Steel News

Lakeside Provides Update on Non-Binding Transaction Proposal

11 January 2012 - Lakeside Steel Inc. announced a 10-daye extension of the period in which the company has agreed to negotiate exclusively with the potential purchaser regarding an acquisition or similar transaction.

Lakeside Reports 2nd Quarter Results, Proposed Financings

02 December 2011 - Lakeside Steel Inc. reported a net loss of $7,601,420 on revenue of $47,771,086 for the fiscal 2012 second quarter, and a net loss of $8,694,479 on revenue of $100,799,032 for the six months ended September 30, 2011.

Canadian Auto Workers Local Ratifies Contract with Lakeside Steel

04 November 2011 - Members of the Canadian Auto Workers, Local 523, the union representing employees at the Welland, Ont., facilities of Lakeside Steel Corp. have ratified a new three-year collective agreement.

Lakeside Reaches Tentative Agreement with Canadian Auto Workers

02 November 2011 - Lakeside Steel Inc. has reached a tentative agreement with the Canadian Auto Workers, Local 523 representing approximately 350 employees of Lakeside Steel Corp.

Three Atlas Tube Facilities Achieve STINA Certified Producer Status

12 October 2011 - Atlas Tube's manufacturing facilities in Chicago, Ill.; Harrow, Ont.; and Plymouth, Mich. are among the first steel tubular producers in North America to earn the right to display the Steel Tube Institute of North America's Certified Producer Mark on its products.

Lakeside Accelerates Completion of Alabama Treatment Facility

20 September 2011 - Lakeside Steel announced that construction is ahead of schedule for its new USD $7.5M state-of-the-art tubing thermal and end-finishing facility in Thomasville, Ala.

Northwest Pipe Reports Q2 2011 Results

08 August 2011 - Northwest Pipe Co. announced net income of $5.4 million on net sales of $143.8 million for the second quarter, and net income of $8.9 million on net sales of $255.3 million for the first six months of 2011.

Lakeside Hires New Vice President Commercial

20 July 2011 - Lakeside Steel Inc. announced the appointment of Robert Okrzesik to the position of Vice President Commercial.

Lakeside Steel, Metals USA Enter Services Agreement

15 June 2011 - Lakeside Steel Inc. has entered into a four-year contract with Metals USA for the provision of steel slitting and warehousing services to support Lakeside's new steel pipe and casing mill in Thomasville, Ala.

Wheatland Tube to Expand Drawn Over Mandrel Product Line

14 June 2011 - Wheatland Tube announced plans to make a significant investment in its Drawn Over Mandrel Mechanical Tubing product capacity and product capabilities.

Atlas Tube to Re-Open Blytheville HSS Facility

01 June 2011 - Atlas Tube announced plans to re-open its Hollow Structural Section manufacturing facility in Blytheville, Ark., with regularly scheduled mill rollings to begin in September.

Northwest Pipe Reports Q1 2011 Results

11 May 2011 - Northwest Pipe has filed its first-quarter Quarterly Report on Form 10-Q with the SEC, in which it reported net income of $3.6 million on sales of $111.5 million.

TMK Ipsco Breaks Ground on R&D Center

03 May 2011 - TMK Ipsco has broken ground on a new 51,000 square-foot Research & Development Center in Houston, Tex., that will house its innovation initiatives, including new product design and development, experimental and validation testing, and advanced metallurgical research.

Lakeside Steel to Build New Finishing Facility in Thomasville

25 March 2011 - Lakeside Steel Inc. has announced plans to build a new USD $7.5-million state-of-the-art end-finishing and heat treatment facility in Thomasville, Ala.

Northwest Pipe Reports 2010 Results

23 March 2011 - Northwest Pipe Company reported a net loss of $1.4 million on sales of $386.8 million for the year ended December 31, 2010.

TMK Ipsco to Upgrade Facility in Wilder, Kentucky

09 March 2011 - TMK Ipsco announced plans for a number of new investments at its facility in Wilder, Ky., including installation of a new thread shop and new 16-inch facing machines.

TMK Ipsco Commissions 2nd Thread Line in Brookfield

07 March 2011 - TMK Ipsco’s premium pipe threading facility in Brookfield, Ohio, begins a two-week commissioning phase for its second thread line.

TMK IPSCO Facility in Brookfield, Ohio, Commissions Second Thread Line

04 March 2011 - This week, TMK IPSCO’s Premium pipe threading facility in Brookfield, Ohio, began a two-week commissioning phase for its second thread line, which will allow the facility to thread more and larger pipe to meet the expanding demand in the oil and gas industry.

Lakeside Steel to Build End-Finishing and Heat Treat Facility

01 March 2011 - The Lakeside Steel Board of Directors has approved plans to build a new state-of-the-art end-finishing and heat treatment facility that will provide vertical integration of finished and upgraded tubular products.

Lakeside Steel to Add Processing Capability in Welland

28 February 2011 - Lakeside Steel announced plans to add additional thermal processing capabilities to its Welland, Ont., Lakeside Steel facility, enabling it to ship fully end-finished and normalized tubing products to oil country customers in the U.S, and Canada.