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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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AK Steel Announces Carbon Steel Price Increase

11 August 2011 - AK Steel announced plans to increase current spot market base prices for all carbon flat-rolled steel products.

FTC Requests Additional Info Regarding Carpenter’s Acquisition of Latrobe

09 August 2011 - The U.S. Federal Trade Commission has submitted requests to both Carpenter Technology and Latrobe Specialty Metals for additional information regarding Carpenter's pending acquisition of Latrobe.

Latrobe Specialty Negotiates Wage Re-opener with Local 1537

08 August 2011 - United Steelworkers’ Local 1537 overwhelmingly approved a tentative agreement with Latrobe Specialty Metals Co. on Saturday, July 30th.

Evraz to Expand Portland Tubular Operations

08 August 2011 - Evraz Group plans to expand Evraz Inc. NA’s structural tubing facility in Portland, Ore., to add capacity to manufacture API-certified pipe. The expansion is scheduled for completion by August 2012.

Commercial Metals Adopts Stockholder Rights Plan

02 August 2011 - The Board of Directors of Commercial Metals Co. has adopted a Stockholder Rights Plan with a 10% threshold; stockholders with existing positions over 10% will be grandfathered.

AK Steel Announces September 2011 Surcharges

02 August 2011 - AK Steel will add a $460 per ton surcharge to invoices for electrical steel products shipped in September 2011.

U. S. Steel Announces Executive Appointments

02 August 2011 - United States Steel announced two executive appointments in its corporate risk management and finance organizations; both appointments are effective immediately.

ATI Operations, USW Reach Tentative Agreement

02 August 2011 - United Steelworkers, ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations have reached tentative four-year agreements covering approximately 3,000 employees.

Universal Stainless Reports Strong Second Quarter 2011 Results

01 August 2011 - Universal Stainless & Alloy Products reported net income of $5.5 million on sales of $63.3 million for the second quarter, and net income of $9.97 million on sales of $123.1 million for the first six months of 2011.

Severstal Columbus Signs $350 Million Revolving Credit Facility

29 July 2011 - Severstal Columbus has signed a $350 million syndicated revolving credit facility, proceeds of which will be used, among other things, to refinance an existing $150-million revolving credit facility.

Carpenter Technology Reports Fourth Quarter Results

29 July 2011 - Carpenter Technology reported net income attributable to Carpenter of $25.5 million on net sales of $483.6 million for the fourth quarter, and net income attributable to Carpenter of $71.0 million on net sales of $1.675 billion for the full year fiscal 2011.

Timken Posts Second Quarter Earnings

29 July 2011 - The Timken Co. reported $121.5 million income from continuing operations on sales of $1.3 billion for the second quarter of 2011.

Allegheny Technologies Announces Second Quarter 2011 Results

28 July 2011 - Allegheny Technologies reported net income of $64.0 million on sales of $1.35 billion for the second quarter, and net income of $120.3 million on sales of $2.58 billion for the first six months of 2011.

Timken, Partners Break Ground on Wind Energy R&D Center

27 July 2011 - Timken, Stark State College and the Stark County Port Authority officially broke ground this week on a Wind Energy Research and Development Center, America's first R&D center for large wind-turbine gearbox systems.

USW Members Reject New Contract at ATI

27 July 2011 - United Steelworkers members have rejected a four-year contract with Allegheny Technologies that would have covered represented employees at ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations.

AK Steel Reports Second Quarter 2011 Results

27 July 2011 - AK Steel reported net income of $33.1 million on net sales of $1,791.9 million for the second quarter and net income of $41.8 million on net sales of $3,373.0 million for the first six months of 2011.

U.S. Steel Reports 2011 Second Quarter Results

26 July 2011 - United States Steel reported net income of $222 million on net sales of $5.12 billion for the second quarter, and net income of $136 million on net sales of $9.98 billion for the first six months of 2011.

Nucor to Support 20 Veterans through CDS Warrior SALUTE Program

25 July 2011 - Nucor Corp. has entered into a partnership with Continuing Developmental Services, Inc. and the CDS Warrior SALUTE Program that will allow it to support 20 veterans throughout 2012 with services such as therapy and vocational training.

Nucor Reports 2nd Quarter Results

22 July 2011 - Nucor announced consolidated net earnings of $299.8 million on consolidated net sales of $5.11 billion for the second quarter, and consolidated net earnings of $459.6 million on consolidated net sales of $9.94 billion for the first six months of 2011.

Steel Dynamics Reports 2nd Quarter 2011 Results

19 July 2011 - Steel Dynamics reports net income of $99 million on net sales of $2.1 billion for the second quarter.

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