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Latest News:
ArcelorMittal to Further Increase Long Products Capacity in Brazil
Aug. 8, 2008 - ArcelorMittal announces plans to further expand its long carbon steel operations in Brazil with new investments of US$1.6 billion, in addition to its announced US$1.2 billion investments to expand the Monlevade plant in Minas Gerais.
EPA and Republic Engineered Products Reach Agreement on Clean-Air Violations
Aug. 8, 2008 - The U.S. EPA reaches agreement with Republic Engineered Products on alleged Clean Air Act violations at the company's steel mill in Lorain, Ohio.
SMS Meer to Supply Seamless Tube Plant with PQF for Baosteel Subsidiary Yantai
Aug. 8, 2008 - SMS Meer will supply an 18-inch premium quality tube finishing plant for Yantai Baosteel Pipe Co.
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.
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.
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.
Tata Steel Named to Fortune’s Global 500 Companies
Aug. 7, 2008 - Tata Steel makes its first entry in the list of Global 500 Companies published by Fortune magazine.
SMS Demag to Support Second JSW Expansion Phase
Aug. 7, 2008 - Jindal South West Steel places order with SMS Demag for the extension of its steelworks and the supply of two X-Cast continuous casters.
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.
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.
Severstal Completes Esmark Acquisition
Aug. 6, 2008 - OAO Severstal completes its acquisition of Esmark Inc., which will now be known as Severstal Wheeling Holding Co.
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.
Russel Metals Reports 2nd Quarter Earnings
Aug. 6, 2008 - Russel Metals reports net earnings of $79 million on consolidated revenues of $856 million for the quarter ended June 30, 2008.
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.
AK Steel Announces September 2008 Surcharges for Electrical Steels
Aug. 6, 2008 - AK Steel will add a $1,040 per ton surcharge to invoices for electrical steel products shipped in September 2008.

 

 

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