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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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ArcelorMittal Dofasco Inducted into Canadian Manufacturing Hall of Fame

08 February 2010 - ArcelorMittal Dofasco has been named to the Canadian Manufacturing Hall of Fame for its long-term commitment to the Hamilton community.

U.S. Steel Announces Executive Appointments in Europe, North America

05 February 2010 - United States Steel announced several new appointments, including a new Vice President–Commercial, Europe, and two advancements in the company's North American sales and marketing organizations.

Steel Dynamics Reports 4th Quarter, 2009 Results

04 February 2010 - Steel Dynamics reported net income of $26.7 million on net sales of $1.2 billion for the fourth quarter and a net loss of $8.2 million on net sales of $4.0 billion for the fiscal year ended December 31, 2009.

Steel Dynamics Reports 4th Quarter, 2009 Results

04 February 2010 - Steel Dynamics reported net income of $26.7 million on net sales of $1.2 billion for the fourth quarter and a net loss of $8.2 million on net sales of $4.0 billion for the fiscal year ended December 31, 2009.

Timken Reports 2009 Results, 2010 Outlook

03 February 2010 - The Timken Co. reported a net loss of $20.2 million on sales of $774.6 million for the fourth quarter and a net loss of $134.0 million on sales of $3.1 billion for the year 2009.

Outokumpu Products Have Small Carbon Footprint

03 February 2010 - Outokumpu cites the recent Life Cycle Inventory Study on Stainless Steel Production in the EU showing that its stainless steel products have the smallest carbon footprint, in general 10 to 20% smaller than the EU average.

Commercial Metals Announces Resignation of CMC Americas Division President Russell B. Rinn

02 February 2010 - Commercial Metals announces the resignation of Russell B. Rinn, Executive Vice President of CMC and President of the CMC Americas Division, following 31 years of service to the company.

Cliffs Natural Resources Closes Wabush Mines Acquisition

02 February 2010 - Cliffs Natural Resources completes acquisition of the interest held in the Wabush Mines joint venture by former partners U.S. Steel Canada and ArcelorMittal Dofasco.

Worthington Steel Acquires Strip Steel Assets of Gibraltar

02 February 2010 - Worthington Industries’ Steel Processing business segment has acquired the steel processing assets of Gibraltar Industries, including its Cleveland facility, the equipment and inventory of its Buffalo facility, and a warehouse facility in Detroit.

AK Steel Announces March 2010 Surcharges

02 February 2010 - AK Steel will add a $325 per ton surcharge to invoices for electrical steel products shipped in March 2010.

Tonawanda Coke Ordered to Comply with State, Federal Laws

29 January 2010 - The U.S. EPA and the New York State Department of Environmental Conservation have ordered Tonawanda Coke Corp. over the past two months to maintain and operate its coke manufacturing facility in a manner that no longer violates federal and state environmental laws. EPA is sharing information about its ongoing multi-faceted investigation of this facility in an effort to keep the Tonawanda community fully informed.

Allegheny Technologies Reports 4th Quarter, Full-Year 2009 Results

28 January 2010 - Allegheny Technologies reported net income of $37.8 million on sales of $815.7 million for the fourth quarter and net income of $31.7 million on sales of $3.05 billion for the full year 2009.

Carpenter Technology Reports 2nd Quarter Results

28 January 2010 - Carpenter Technology announced net income of $3.5 million ($0.08 per diluted share) for the second quarter ended December 31, 2009. This compares with net income of $29.8 million ($0.68 per diluted share) for the year-ago second quarter.

Universal Stainless Reports Continued Improvement in 4th Quarter

28 January 2010 - Universal Stainless & Alloy Products reported that sales for the fourth quarter of 2009 were $26.7 million, compared with $57.1 million in the fourth quarter of 2008 and $25.3 million in the third quarter of 2009.

Nucor Reports 4th Quarter, Year-End Results

27 January 2010 - Nucor reports consolidated net earnings of $58.9 million on consolidated net sales of $2.94 billion for the fourth quarter and a consolidated net loss of $293.6 million on consolidated net sales of $11.19 billion for the full year 2009.

United States Steel Reports 4th Quarter, Full-Year Results

27 January 2010 - United States Steel Corp. reported a net loss of $267 million on net sales of $3.35 billion for the fourth quarter, and a net loss of $1,401 million on net sales of $11.05 billion for the full year 2009.

Severstal North America to Restart Facilities

26 January 2010 - As part of its North American 2010 operating plan, OAO Severstal plans to restart certain facilities that had been previously idled. Severstal Warren is scheduled to return to service its blast furnace, steelmaking, and hot strip mill facilities late in the first quarter of 2010.

AK Steel Reports 4th Quarter, Full-Year 2009 Results

26 January 2010 - AK Steel reported net income of $39.8 million on net sales of $1,319.9 million for the fourth quarter and a net loss of $74.6 million on net sales of $4,076.8 million for the full year 2009.

U. S. Steel Expands Weathered Metal Series for Architectural Applications

26 January 2010 - In a joint project with Precoat Metals, United States Steel Corp. has launched its Weathered Metal Series, which adds weathered copper and weathered galvanized steel to its offering.

AK Steel Names General Manager for Global Electrical Steel Sales

26 January 2010 - AK Steel has named Lisa A. Vensel General Manager of Electrical Steel Sales, effective on February 1. She will be responsible for the company's global sales of its electrical steel products.

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