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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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Cliffs Amends Definitive Agreement to Acquire Freewest

07 December 2009 - Cliffs Natural Resources has amended the terms of the previously disclosed definitive agreement to acquire Freewest Resources Canada Inc. Under the terms of the amended agreement, each Freewest shareholder will now receive CAD$0.90 per share of fixed consideration exclusively in the form of Cliffs common stock.

ZPSS Receives Environmental Incentives from City Government

07 December 2009 - Zhangjiagang Pohang Stainless Steel recently received environmental incentives from the Zhang Jiagang Municipal Government. The grant is given by provincial or municipal governments to companies with leading environmental protection practices.

Anti-Noise Screens Significantly Reduce Noise in Bartovice

04 December 2009 - ArcelorMittal Ostrava has erected three anti-noise screens that separate the Bartovice marshalling yard from the residential zone. A second stage of noise-reduction actions, planned for 2010, will include the erection of a fourth screen.

AK Steel Announces January 2010 Surcharges

04 December 2009 - AK Steel will add a $155 per ton surcharge to invoices for electrical steel products shipped in January 2010.

Corus Pilot Plant to Test CO2-Reducing Technology

01 December 2009 - Corus will test a new iron-making technology, called “Hisarna,” in a pilot plant project at its IJmuiden steelworks in the Netherlands. The technology reportedly has the potential to reduce CO2 emissions in blast furnace steelmaking by more than 50%.

Gerdau Ameristeel Announces $610 Million Refinancing

30 November 2009 - Gerdau Ameristeel enters into a loan agreement to borrow $610 million on arm's length terms from Gerdau Holdings, a subsidiary of Gerdau S.A.

Carpenter Technology Announces Completion of Syndicated Credit Facility

30 November 2009 - Carpenter Technology completes a three-year, $200-million syndicated credit facility.

Cliffs to Acquire Chromite Deposits from Freewest

27 November 2009 - Cliffs Natural Resources Inc. has entered into a definitive agreement to acquire the “Ring of Fire” chromite properties of Freewest Resources Canada Inc. The transaction is expected to close in the first quarter of 2010.

AK Tube Plant Recertified in VPP Safety Program

25 November 2009 - The Columbus, Ind., plant of AK Tube has been recertified as a Star site in the Indiana Department of Labor's Voluntary Protection Program (VPP). The Star designation signifies that the plant's safety programs surpass OSHA requirements.

ArcelorMittal Dofasco, Employees Support United Way

24 November 2009 - ArcelorMittal Dofasco and its employees make a $1 million donation to the United Way of Burlington & Greater Hamilton.

AK Steel Recognizes Valuable Suppliers, Processors

23 November 2009 - AK Steel is honoring four suppliers and three processors for providing outstanding service, value, and strategic support to its business plan in 2009.

AK Steel to Increase Carbon Steel Prices

20 November 2009 - AK Steel says it will increase spot market prices for its carbon steel products, effective January 1, 2010.

Severstal NA to Restart Yorkville Cold Mill

20 November 2009 - OAO Severstal announces the resumption of operations for Severstal Wheeling’s Yorkville, Ohio, cold rolling mill in response to increasing demand for cold rolled and coated products.

CMC Cometals to Build Alloy Hardeners Plant near Cayce Minimill

18 November 2009 - CMC’s Cometals Division announces plans to construct a state-of-the-art alloy hardeners plant near the company’s Cayce, S.C., steel minimill.

AK Steel to Increase Stainless Steel Prices

17 November 2009 - AK Steel will increase base prices by 6 to 9% for all 200-, 300- and 400-series flat rolled stainless steel products, depending on grade and product form.

API Steel Pipe Factory Completed in Pittsburg

13 November 2009 - Posco has completed construction of an annual 270,000-tonne scale API steel pipe factory in Pittsburg, Calif. United Spiral Pipe, established jointly with U.S. Steel and Seah Steel, will manufacture and sell API-certified steel pipes designed for energy transportation.

Timken Board Elects New Director

12 November 2009 - The Timken board of directors has elected John M. Ballbach as a director of the company, for a term that expires at the company’s annual meeting in 2011.

Siemens Modernizes Automation in AHMSA Hot Rolling Mill

12 November 2009 - Altos Hornos de Mexico has awarded Siemens a contract to modernize its existing basic and process automation systems in its Monclova Hot Strip Mill. Siemens will supply and install automation technology based on the Siroll HM platform.

ArcelorMittal Indiana Harbor Granted DOE Funding

12 November 2009 - The U.S. Department of Energy is awarding ArcelorMittal Indiana Harbor funding for its No. 7 Blast Furnace Gas Flare Capture project, which includes the installation of an efficient recovery boiler that uses waste blast furnace gas to produce electricity and steam onsite.

Commercial Metals to Realign Organization

11 November 2009 - Commercial Metals Co. has announced a realignment in its segment reporting structure within its major operational units, the CMC Americas Division and the CMC International Division, effective December 1.

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