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 Completes Private Placement
27 October 2004 - Steel Technologies Inc. has successfully issued $50 million of unsecured Senior Notes through a private placement arranged by SunTrust Robinson Humphrey.
Steel Technologies Anticipates Record 4th Quarter Results
28 September 2004 - Steel Technologies expects to report record volume, sales, and earnings for the fourth quarter ending September 30, 2004.
Steel Technologies Announces New Credit Facility
08 September 2004 - Steel Technologies Inc. has entered into a five-year, $135 million Unsecured Revolving Credit Facility with its existing syndicated banking group. The new credit facility replaces a $151 million unsecured credit facility that was scheduled to mature on August 31, 2005. The transaction became effective September 2, 2004, and will mature on September 2, 2009.
Steel Technologies Reports Record 3rd Quarter Results
20 July 2004 - Steel Technologies Inc. reported record net income of $10.5 million on record sales of $232.0 million for the third quarter, and record net income of $19.8 million on record sales of $547.7 million for the nine months ended June 30, 2004.
Steel Technologies Added to Russell 2000 Index
07 July 2004 - Steel Technologies Inc. announced that it has been added to the Russell 2000 Index(R) as part of the annual reconstitution of that index.
Steel Technologies Raises Third Quarter Expectations
28 June 2004 - Steel Technologies Inc. expects its results for the third fiscal quarter to reflect continued substantial increases in volume through its operations.
ISG Announces Starting Lineup for Newly Acquired ISG Weirton
04 June 2004 - With the closing of the Weirton Steel Acquisition, ISG became North America’s largest integrated steel producer. Following the acquisition, ISG President Rodney Mott recently announced the reassignment of several members of the current ISG management team and appointment of several new members.
Steel Technologies Reports Record Sales and Net Income
19 April 2004 -
Steel Technologies Announces Sale of Over-Allotment Shares
01 April 2004 -
Steel Technologies Prices Offering of Common Stock
26 March 2004 -
Steel Technologies Revises Second Quarter Earnings Forecast
25 March 2004 -
Steel Technologies Reports 1st Quarter Results
21 January 2004 -
Steel Technologies Upgrades First Quarter Earnings Expectations
06 January 2004 -
