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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

WCI STEEL HEADLINES

Steel Producers / WCI Steel
Latest News:
Core Installs Walking Beam Reheat Furnace for WCI Steel
Feb. 12, 2008 - Core Furnace Systems completes successful start-up of a state-of-the-art walking beam furnace for WCI Steel’s plant in Warren, Ohio.
WCI Steel Announces New CEO and President, Resumption of Operations
Dec. 6, 2007 - WCI Steel announces its new CEO and President, as well as the resumption of blast furnace operations following the Nov. 9 fire in two of the furnace's hydraulic control rooms.
WCI Steel Reports 2nd Quarter Results
Aug. 10, 2007 - WCI Steel reports a net loss of $12.5 million for the quarter and a net loss of $16.8 million for the six-month period ended June 30, 2007; results were negatively impacted by a BOF baghouse installation, and unscheduled outages in the blast furnace and BOF.
WCI CEO Retires as Earnings Expectations are Downgraded
Jul. 9, 2007 - WCI Steel announces the immediate retirement of Patrick G. Tatom from his roles as President, CEO, and a member of the Board of Directors. The company has also issued a warning statement about second-quarter earnings.
Sunoco Celebrates Start of Construction at Haverhill II Coke Plant
May 22, 2007 - Sunoco held a brick-laying ceremony at its second SunCoke Energy Heat Recovery Coke manufacturing plant in Haverhill, Ohio, which will eventually supply coke to both Severstal North America and WCI Steel.
WCI Steel Reports 1st Quarter Results
May 15, 2007 - WCI Steel reports a net loss of $4.3 million on net sales of $201.8 million for the first quarter ended March 31, 2007.
WCI Steel 4th Quarter, Eight-Month Results
Mar. 27, 2007 - March 27, 2007 — WCI Steel, Inc. announced a net loss of $1.1 million for the quarter ending December 31, 2006, and net income of $15.0 million for the eight-month period since the company em
Agencies Reach Agreement with WCI on Wildlife Protection
Feb. 16, 2007 - Feb. 16, 2007 — U.S. Environmental Protection Agency and U.S. Department of Justice have reached an agreement with WCI Steel Inc. on measures to protect migratory birds and other wildlife fro
WCI Steel Enters Long-Term Agreement with Sun Coke
Feb. 13, 2007 - WCI Steel, Inc. has entered into a long-term supply agreement with Sun Coke Co. that will provide access
Ohio Steel Producers Concerned over Imports, Health of Auto Industry
Feb. 12, 2007 - Feb. 12, 2007 — The Ohio Steel Council's third-quarter 2006 data show increases in production and shipping as compared to the same period in 2005. Although fourth-quarter 2006 figures are not
WCI Steel Reaches Agreement with EPA on RCRA Case
Dec. 19, 2006 -   Dec. 19, 2006 — WCI Steel, Inc. has reached agreement with the U.S
WCI Steel Licenses Planalytics GasBuyer Technology
Dec. 5, 2006 - Dec. 5, 2006 — WCI Steel Inc. has licensed Planalytics(R) GasB
WCI Steel Reports Net Income for Third Quarter
Nov. 7, 2006 - Nov. 7, 2006 — WCI Steel, Inc. announced net income of $11.8 million on revenues of $237.2 mill
Ohio Steel Reports Strong First Half, Uncertain Second Half
Oct. 6, 2006 - Oct. 6, 2006 — The Ohio Steel Council reports that Ohio steelmakers posted sizable increases in steel production and shipments for the first half of 2006, but have expressed conc
WCI Steel Reports Results for First Two Months
Aug. 11, 2006 - Aug. 11, 2006 — WCI Steel, Inc. announced net income of $4.3 million on revenues of $159.9 mill
WCI to Invest $29.3 Million to Reduce BOF Emissions
Jun. 23, 2006 - June 23, 2006 — WCI Steel, Inc. will spend $29.3 million to install a new baghouse system at it
WCI Steel Announces Vice President Operations
Jun. 20, 2006 - June 20, 2006 — WCI Steel, Inc. has named
WCI Steel Idles Operations to Talk Safety
Jun. 8, 2006 - June 8, 2006 — Operations at WCI Steel, Inc. were purposefully idled for up to three hours this
WCI Steel to Add Walking Beam Slab Reheat Furnace
May 10, 2006 - May 10, 2006 — WCI Steel, Inc. is investing $36.7 million in a new walking beam slab reheat fur
Noteholders Take Control of WCI Steel
