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Latest News:
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California Steel Reports Q3 2010 Results
Oct. 26, 2010 - California Steel Industries, Inc. reported third-quarter net income of $2.0 million for the period ended September 30, 2010. Sales revenues for the quarter are $313.9 million on shipments of 365,608 net tons, 50% higher than third quarter 2009's 244,417 net tons.
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California Steel Industries Reports Q2 2010 Results
Jul. 22, 2010 - California Steel Industries, Inc. reported second-quarter net income of $18.5 million for the period ended June 30, 2010. Sales revenues for the quarter are $301.7 million on shipments of 363,127 net tons. The figures represent significant increases compared to the same period a year ago.
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California Steel Industries Posts Improved Q1 Results
Apr. 21, 2010 - California Steel Industries reports sales revenues of $232.7 million for the period ended March 31, 2010, compared to $147.1 million for the year-ago first quarter. Net income for the period is $10.4 million, an improvement from last year's net loss of $15.3 million in the first quarter.
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California Steel Reports Profitable 3rd Quarter
Oct. 29, 2009 - California Steel reports net income of $7.4 million on net sales of $147 million for the third quarter and a net loss of $10.8 million on net sales of $398.2 million for the nine months ended September 30, 2009.
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California Steel Reports 2nd Quarter 2009 Results
Aug. 12, 2009 - California Steel Industries reports a net loss of $2.8 million on sales of $104.2 million for the second quarter, and a net loss of $18.2 million on net sales of $251.3 million for the six months ended June 30, 2009.
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California Steel Reports 3rd Quarter Results
Nov. 5, 2008 - California Steel Industries reports net income of $35.5 million on net sales revenue of $440.8 million for the third quarter, and net income of $89.4 million on net sales revenue of $1.24 billion for the nine months ended September 30, 2008.
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California Steel Reports 2nd Quarter Results
Jul. 16, 2008 - California Steel reports net income of $44.2 million on sales revenues of $431.1 million for the second quarter, and net income of $53.8 million on sales revenues of $800.3 million for the six months ended June 30, 2008.
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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.
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California Steel Reports Year End 2007 Results
Feb. 7, 2008 - California Steel reports a net loss of $12.2 million on sales of $297.0 million for the fourth quarter, and a net loss of $906,000 on net sales of 1.28 billion for the year ended December 31, 2007.
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California Steel Reports 3rd Quarter Results
Oct. 17, 2007 - California Steel Industries reports net income of $1.8 million on sales of $335.4 million for the third quarter, and net income of $11.3 million on sales revenues of $985.9 million for the nine months ended September 30, 2007.
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California Steel Reports 2nd Quarter 2007 Results
Jul. 31, 2007 - California Steel Industries reports net income of $8.2 million on sales of $335.8 million for the second quarter, and net sales of $9.5 million on net sales of $650.5 million for the six months ended June 30, 2007.
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California Steel to Boost Production Capacity by 50%
Jun. 6, 2007 - California Steel Industries will invest approximately $60 million in a second walking beam reheat furnace and related services that will allow the company to boost its capacity by a million tons per year.
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California Steel Reports Record Sales for 2006
Jan. 30, 2007 - Jan. 30, 2007 — California Steel Industries, Inc. reported net income of $8.4 million on sales of $309.4 million for the fourth quarter, and net income of $109.0 million on record net sales o
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California Steel Reports Strong Finish for 2005
Feb. 1, 2006 - Feb. 1, 2006 — California Steel Industries, Inc. reported net income of $12.7 million on sales of $300.8 million for the quarter, and net income of $43.4 million on sales of $1.2
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California Steel Avoids Penalty with Disclosure to EPA
Nov. 18, 2005 - California Steel Industries, Inc. was one of thirteen companies recently recognized by the U.S. EPA's Pacific Southwest Office for voluntarily disclosing and quickly correcting their federal Emergency Planning and Community-Right-to-Know Act violations.
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AIST Announces 2005-2006 Officers
Jun. 9, 2005 - June 9, 2005 — The Association for Iron & Steel Technology (AIST) announced that Richard E. O’Hara, Director of Procurement and Logistics for Carpenter Specialty Alloys, Reading, Pa, has been elected as the association’s President for 2005-2006. He replaces outgoing President Thomas C. Graham Jr., Vice President, T.C. Graham & Associates, Mason, Ohio.
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California Steel Reports Record Results for 2004
Jan. 26, 2005 - California Steel Industries, Inc. (CSI) reported net income of $35.1 million on sales of $339.8 million for the fourth quarter, and net income of $109.34 million on sales of $1.250 billion for the full year of 2004, both record results for the company, now in its twentieth year of operations.
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California Steel Reports Record 3rd Quarter Results
Oct. 18, 2004 - California Steel Industries, Inc. (CSI) reported its best quarterly results in the company's 20-year history, with net income of $46.1 million on sales of $388.6 million for the third quarter.
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ITC Finds no Injury from Light-Walled Pipe and Tube
Sep. 30, 2004 - The United States International Trade Commission (ITC) has found no real or threatened material injury associated with light-walled rectangular pipe and tube imported from Mexico and Turkey. All six Commissioners voted in the negative.
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Metals USA Announces Change in Division Leadership
Aug. 17, 2004 - Metals USA, Inc. announced that E. L. (Tom) Thompson has retired from the company effective August 13, 2004. "We thank Tom for the contributions he has made to our Company over the past five years. We wish Tom the very best," said C. Lourenco Goncalves, President and CEO of Metals USA.
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California Steel Extends Expiry for Exchange Offer
Jun. 22, 2004 - California Steel Industries, Inc. has extended the expiration date for the exchange offer to exchange its 6 1/8% Senior Notes due 2014 issued on March 22, 2004 ($150,000,000 aggregate principal amount outstanding) for 6 1/8% Senior Notes due 2014. Although the original notes had not been registered under the Securities Act of 1933, the exchange notes are registered under the Securities Act of 1933.
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