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Latest News:
ArcelorMittal Files Suit against Esmark/E2
May 9, 2008 - ArcelorMittal has filed suit against Esmark Inc., E2 Acquisition, seeking in excess of $540 million for breach of its contract to purchase Sparrows Point.
Steel Dynamics Subsidiary to Acquire Recycle South
May 9, 2008 - Steel Dynamics’ wholly owned subsidiary OmniSource executes a definitive agreement to acquire the remaining equity interests in Recycle South.
California Steel to Shuffle Top Management
May 9, 2008 - California Steel Industries announces several changes to its top management staff, including the appointment of Vicente Wright to serve as President and CEO, and Masakazu Kurushima to serve as Chairman of the Board.
Siemens Modernizes Coke-Oven By-Product Plant for Isdemir
May 9, 2008 - Siemens Metals Technologies completes the expansion and modernization of a coke-oven by-product plant for Turkish steel producer Isdemir.
Tube City IMS Ecorse Facility Recertified to ISO 9001:2000
May 9, 2008 - The Tube City IMS facility in Ecorse, Mich., retains its ISO 9001:2000 quality system certification after passing its quality system surveillance audit.
Severstal Completes Acquisition of Sparrows Point
May 8, 2008 - OAO Severstal completes its acquisition of the Sparrows Point integrated steel mill from ArcelorMittal for US$810 million, net of debt.
Kocks to Supply Reducing & Sizing Block for Republic’s Lackawanna Mill
May 8, 2008 - Kocks Pittsburgh will supply a 3-roll Reducing & Sizing block for Republic Engineered Steel’s modernization of their mill in Lackawanna, N.Y.
Steel Import Permit Applications Jump 14% in April
May 8, 2008 - Steel import permit applications totaled 2,911,000 net tons for the month of April, a 14% increase from the 2,546,000 permit tons recorded in the previous month, March 2008.
AK Tube Honored for Perfect Safety Record
May 8, 2008 - The Fabricators & Manufacturers Association, International has awarded AK Tube’s Columbus, Ind., plant its Safety Award of Honor for having no recordable illnesses or injuries in 2007.
JFE Steel to Boost Coal Output in Australia
May 8, 2008 - JFE Steel and JFE Shoji Trade have agreed with their joint venture partners to significantly expand production at the Carborough Downs coal mine in Queensland, Australia.
Esmark Receives Financing Package from Essar Steel Holdings
May 7, 2008 - Essar Steel Holdings completes a new $31 million term loan facility to its wholly owned subsidiary Esmark Steel Services Group and refinancing of the existing $79 million Government guaranteed Wheeling-Pittsburgh Steel term loan.
AISI Honors Andrew Sharkey with 2008 Gary Memorial Medal
May 7, 2008 - The American Iron and Steel Institute awards Andrew G. Sharkey III as the 2008 recipient of the Institute’s Gary Memorial Medal.
ITC to Conduct Sunset Review of Steel Reinforcing Bar from Turkey
May 7, 2008 - The U.S. International Trade Commission votes to conduct a full five-year sunset review of an antidumping duty order on steel concrete reinforcing bar from Turkey.
AK Steel Announces June 2008 Surcharges for Electrical Steels
May 7, 2008 - AK Steel will add a $640 per ton surcharge to invoices for electrical steel products shipped in June 2008.
Parsytec to Supply 2nd Surface Inspection System for SeverStal NA
May 7, 2008 - Parsytec AG will supply a second hot mill surface inspection system for SeverStal North America’s facility in Dearborn, Mich.

 

 

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