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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

NS GROUP HEADLINES

Steel Producers / NS Group
Latest News:
Ipsco Adjusts 4th Quarter Earnings Guidance
Dec. 29, 2006 - Dec. 29, 2006 — Ipsco Inc. has revised its outlook for the fourth quarter, estimating that earn
Ipsco Completes Acquisition of NS Group
Dec. 4, 2006 - Dec. 4, 2006 — Ipsco Inc. announced the completion of its
NS Group Reports 3rd Quarter Results
Oct. 31, 2006 - Oct. 31, 2006 — NS Group, Inc. reported net income of $22.4 million on net sales of $184.1 mill
Ipsco Reports Record Quarterly Earnings
Oct. 25, 2006 - Oct. 25, 2006 — Ipsco Inc. announced record net income of $197.1 million on record sales of $99
Ipsco-NS Group Merger Clears First Hurdle
Oct. 18, 2006 - Oct. 18, 2006 — Ipsco Inc. and NS Group, Inc. have reached the end of the waiting period under
Ipsco to Acquire NS Group
Sep. 11, 2006 - Sep. 11, 2006 — Ipsco Inc. and NS Group, Inc. jointly announced that they have entered into a d
NS Group Reports 2nd Quarter Results
Aug. 1, 2006 - Aug. 1, 2006 — NS Group, Inc. announced net income of $32.0 million on record net sales of $192
NS Group Acquires Premium Connection Business
Jul. 25, 2006 - July 25, 2006 — NS Group, Inc. has purchased the business and assets of
NS Group to Expand Seamless Tube Capacity
Jul. 12, 2006 - July 12, 2006 — NS Group’s board of directors has approved capital projects totaling $98.
NS Group Finishing Facility Workers Approve New Labor Contract
May 15, 2006 - May 15, 2006 — Hourly employees at NS Group’s Oklahoma finishing facility have approved a new five-year labor agreement. Rene J. Robichaud, President and CEO state
NS Group Reports 3rd Quarter Results
Oct. 25, 2005 - NS Group, Inc. announced net income of $30.8 million on net sales of $139.9 million for the third quarter, and net income of $87.3 million on net sales of $446.7 million for the nine months ended September 30, 2005.
Koppel Steel's Baytown Finishing Facility Survives Hurricane Rita
Sep. 27, 2005 - NS Group, Inc. announced that its finishing facility located in Baytown, Texas, was found to be relatively undamaged.
NS Group Reports Record 2nd Quarter Results
Jul. 26, 2005 - NS Group, Inc. reported record net income of $37.2 million on record net sales of $167.8 million for the quarter, and net income of $56.6 million on net sales of $306.8 million for the six months ended June 30, 2005.
Newport Steel Employees Approve New Labor Contract
May 5, 2005 - NS Group, Inc. announced that hourly employees of Newport Steel, the company's welded tubular operation located in Kentucky, approved a new four-year labor agreement.
USWA Okays Labor Contract Extension at Koppel Steel
Apr. 6, 2005 - Hourly employees of NS Group, Inc.'s seamless tubular operation, located in Pennsylvania, voted to extend their 57-month labor agreement that was scheduled to expire in 2007.
NS Group Clarifies Standard & Poors Rating Announcement
Mar. 1, 2005 - NS Group, Inc. requested Standard & Poors to cancel its service to provide ongoing coverage in order to save annual fees. The company states that it lacks the need for a debt rating because it has no outstanding long-term debt.
NS Group President Adopts 10b5-1 Plan
Feb. 11, 2005 - NS Group, Inc.’s President and CEO, Rene J. Robichaud, has adopted a plan to sell 175,000 shares of NS Group common stock to be acquired through the exercise of stock options. The plan represents 55% of the aggregate of stock options and common stock owned by Mr. Robichaud and will continue through December 2005. The plan will diversify his asset portfolio and offer transparency to NS Group shareholders.
NS Group Reports Record Annual Results
Feb. 9, 2005 - NS Group, Inc. announced net income of $24.3 million on net sales of $151.2 million for the fourth quarter and record net income of $74.6 million on net sales of $467.3 million for the year ended December 31, 2004.
NS Group Reports Record Consecutive Quarterly Results
Oct. 27, 2004 - NS Group, Inc. announced record net income of $24.7 million on record net sales of $122.1 million for the quarter ended September 30, 2004.
NS Group President Adopts 10b5-1 Plan
Aug. 16, 2004 - NS Group, Inc.’s President and CEO, René J. Robichaud, has adopted a plan to sell common stock of NS Group to be acquired through the exercise of stock options. The plan applies to up to 40% (approximate) of the aggregate of the stock options and common stock owned by Mr. Robichaud and will continue through December 2005. The plan will diversify his asset portfolio and offer transparency to NS Group shareholders.
NS Group Reports Record 2nd Quarter Earnings
Jul. 27, 2004 - NS Group, Inc. announced net income of $20.6 million on net sales of $109.4 million for the quarter ended June 30, 2004.
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