Open / Close Advertisement

Producers

The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

CSN

CSP

ISG

JFE

LTV

MMK

OMK

TMK

Latest News

U. S. Steel Vice Chairman Roy Dorrance to Retire

07 September 2004 - United States Steel Corp. announced that Roy G. Dorrance, Vice Chairman, has elected to retire at the end of September.

Allegheny Technologies Elects Two Board Members

03 September 2004 - Allegheny Technologies Inc. announced that Michael J. Joyce and Louis J. Thomas have been elected to the company's Board of Directors.

Worthington to Acquire Cylinder Assets of Western Industries

03 September 2004 - Worthington Industries, Inc. has signed a purchase agreement to acquire the propane and specialty gas cylinder assets of Western Industries, Inc.

Stelco to Demolish D Blast Furnace

03 September 2004 - Stelco Inc. will demolish its D Blast Furnace using explosives this Sunday, September 5, 2004. Built in the early 1950s, the approximately 250 foot high D Blast Furnace has been idle since 2000.

Ipsco Completes Red Deer Pipe Finishing Expansion

03 September 2004 - Ipsco Inc. has successfully commissioned its second pipe finishing facility at its Red Deer, Alberta Pipeworks.

Timken Latrobe to Modify Specialty Steel Pricing Policies

02 September 2004 - Timken Latrobe Steel announced it would change two pricing policies on all remelted aerospace alloy steel grades.

AK Steel Announces Stainless Steel Price Increase

02 September 2004 - AK Steel announced will increase the gauge and width extras for certain 200, 300 and 400 series stainless steel sheet products. The increase will be effective with shipments on and after September 13, 2004.

Stelco to Sell Stelfil Ltee

02 September 2004 - Stelco Inc.’s Board of Directors has elected to pursue the sale of Stelfil Ltée.

Pro-Tec Earns ISO/TS 16949 Quality Recognition

01 September 2004 - SRI Quality System Registrar recently awarded an ISO/TS 16949 Quality Management System certificate and an ISO 9001:2000 Quality Management System certificate to Pro-Tec Coating Co., Leipsic, Ohio.

Danieli Frohling Starts up Polishing Devices for TKN

01 September 2004 - Danieli Fröhling recently installed four SHD-PD 1000 new-generation polishing devices, including a dust exhaust system, for the skinpass mill at Thyssen Krupp Nirosta (TKN) in Düsseldorf.

VA Tech Sells Wabag Fluidized Bed Business to Andritz

01 September 2004 - The listed VA Tech announced the sale of Wabag’s Fluidized Bed Business Area to the Andritz technology group.

Ispat Iscor to Contest Solidarity Action

01 September 2004 - Ispat Iscor confirmed that it had been served with court papers by the Solidarity trade union, and that the company would file opposing papers on the matter in due course.

Management Buyout at SWB Stahlformguss

01 September 2004 - SWB Stahlformguss GmbH, Germany, has been sold to CEO Bruno Mayer and authorized officer Wolfgang Callies in a management buyout. Norddeutsche Private Equity GmbH in Hamburg, Germany, has also acquired an interest in the company as a financial investor. The sale was effective September 1, 2004.

Ispat Iscor Adjusts Flat Steel Prices

01 September 2004 - Ispat Iscor announced that it will adjust domestic prices on certain steel products by 2.5 to 8% in line with international price movements. The price adjustments will be effective from November 2004.

Severstal Selects Broner for Production Planning Project

01 September 2004 - Broner Metals Solutions has been awarded a contract by Severstal to carry out a business process re-engineering (BPR) project for production planning at its plant in Cherepovets, Russia.

Management Changes at Ispat Iscor

01 September 2004 - Ispat Iscor has made excellent progress in recent years to establish itself as a premier global steel producer. With the support of its major shareholder, LNM Holdings NV, Ispat Iscor has delivered substantial sustainable audited cost savings exceeding ZAR 1,412 billion through the Business Assistance Agreement. This has contributed to a significant turnaround in the fortunes of the company, reflected in the recent interim results where an operating profit of ZAR 2.9 billion was reported.

VAI to Supply Vacuum Degasser to Companhia Siderurgica

01 September 2004 - VAI-MS has been contracted to provide a vacuum degassing plant to Brazilian steel producer Companhia Siderúrgica, an Arcelor Group company. The order is valued at approximately EUR 29 million.

Belgo Mineira Starts up New Danieli Steelmaking Plant and Bar Mill

01 September 2004 - Belgo Mineira in Piracicaba, Brazil, is operating a new state-of-the-art Danieli steelmaking plant.

Schnitzer Steel Third Quarter Segment Analysis

01 September 2004 - Metals Recycling Business—The Metals Recycling Business's third quarter 2004 operating income amounted to $32.5 million, representing an improvement of 221% over the third quarter of last year. The increase was primarily driven by higher selling prices and sales volumes. Ferrous metal sales prices averaged a record $237 per ton during the recent quarter, which compares to $133 per ton reported in last year's third quarter and $158 per ton recognized in the second quarter of fiscal 2004. Many of the sales reported in the third quarter of fiscal 2004 were the result of orders taken late in the second quarter when market selling prices for ferrous metals rose to record levels. Third quarter 2004 sales volumes amounted to 445,000 tons, which were 3% higher than the volume shipped in the third quarter of fiscal 2003.

AISI Receives First Royalties from Hot Strip Mill Model Sales

31 August 2004 - The American Iron and Steel Institute (AISI) recently received its first royalties from sales of the Hot Strip Mill Model (HSMM). The model is one of several commercially licensed technologies developed under AISI’s Advanced Process Control program, a collaborative effort among steelmakers and the U.S. Department of Energy (DOE) to put breakthrough technologies on the plant floor.

Page 495 of 521