Producers
The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.
Latest News
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.
AK Steel Supports Emergency Relief Efforts in Haiti
25 January 2010 - AK Steel donates $100,000 through its foundation to help support emergency relief efforts in Haiti. The company's donation was split equally between Doctors Without Borders and the American Red Cross.
ArcelorMittal Kryvyi Rih Recognized for Environmental Protection
21 January 2010 - ArcelorMittal Kryvyi Rih has been named Environment Protection Leader 2009 within the “Ecology, environment, and nature management Ukraine” national project, for consistently introducing modern environmentally friendly technologies and equipment.
Nucor Foundation Reaches New Milestone in Support of Education
20 January 2010 - Nucor’s Nucor Foundation celebrates a new milestone support of education by awarding $4.4 million in scholarships to nearly 2000 students.
Latrobe Specialty Steel Wins AIST Award for VIM-VAR Expansion
19 January 2010 - The Association for Iron & Steel Technology will present Latrobe Specialty Steel with its 2009 Project Excellence award for the company’s VIM-VAR expansion project.
Kobe Steel Begins Production using ITmk3 Process
18 January 2010 - The world's first commercial plant using Kobe Steel’s ITmk3 process successfully began production of iron nuggets in the United States on January 12. Production is expected to reach the facility's annual design capacity of 500,000 tonnes in mid-2010.
Severstal to Restart Martins Ferry Coating Line
18 January 2010 - Severstal NA recently announced that the Martins Ferry, Ohio, coating line of Severstal Wheeling will return to operation on January 25. The number of recalled employees will vary from week to week based on order entry levels.
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