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Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
EVRAZ to Upgrade Pueblo Rail Operations
23 December 2011 - EVRAZ plans to upgrade its Pueblo, Colo., rail facility to improve product quality and operational efficiency, and expand head hardened rail manufacturing capacity.
Qatar Steel Increases Stake in South Steel to 29.74%
23 December 2011 - Qatar Steel’s Board of Directors has recently approved the company’s decision to increase its stake in South Steel of Saudi Arabia by additional 9%, to 29.74%.
SMS Siemag Commissions 2nd Production Line at Severstal Columbus
22 December 2011 - SMS Siemag has commissioned a second production line with an electric steel plant, second CSP® casting strand, and a push-pull pickling line at Severstal Columbus.
AK Steel Announces Carbon Steel Price Increase
21 December 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products, effective immediately with new orders.
CMC Announces Guidance for First Quarter 2012 Earnings
20 December 2011 - Commercial Metals Co. expects to report earnings in the range of $0.87 to $0.97 per diluted share for its first quarter ended November 30, 2011, a substantial increase over the $0.01 earnings per share recorded for the first quarter of fiscal 2011.
USW Members Ratify Labor Agreement at AK Steel Tubemaking Unit
20 December 2011 - Members of United Steelworkers of America (USW) Local 1915 have ratified a new three-year labor agreement with AK Steel’s wholly-owned subsidiary, AK Tube LLC.
Timken and USW Local 1123 Agree on Proposed Contract
19 December 2011 - The Timken Co. and the United Steelworkers Local 1123 have reached agreement on a new five-year contract. A ratification vote for the new contract is being scheduled.
Steel Dynamics Provides Fourth Quarter Earnings Guidance
19 December 2011 - Steel Dynamics expects to report fourth quarter earnings in the range of $0.08 to $0.12 per diluted share, a drop from earnings of $0.19 per diluted share in the previous quarter.
Nucor’s DiMicco Named to Manufacturing Hall of Fame
16 December 2011 - Nucor Corp. Chairman and CEO Dan DiMicco was named to IndustryWeek magazine's Manufacturing Hall of Fame, one of just ten members selected this year.
AK Steel Provides Fourth-Quarter Guidance
16 December 2011 - AK Steel opted to provide guidance later in the fourth quarter when it had more information upon which to base its estimates. The company now expects shipments of approximately 1.4 million tons in the 2011 fourth quarter, or about 2% higher than the third quarter of 2011, and about 3% higher than in the year-ago fourth quarter.
Nucor Announces Fourth Quarter Earnings Guidance
16 December 2011 - Nucor Corp. announced guidance for its fourth quarter ending December 31, 2011, including the expectation of results in the range of $0.22 to $0.27 per diluted share.
ThyssenKrupp Steel USA President and CEO to Assume New Responsibilities
14 December 2011 - ThyssenKrupp Steel USA announced that President and CEO Chris Lackinger is leaving his position January 1, 2012 to assume other responsibilities within the ThyssenKrupp Group.
Air Liquide Expands Relationship with Nucor Steel in U.S.
14 December 2011 - Air Liquide Large Industries U.S. LP has been selected to supply industrial gases for Nucor Steel’s new direct reduced iron (DRI) plant in Convent, La., and has extended its contracts to serve Nucor’s plants in Berkeley County, S.C., and Blytheville, Ark.
ThyssenKrupp Steel USA Announces New President and CEO
14 December 2011 - ThyssenKrupp Steel USA announced the appointment of Christian Dohr as its President and CEO, replacing Chris Lackinger who is leaving to assume other responsibilities within the ThyssenKrupp Group.
Allegheny Technologies Elects New Director
12 December 2011 - Allegheny Technologies announced the election of John R. Pipski to the company’s Board of Directors, where he will serve on ATI’s Audit Committee and the Technology Committee.
CMC Board of Directors to Review Unsolicited Tender Offer from Carl Icahn
12 December 2011 - Commercial Metals Company's Board of Directors, in consultation with its independent financial and legal advisers, will review the unsolicited tender offer from Carl Icahn and Icahn Enterprises Holdings L.P. to acquire all outstanding common shares of Commercial Metals Company at a price of $15.00 per share.
AK Steel Announces Carbon Steel Price Increase
08 December 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products effective immediately with new orders.
Carpenter Technology’s Amega West Expands Machining Capabilities in Canada
06 December 2011 - Carpenter Technology Corp. has agreed to acquire the assets of ARwin Machining Plus, Ltd. for approximately $1.4 million dollars, with an expected closing by December 15, 2011.
Severstal Columbus Launches New Push-Pull Pickle Line
06 December 2011 - Severstal North America’s new Push Pull Pickle Line is up and running at its site in Columbus, Miss. The new line is capable of pickling 0.059- to 0.500-inch by 36- to 74-inch product.
ATI to Supply Goodrich with Aerospace Forgings
06 December 2011 - Allegheny Technologies Inc. has signed a long-term sourcing agreement with the Goodrich Corp. for the supply of aerospace forgings used for landing gear components, from 2012 through 2015.
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