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Universal Stainless

Latest News

Universal & Stainless Alloy Announces New President and CEO

27 December 2007 - Universal Stainless & Alloy Products names Dennis Oates President and CEO, replacing founder Mac McAninch as Chairman and Ken Matz as President.

Universal Stainless Reaches Labor Agreement with Dunkirk Employees

06 November 2007 - Universal Stainless & Alloy Products subsidiary Dunkirk Specialty Steel reaches a new five-year collective bargaining agreement with Dunkirk hourly employees represented by USW Local 2693.

Expired Contract Doesn’t Stop Universal Stainless Dunkirk Workers

02 November 2007 - While negotiations for a new labor contract are underway, hourly employees at Universal Stainless & Alloy Products’ Dunkirk Specialty Steel subsidiary will continue to work under terms of the previous collective bargaining agreement, which expired at midnight on October 31, 2007.

Universal Stainless Reports 3rd Quarter Results

25 October 2007 - Universal Stainless & Alloy Products reports net income of $5.5 million on sales of $62.0 million for the third quarter, and net income of $18.1 million on sales of $180.3 million for the first nine months of 2007.

Universal Stainless Announces New Addition to Board

22 October 2007 - Universal Stainless & Alloy Products announces that Dennis M. Oates has joined the company's Board of Directors, filling the independent Board seat left vacant by the retirement of George Keane in May.

OSHA Cites Universal Stainless & Alloy for Safety and Health Violations

02 October 2007 - OSHA is proposing $126,500 in penalties for alleged safety and health violations at Universal Stainless & Alloy Products.

Universal Stainless Announces Tool Steel Base Price Increase

10 September 2007 - Universal Stainless & Alloy Products will increase base prices by 5 to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities.

SSINA Study Details Chinese Government Support of Stainless Industry

11 April 2007 - A new study just issued by the Specialty Steel Industry of North America (SSINA) reveals that the government of China has a policy of conferring preferred status on the stainless steel industry, and providing it with a wide range of preferential treatment programs and direct subsidies.