Steel News is a publication of the Association for Iron and Steel Technology.

ROANOKE ELECTRIC STEEL HEADLINES

Steel Producers / Roanoke Electric Steel

Latest News:

Roanoke Electric Steel Reports Record Year-End Results
Jan. 5, 2006 - Jan. 5, 2006 — Roanoke Electric Steel Corp. reported net earnings of $17,488,418 on sales of $141,034,800 for the fourth quarter, and record net earnings of $40,319,433 on record

Steel Dynamics Upgrades Fourth Quarter Outlook
Dec. 19, 2005 - Steel Dynamics, Inc. announced it anticipates stronger fourth quarter results than previously expected, with fourth quarter 2005 earnings per diluted share expected to be in the range of $1.20 to $1.25.

Steel Dynamics to Acquire Roanoke Electric Steel
Oct. 19, 2005 - Steel Dynamics, Inc. and Roanoke Electric Steel Corp. have announced their agreement to a merger in which SDI will acquire Roanoke.

Roanoke Electric Steel Declares 187th Consecutive Dividend
Jul. 21, 2005 - Roanoke Electric Steel Corp.’s Board of Directors declared the 187th consecutive quarterly common stock cash dividend in the amount of 11 cents per share. The decision was made at a regular meeting held on July 19, 2005.

Roanoke Electric Steel Reports 2nd Quarter Results
Jun. 8, 2005 - Roanoke Electric Steel Corp. reported net earnings of $6,582,181 on sales of $137,868,454 for the second quarter ended April 30, 2005.

Roanoke Electric Steel Adjusts Fuel Surcharge
Mar. 18, 2005 - Roanoke Electric Steel Corp. has informed its customers that it will increase its fuel surcharge from 8 to 12%, effective with shipments on Monday, March 21.

Roanoke Electric Steel Reports Record 1st Quarter Results
Mar. 8, 2005 - Roanoke Electric Steel Corp. reported record first quarter net earnings of $9,185,874 on sales of $131,309,983 for the period ended January 31, 2005.

Roanoke Electric Announces Sale of Subsidiary Assets
Jan. 28, 2005 - Roanoke Electric Steel Corp.’s Resco Steel Products Corp. subsidiary has sold its reinforcing bar assets to Rockingham Steel, Inc., a reinforcing bar fabricator located in Harrisonburg, Va. Terms of the transaction were not announced.

Roanoke Electric Steel Reports Record Year-End Results
Dec. 10, 2004 - Roanoke Electric Steel Corp. reported record net earnings of $15,932,971 on record sales of $143,728,167 for the fourth quarter, and net earnings of $30, 446,248 on sales of $479,377,188 for the fiscal year ended October 31, 2004.

Roanoke Electric Steel Raises Dividend Rate
Oct. 20, 2004 - Roanoke Electric Steel Corp.’s Board of Directors declared the 184th consecutive quarterly common stock cash dividend in the amount of 11 cents per share.

Roanoke Electric Steel Reports Record 3rd Quarter Results
Aug. 27, 2004 - Roanoke Electric Steel Corp. reported net earnings of $7,757,545 on record sales of $129,443,989 for the third quarter ended July 31, 2004.

Roanoke Electric Steel Announces Executive Elections
Jul. 23, 2004 - At a recent meeting of Roanoke Electric Steel Corp.’s Board of Directors, William M. Watson Jr. was elected General Counsel and Secretary, effective August 2, 2004. Watson, 49, replaces T. Joe Crawford as Corporate Secretary.

Roanoke Electric Steel Elects President
Jun. 25, 2004 - Roanoke Electric Steel Corp. announced that T. Joe Crawford has been elected President/Chief Operating Officer of the company.

Roanoke Electric Steel Reports 2nd Quarter Results
Jun. 9, 2004 - Roanoke Electric Steel Corp. reported net earnings of $5,222,056 on record sales of $118,949,522 for the second quarter and net earnings of $6,755,732 on sales of $206,205,032 for the six months ended April 30, 2004.

View Current Articles