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The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

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Worthington Reports Third Quarter Fiscal 2011 Results

01 April 2011 - Worthington Industries, Inc. reported net earnings of $26.3 million on net sales of $569.4 million for its fiscal 2011 third quarter ended February 28, 2011.

Severstal NA Completes Asset Sale, Accelerates Capital Improvements

01 April 2011 - Severstal North America has successfully completed the sale of its Warren, Wheeling, and Sparrows Point, assets to the Renco Group, and has also stepped up completion dates for some of its planned capital improvements at Dearborn and Columbus.

Grupo Simec Announces Republic’s Acquisition of Bluff City Assets

31 March 2011 - Grupo Simec, S. A. B. de C. V. subsidiary Republic Engineered Products Inc. has acquired the assets of Bluff City, which include heat treat and cold drawing facilities.

Latrobe Steel’s Vacuum Melted Metals Help Rescue Downed Airman

29 March 2011 - The V-22 Osprey, which features a unique tilt-rotor mechanism, uses many Latrobe premium alloys for critical components within the transmission gear boxes, rotor shafts and the engines.

Carpenter Introduces New High Strength, High Toughness Alloy

25 March 2011 - Carpenter Technology unveils its newly-developed TEMPER TOUGH™ alloy, a new ultra high-strength steel alloy that is a lower-cost alternative to many cobalt-containing precipitation hardenable alloys.

Commercial Metals Sees Improved Outlook

23 March 2011 - Commercial Metals Co. reported a net loss of $46.2 million for the second quarter and a net loss of $45.5 million for the six months ended February 28, 2011.

LINDARC Laser-Based Off-Gas System Delivers Results at GerdauAmeristeel EAF

22 March 2011 - MORE srl, Italy, recently installed its innovative LINDARC real-time laser EAF off-gas analysis system at GerdauAmeristeel’s Jacksonville meltshop.

United Steelworkers Form Canada-U.S. Unity Council at Evraz Operations

18 March 2011 - USW local unions representing workers at Evraz NA operations in the U.S. and Canada have formed a "Unity Council" to deal with the company on a common front.

Nucor Announces Guidance for First Quarter Earnings

17 March 2011 - Nucor says it expects to report earnings in the range of $0.30 to $0.35 per diluted share for its first quarter ending April 2, 2011.

U. S. Steel, Lambda Technologies Enter Technology Agreement

15 March 2011 - U. S. Steel Tubular Products enters into an agreement with Surface Enhancement Technologies that will make the company the exclusive tubular products manufacturer to utilize Low Plasticity Burnishing.

Praxair Expands Tennessee Air Separation Plant

15 March 2011 - Praxair announced plans to double the capacity of its Memphis, Tenn., air separation complex to produce oxygen and nitrogen that will supply Nucor and Valero Energy.

New Carpenter Alloy Combines High Strength and Toughness

15 March 2011 - Carpenter Technology introduces Temper Tough™ alloy, a new ultra high-strength steel alloy that is a lower cost alternative to many cobalt-containing precipitation hardenable alloys.

AK Steel Coke Plants Recognized for Outstanding Safety Performance

14 March 2011 - AK Steel's Ashland and Middletown coke plants have received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute. Both coke plants operated the entire year of 2010 without any OSHA recordable injuries.

Steel Dynamics Provides First Quarter Earnings Guidance

11 March 2011 - Steel Dynamics says it is expecting to report first quarter earnings per diluted share in the range of $0.37 to $0.42, significantly higher than fourth quarter 2010 earnings per diluted share of $0.04.

OSHA Cites Evraz Rocky Mountain Steel for Safety Violations at Seamless Tube Mill

10 March 2011 - The U.S. Department of Labor's Occupational Safety and Health Administration has cited Evraz Rocky Mountain Steel for one repeat, five serious and two other-than-serious violations following a safety inspection of the company's seamless tube mill.

AK Steel Melts First Heat in New Butler Works EAF

08 March 2011 - AK Steel melted the first heat of steel last week in its new 175-ton capacity electric arc furnace at its Butler, Pa., Works.

Nucor Breaks Ground in St. James Parish DRI Project

08 March 2011 - Nucor has broken ground on its DRI facility that will be located in St. James Parish, La. The company also named Lester Hart as General Manager of the St. James Parish facility.

AK Tube Plants Recognized for Outstanding Safety Performance

04 March 2011 - AK Tube’s Columbus, Ind., and Walbridge, Ohio, plants have been recognized for outstanding safety performance by the Fabricators and Manufacturers Association, International.

AK Steel Announces April 2011 Surcharges

04 March 2011 - AK Steel says it will add a $400 per ton surcharge to invoices for electrical steel products shipped in April 2011.

Renco to Buy Severstal’s Warren, Wheeling and Sparrows Point facilities

03 March 2011 - The Renco Group signed a definitive agreement to purchase Severstal North America operations at Warren, Ohio, Wheeling, W.Va., and Sparrows Point, Md.

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