24, 2004. The hearing is being held to review and, if appropriate, to approve the processes for the sale of Stelwire, Stelpipe and Stelfil.

Dofasco Announces Capital Structure Initiatives

07 September 2004 - Dofasco announced three initiatives related to its capital structure. First, the Board of Directors approved the redemption of all of the company's outstanding 4 3/4% Cumulative Redeemable Preferred Shares, Series A. The company also announced its intention to file a $300 million Medium Term Note program shelf prospectus, and its intention to put in place a Normal Course Issuer Bid for the repurchase of up to 3.8 million of the company's common shares, subject in both cases to approval from regulatory authorities.

U. S. Steel Vice Chairman Roy Dorrance to Retire

07 September 2004 - United States Steel Corp. announced that Roy G. Dorrance, Vice Chairman, has elected to retire at the end of September.

Allegheny Technologies Elects Two Board Members

03 September 2004 - Allegheny Technologies Inc. announced that Michael J. Joyce and Louis J. Thomas have been elected to the company's Board of Directors.

Worthington to Acquire Cylinder Assets of Western Industries

03 September 2004 - Worthington Industries, Inc. has signed a purchase agreement to acquire the propane and specialty gas cylinder assets of Western Industries, Inc.

Stelco to Demolish D Blast Furnace

03 September 2004 - Stelco Inc. will demolish its D Blast Furnace using explosives this Sunday, September 5, 2004. Built in the early 1950s, the approximately 250 foot high D Blast Furnace has been idle since 2000.

Ipsco Completes Red Deer Pipe Finishing Expansion

03 September 2004 - Ipsco Inc. has successfully commissioned its second pipe finishing facility at its Red Deer, Alberta Pipeworks.

Timken Latrobe to Modify Specialty Steel Pricing Policies

02 September 2004 - Timken Latrobe Steel announced it would change two pricing policies on all remelted aerospace alloy steel grades.

AK Steel Announces Stainless Steel Price Increase

02 September 2004 - AK Steel announced will increase the gauge and width extras for certain 200, 300 and 400 series stainless steel sheet products. The increase will be effective with shipments on and after September 13, 2004.

Steel Industry Groups Object to WTO Ruling on Byrd Amendment

02 September 2004 - In response to the World Trade Organization’s ruling on the “Byrd Amendment,” the following statement was released by the American Iron and Steel Institute (AISI); the United Steelworkers of America (USWA); the Steel Manufacturers Association (SMA); the Specialty Steel Industry of North America (SSINA); and the Committee on Pipe and Tube Imports (CPTI):

Stelco to Sell Stelfil Ltee

02 September 2004 - Stelco Inc.’s Board of Directors has elected to pursue the sale of Stelfil Ltée.

Pro-Tec Earns ISO/TS 16949 Quality Recognition

01 September 2004 - SRI Quality System Registrar recently awarded an ISO/TS 16949 Quality Management System certificate and an ISO 9001:2000 Quality Management System certificate to Pro-Tec Coating Co., Leipsic, Ohio.

Page 506 of 521

View Latest Steel News