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Latest News:
Gerdau Ameristeel Announces Record 1st Quarter Earnings
May 13, 2008 - Gerdau Ameristeel reports net income of $163.0 million on net sales of $2.0 billion for the three months ended March 31, 2008.
Russel Metals Reports 1st Quarter Earnings
May 13, 2008 - Russel Metals reports net earnings of $29.2 million on consolidated revenues of $712 million for the first quarter of 2008.
Siemens to Supply Equipment, Drives, Automation for Posco Process Lines
May 13, 2008 - Siemens Metals Technologies will supply special equipment, drives and the automation system for a cold-strip annealing, pickling and finishing line at Posco’s Pohang plant.
Esmark Responds to ‘Frivolous’ ArcelorMittal Lawsuit
May 12, 2008 - Esmark indicates surprise and disappointment in response to ArcelorMittal’s suit against Esmark and E2 Acquisition for breach of their contract to purchase the Sparrows Point steelmaking facility.
Workers, Management Locked in Stalemate at Latrobe Specialty Steel
May 12, 2008 - Workers from Latrobe Specialty Steel are locked out after management rejects the offer submitted last Thursday, My 8 be members of United Steelworkers Local 1537.
Vallourec Confirms Acquisition of Tubular Businesses from Grant Prideco
May 12, 2008 - Vallourec announces the granting of all necessary regulatory approvals for its acquisition of the Atlas Bradford Premium Threading, TCA, and Tube-Alloy businesses from Grant Prideco.
Esmark Settles Lawsuit with Herman Strauss
May 12, 2008 - Esmark confirms settlement of litigation pending between its Esmark Steel Service Group and Herman Strauss, Inc. over scrap purchased by Wheeling-Pittsburgh Steel.
Corus IJmuiden Launches New Zinc-Based Hot-Dip Coating
May 12, 2008 - International steel producer Corus is to launch a new hot-dip zinc-based metallic coating with superior corrosion properties and the potential to significantly decrease coating thickness.
BlueScope Steel Confirms Stronger Outlook in Second Half of 2008
May 12, 2008 - BlueScope Steel confirms that it remains on target for a stronger second half, and advises the market of changes to its external reporting business segments.
Siemens to Equip New Process Line for BlueScope Indonesia
May 12, 2008 - Siemens Metals Technologies will equip a new integrated zinc-coating and painting line at PT BlueScope Steel’s Cilegon site, the only production facility in Indonesia that produces coated and painted steel products.
ArcelorMittal Files Suit against Esmark/E2
May 9, 2008 - ArcelorMittal has filed suit against Esmark Inc., E2 Acquisition, seeking in excess of $540 million for breach of its contract to purchase Sparrows Point.
Steel Dynamics Subsidiary to Acquire Recycle South
May 9, 2008 - Steel Dynamics’ wholly owned subsidiary OmniSource executes a definitive agreement to acquire the remaining equity interests in Recycle South.
California Steel to Shuffle Top Management
May 9, 2008 - California Steel Industries announces several changes to its top management staff, including the appointment of Vicente Wright to serve as President and CEO, and Masakazu Kurushima to serve as Chairman of the Board.
Siemens Modernizes Coke-Oven By-Product Plant for Isdemir
May 9, 2008 - Siemens Metals Technologies completes the expansion and modernization of a coke-oven by-product plant for Turkish steel producer Isdemir.
Tube City IMS Ecorse Facility Recertified to ISO 9001:2000
May 9, 2008 - The Tube City IMS facility in Ecorse, Mich., retains its ISO 9001:2000 quality system certification after passing its quality system surveillance audit.

 

 

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