Steel Technologies
Steel Technologies, headquartered in Louisville, Ky., is a flatrolled steel processor in North America. It is owned as a 50:50 joint venture between Nucor Corp. and Mitsui & Co. (U.S.A.).
Latest News
Steel Technologies to Purchase Kasle Steel
14 April 2006 -
Steel Technologies Completes Sale of Subsidiary to American Railcar
04 April 2006 - April 4, 2006 — Steel Technologies Inc. has completed the previously announced sale of its Custom Steel, Inc. subsidiary to American Railcar Industries, Inc.
Steel Technologies Completes Sale of Subsidiary to American Railcar
04 April 2006 - April 4, 2006 — Steel Technologies Inc. has completed the previously announced sale of its Custom Steel, Inc. subsidiary to American Railcar Industries, Inc.
Steel Technologies Confirms 2nd Quarter Outlook
30 March 2006 -
American Railcar to Purchase Steel Technologies Subsidiary
28 March 2006 -
Steel Technologies Reports First Quarter Results
25 January 2006 -
Steel Technologies Adjusts First Quarter Outlook
05 January 2006 -
Steel Technologies Adjusts First Quarter Outlook
05 January 2006 -
Harbinger Capital Partners Seeks to Replace Ryerson Directors
03 January 2006 -
Steel Technologies Files Annual Report on Form 10-K
12 December 2005 - Steel Technologies Inc. reported that it is filing its Annual Report on Form 10-K for fiscal 2005, which reflects a non-cash adjustment from its November 1, 2005 preliminary release to increase deferred tax liabilities as of September 30, 2005.
Steel Technologies Reports Year-End Results
02 November 2005 - Steel Technologies Inc. reported net income of $1.5 million on sales of $204.4 million for the fourth quarter, and record net income of $37.1 million on record sales of $1.0 billion for the fiscal year ended September 30, 2005.
Steel Technologies Plans New Steel Processing Facility in Mexico
17 October 2005 - Steel Technologies Inc. has signed a formal letter of intent to secure land as part of its plan to construct and operate a new steel processing facility in Juarez, Mexico.
Steel Technologies Amends, Extends Unsecured Credit Facility
13 October 2005 - Steel Technologies Inc. has amended and extended a $135 million Unsecured Revolving Credit Facility with its existing syndicated banking group.
Steel Technologies Downgrades 4th Quarter Outlook
29 September 2005 - Steel Technologies Inc. announced that it expects results for the fourth quarter ending September 30, 2005, to reflect lower-than-anticipated shipments and further margin compression.
Steel Technologies Reports 3rd Quarter Results
20 July 2005 - Steel Technologies Inc. reported net income of $5.7 million on sales of $256.4 million for the third quarter, and record net income of $35.5 million on record sales of $797.4 million for the nine months ended June 30, 2005.
Steel Technologies Discusses 3rd Quarter Outlook
24 June 2005 - Steel Technologies Inc. expects results for the third fiscal quarter to reflect lower-than-anticipated shipments and further margin compression.
Steel Technologies Reports Record Quarterly Sales and Net Income
20 April 2005 - Steel Technologies Inc. reported net income of $15.4 million on record sales of $287.0 million for the second fiscal quarter of 2005 ended March 31, 2005.
Steel Technologies Anticipates Record Q2 Sales and Earnings
23 March 2005 - Steel Technologies Inc. expects its results for the second fiscal quarter to reflect continued significant increases in sales throughout its operations.
Steel Technologies Reports Record 1st Quarter Results
25 January 2005 - Steel Technologies Inc. reported record net income of $14.5 million on record sales of $254.0 million for the first fiscal quarter of 2005 ended December 31, 2004.
First Quarter Outlook Strong for Steel Technologies
05 January 2005 - Steel Technologies Inc. expects results for the first fiscal quarter to reflect continued substantial increases in volume and sales through its operations.
