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Latest News:
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Gerdau Ameristeel Reports 2nd Quarter Earnings Aug. 7, 2008 - Gerdau Ameristeel reports net income of $262.1 million on net sales of $2.5 billion for the second quarter, and net income of $425.1 million on net sales of $4.6 billion for the six months ended June 30, 2008.
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Steel Import Permit Applications Expand 9% in July Aug. 7, 2008 - Steel import applications totaled 2,916,000 net tons in July, a 9% increase from both the 2,671,000 permit tons recorded in June 2008, and the June preliminary imports total of 2,675,000 net tons.
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ThyssenKrupp Steel USA to Open Sales Office in Troy Aug. 7, 2008 - ThyssenKrupp Steel USA announces plans to open a new sales office in Troy, Mich., to serve North American manufacturers with products from its new state-of-the-art carbon steel processing facility currently under construction in Calvert, Ala.
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Steel Dynamics Realigns Organization Aug. 6, 2008 - Steel Dynamics realigns its executive management structure, with each of the company's three current executive vice presidents assuming new responsibilities for various segments of the company, supported by additional corporate management appointments.
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Nucor’s David J Joseph Company Makes Two Acquisitions Aug. 6, 2008 - Nucor subsidiary The David J. Joseph Co. signs a purchase agreement to acquire the assets of Missouri-based American Compressed Steel and substantially all the assets of Texas-based Victoria Recycling.
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AISI Announces Steel Market Development Institute Aug. 6, 2008 - The American Iron and Steel Institute announces establishment of the AISI Steel Market Development Institute, which is funded through investment from eight of North America's leading steel producers and committed to growing steel's competitive position in the North American market.
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CMC Implements QMOS 10.5 at Seguin Plant Aug. 6, 2008 - Commercial Metals’ Seguin, Texas, plant goes live with Quad Infotech’s QMOS system, making it the first mill to implement the new QMOS version 10.5.
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