12 January 2011 - Cliffs Natural Resources has entered into a definitive arrangement agreement to acquire all of Consolidated Thompson Iron Mines Ltd.'s common shares in an all-cash transaction valued at approximately $4.9 billion Canadian dollars (including net debt), or C$17.25 per share.

Tenova Core to Revamp Charlotte Consteel System for Gerdau Ameristeel

11 January 2011 - Gerdau Ameristeel recently contracted Tenova Core to provide a major revamp of the existing Consteel system at its Charlotte, North Carolina plant.

Cliffs Announces Receipt of "True-up" Payments from Essar Steel Algoma

07 January 2011 - Cliffs Natural Resources announces the receipt of $129 million in "true-up" payments from Essar Steel Algoma related to the portion of revenue from 2010 pellet sales that were disputed in a previously disclosed arbitration.

Schnitzer Reports Strong First Quarter Fiscal 2011 Performance

07 January 2011 - Schnitzer Steel Industries reported diluted earnings per share from continuing operations of $0.64 and record first-quarter revenues of $675 million for its fiscal 2011 first quarter ended November 30, 2010.

AK Steel Announces Carbon Steel Price Increase

07 January 2011 - AK Steel announced plans to increase current spot market base prices by $50 per ton for all carbon flat-rolled steel products, effective immediately with new orders.

Cliffs Announces Receipt of "True-up" Payments from Essar Steel Algoma

Essar Steel Algoma to Make True-Up Payment for Iron Ore

06 January 2011 - Essar Steel Algoma is making a US $129 Million true-up payment to its iron ore supplier. The amount represents the difference between amounts invoiced in 2010 and the amounts due under the recent arbitration award with respect to a pricing dispute.

Cliffs Natural Resources Names General Manager, Global Sustainability

06 January 2011 - Cliffs Natural Resources announced Ronald Nielsen has joined the organization as its new General Manager, Global Sustainability, effective Jan. 2011.

Worthington Reports 2nd Quarter Fiscal 2011 Results

06 January 2011 - Worthington Industries reported net earnings of $14.5 million on net sales of $580.7 million for its fiscal 2011 second quarter, and net earnings of $36.8 million on net sales of $1198 million for the six months ended November 30, 2010.

Essar Steel Algoma to Make True-Up Payment for Iron Ore

Worthington Launches JV to Serve China’s Steel-Frame Housing Market

05 January 2011 - Worthington Industries announced this week the creation of a joint venture to manufacture light gauge steel framing products and to design, engineer and supply light gauge steel-framed mid-rise residential buildings in five Central Chinese provinces.

ATI Announces Pricing of Senior Notes Offering

05 January 2011 - Allegheny Technologies Inc. has priced its public offering of senior notes due 2021. Net proceeds will help to finance the cash portion of the merger consideration for the company’s acquisition of Ladish.

Schnitzer Acquires State Line Scrap

05 January 2011 - Schnitzer Steel Industries, Inc. has entered into a definitive agreement to acquire the assets of Attleboro, Mass.-based State Line Scrap Co., Inc. and certain of its affiliates.

Ferriola Named Nucor President and COO

04 January 2011 - Nucor’s Board of Directors has appointed John J. Ferriola President and Chief Operating Officer, effective January 1, 2011. Daniel R. DiMicco will continue to serve as Nucor's Chairman and Chief Executive Officer.

AK Steel Announces February 2011 Surcharges

04 January 2011 - AK Steel says it will add a $350 per ton surcharge to invoices for electrical steel products shipped in February 2011.

ALJ Releases First Quarter Revenue Performance

04 January 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $32.7 million for the fiscal first quarter ended December 31, 2010.

Carpenter Technology Acquires Amega West Services

04 January 2011 - Carpenter Technology expands its reach in the oil & gas market with the acquisition of Amega West Services, LLC, a manufacturer and service provider of complex components for directional drilling equipment, for approximately $54 million.

ATI Announces Expiration of HSR Review Period for Acquisition of Ladish

04 January 2011 - The review period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired for Allegheny Technologies’ previously announced acquisition of Ladish Co., Inc.

Timken Acquires City Scrap and Salvage

03 January 2011 - Timken subsidiary TSB Metal Recycling LLC has purchased the assets of City Scrap and Salvage Co. of Akron, Ohio. City Scrap has been supplying Timken with ferrous scrap for more than 15 years.

ALJ Announces Results for Fiscal Year 2010

03 January 2011 - ALJ Regional Holdings, Inc., the parent company of Kentucky Electric Steel, posted net income of $472,000 on net sales of $32.37 million for the fourth quarter, and net income of $5.69 million on net sales of $112.83 million for the fiscal year ended September 30, 2010.

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