23 April 2012 - SMS Concast AG has been awarded jointly with SMS Concast America Inc. of Pittsburgh, Pa., a major contract from The Timken Co. to supply a three(four)-strand UHQ vertical bloom casting facility for Timken’s Faircrest steel plant in Canton, Ohio.

Steel Dynamics Reports First Quarter 2012 Results

20 April 2012 - Steel Dynamics, Inc. announced first quarter net income of $46 million, or $0.20 per diluted share, on net sales of $2.0 billion. By comparison, prior-year first quarter net income was $106 million, or $0.46 per diluted share, and sequential fourth quarter 2011 net income was $30 million, or $0.14 per diluted share.

Nucor Reports First Quarter 2012 Results

20 April 2012 - Nucor Corp. announced consolidated net earnings of $145.1 million, or $0.46 per diluted share, for the first quarter of 2012, compared to net earnings of $159.8 million, or $0.50 per diluted share, for the first quarter of 2011 and net earnings of $137.1 million, or $0.43 per diluted share, in the fourth quarter of 2011.

Severstal, RÜTGERS Group Set up Coal Tar Conversion JV

19 April 2012 - OAO Severstal and RÜTGERS Group signed an agreement to establish a joint venture named RÜTGERS SEVERTAR, which will manufacture vacuumized pitch, industrial oils, and naphthalene.

USW Requests Investigation into Incident with Picketer, Cascade Steel Security Guard

16 April 2012 - The United Steelworkers has demanded an investigation of the Cascade Steel security guard who struck and injured a USW member who was picketing early Thursday morning, April 12, at Cascade Steel in McMinnville, Ore.

OSHA Reaches Settlement with Republic to Include Additional Safety Measures, Training at Mills

13 April 2012 - The U.S. Department of Labor has reached a settlement agreement with Republic Steel Inc. resolving citations issued by the department's Occupational Safety and Health Administration in May 2011 for violations found at the company's facility in Lorain, Ohio.

ALJ Releases Second Quarter Revenue Performance

12 April 2012 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenue of $44.6 million for the second quarter and revenue of $83.4 million for the six months ended March 31, 2012.

Two MMK Projects Qualify for Implementation under Kyoto Protocol

12 April 2012 - MMK is introducing electric arc furnace production of slab steel, and is upgrading agglomerate production and load-feeding at its blast furnaces.

Severstal Acquires Remaining Interest in Severstal Liberia Iron Ore

11 April 2012 - OAO Severstal has completed the transaction to acquire the remaining 38.5% minority interest in Severstal Liberia Iron Ore Ltd. from its partner, Afferro Mining Inc.

Severstal Projects Approved to Receive Financing under Kyoto Protocol

10 April 2012 - The Ministry of Economic Development has approved several of ОАО Severstal’s environmental projects to receive financing under the Kyoto Protocol.

Severstal NA, UAW Reach Tentative Agreement on New Labor Agreement

04 April 2012 - Severstal North America and United Auto Workers (UAW) Local 600 have reached a tentative agreement on a new five-year labor pact. The company expects ratification of the agreement to be completed shortly.

Timken Launches New Ultrasonic Inspection Line at Faircrest

03 April 2012 - The Timken Co. has completed its ultrasonic test (UT) inspection line at its Faircrest Steel Plant in Canton, Ohio. This $5 million investment increases Timken’s large-bar finishing capacity and helps ensure large-bar sound-center quality.

AK Steel's Zanesville Works Recognized for Outstanding Safety Performance

02 April 2012 - The Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene has recognized AK Steel's Zanesville Works for Outstanding Safety Performance.

Worthington Reports Third Quarter Fiscal 2012 Results

30 March 2012 - Worthington Industries, Inc. reported net sales of $611.3 million and net earnings of $25.9 million, or $0.37 per share, for its fiscal 2012 third quarter ended February 29, 2012. In last year's third quarter, the company reported net sales of $569.4 million and net earnings of $26.3 million, or $0.35 per share.

Commercial Metals Reports Improved Second Quarter Earnings

29 March 2012 - Commercial Metals Co. reported net earnings of $28.9 million, or $0.25 per diluted share, on net sales of $2.0 billion for the second quarter ended February 29, 2012. This earnings performance is a significant improvement over the net loss of $46.2 million, or $0.40 per share, reported in last year's second quarter with sales of $1.8 billion.

Severstal North America Debuts New Culvert Mobile App

29 March 2012 - Severstal North America introduced its new Culvert mobile application, which is designed to help corrugated steel pipe professionals work faster and smarter. It is available for Apple iOS and Android devices.

AK Tube Plants Recognized for Safety Performance

29 March 2012 - The Columbus, Ind., and Walbridge, Ohio, plants of AK Tube LLC have each received the "Safety Award of Merit" from the Fabricators and Manufacturers Association, International (FMA), a leading trade organization that serves the metal forming and fabricating industry.

Allegheny Technologies Reports Management Changes in Engineered Products Segment

22 March 2012 - Allegheny Technologies Incorporated announced the promotion of Michael L. Cleppe to the position of President, Engineered Products Group, effective April 1, 2012. His promotion is the result of the recent announcement of David M. Hogan’s retirement.

Steel Dynamics Provides First Quarter Earnings Guidance

19 March 2012 - Steel Dynamics provided first quarter 2012 guidance, indicating that earnings are expected to be in the range of $0.15 to $0.20 per diluted share. Estimated earnings reflect expenses, net of interest cost savings, associated with the company's financing activities which occurred in January.

ATI Launches New Customer-Focused Enterprise Website

19 March 2012 - Allegheny Technologies has launched a new enterprise website that brings together information on ATI’s products and services into a single, searchable site.

Page 318 of 528

View Latest Steel News