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Latest News:
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Steel Imports Drop 23% in June Jul. 2, 2009 - Steel import permit applications totaled 810,000 net tons for the month of June, a 23% decrease from the previous month according to the latest report from the American Iron and Steel Institute (AISI).
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Schnitzer Steel Reports Third Quarter Results Jul. 1, 2009 - Schnitzer Steel reports a net loss of $1.5 million on revenues of $412 million for the fiscal third quarter, and a net loss of $42 million on revenues of $1.344 billion for the nine months ended May 31, 2009.
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NLMK Quality Management System Passes ISO-TU 16949:2002 Audit Jun. 30, 2009 - Novolipetsk Steel passes the second audit of its Quality Management System for compliance with the requirements of ISO/TU 16949:2002, which focuses on requirements for the application of ISO 9001:2002 in the automotive industry and relevant spare parts.
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Corus Plans Additional Job Cuts Jun. 26, 2009 - Citing further deterioration in steel demand, Corus announces plans to lay off up to an additional 2045 employees, building on the restructuring program the company had originally announced in January 2009.
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