May 5, 2006 - May 5, 2006 — WCI Steel Noteholders led by Harbinger Capital Partners Master Fund I, Ltd. consummated a plan of reorganization on May 1 that gave the Noteholders $100,000,000 in
WCI Steel Announces Senior Management Appointments
May 4, 2006 - May 4, 2006 — WCI Steel, Inc. announced three appointments to its senior management team. All appointments are effective immediately. WCI said that
WCI Steel Set to Emerge as Reorganized Company
Apr. 28, 2006 - April 28, 2006 — WCI Steel, Inc. announced it will emerge from Chapter 11 bankruptcy as a reorganized company on May 1. WCI’s emergence from bankruptcy reorganizati
Bankruptcy Court Confirms WCI Reorganization Plan
Mar. 31, 2006 - March 31, 2006 — A U.S. Bankruptcy Court judge has ruled in favor of the WCI Steel reorganization plan presented by a group of WCI's secured noteholders. The orders conf
PBGC Compels Renco Group to Pay WCI Steel Pensions
Mar. 30, 2006 - March 30, 2006 — The Pension Benefit Guaranty Corporation announced the successful end of its effort to prevent abandonment of the underfunded pension plan of WCI Steel Inc. of W
WCI Stakeholders Reach Agreement in Principle on Bankruptcy Plan
Mar. 16, 2006 - March 16, 2006 — The parties involved in WCI Steel's Chapter 11 case have reached an agreement
PBGC Files Claim for WCI Steel Pension Plan
Feb. 6, 2006 - Feb. 6, 2006 — The Pension Benefit Guaranty Corporation has filed suit to prevent WCI Steel&rsq
WCI Steel Noteholders and USW Reach Agreement
Nov. 18, 2005 - WCI Steel could emerge from chapter 11 bankruptcy proceedings based on the tentative agreement reached between representatives of the secured noteholders of WCI Steel and the United Steelworkers. The tentative agreement addresses a proposed collective bargaining agreement and modifications to the plan of reorganization.
Ohio Steel Producers Report First Half Results
Oct. 4, 2005 - Ohio steelmakers posted moderately strong production and shipping figures for the first half of 2005, even as the market struggled to emerge from an inventory correction that began before the end of 2004.
EPA Cites WCI Steel for Clean Air Violations
Aug. 31, 2005 - U.S. Environmental Protection Agency Region 5 has cited WCI Steel Inc. for alleged clean-air violations at the company's iron and steel plant in Warren, Ohio.
Praxair Licenses CoJet Technology for WCI Steel BOF
Aug. 30, 2005 - Praxair, Inc. has signed a licensing agreement with WCI Steel, Inc. for use of Praxair's patented CoJet(R) gas injection system in their basic oxygen furnace.
WCI Steel Files Plan of Reorganization
Aug. 17, 2005 - WCI Steel, Inc. announced that a Plan of Reorganization approved by the company's independent board of directors has been filed in the U.S. Bankruptcy Court for the Northern District of Ohio, Eastern Division.
WCI Steel Names Walsh Vice President of Operations
Jul. 15, 2005 - WCI Steel, Inc. announced today that James F. Walsh has been named Vice President—Operations, effective July 1, 2005.
WCI Steel Implements Alloy Surcharge
Mar. 4, 2005 - WCI Steel, Inc. has begun implementation of a content-based alloy surcharge.
WCI Steel Announces Vice President and CFO
Mar. 2, 2005 - WCI Steel, Inc. announced that Thomas J. Gentile has been named Vice President and Chief Financial Officer, effective immediately.
Bankruptcy Court Criticizes WCI Steel Reorganization Plans
Dec. 17, 2004 - U.S. Bankruptcy Judge Marilyn Shea-Stonum filed an opinion late Wednesday concerning confirmation of the two proposed WCI Steel, Inc. reorganization plans previously presented to the court.
WCI Steel Completes Blast Furnace Reline
Jul. 20, 2004 - WCI Steel, Inc. announced that iron production at its blast furnace has resumed after the successful completion of a $15.3 million reline.
USWA Ratifies Labor Contract with WCI Steel
Jul. 16, 2004 - United Steelworkers of America Local 1375 members have ratified a new labor agreement with WCI Steel, Inc.
WCI Steel Begins Blast Furnace Reline
Jun. 8, 2004 - WCI Steel, Inc. announced that the $15.3 million reline of its blast furnace began on schedule Friday, with the furnace expected to come back on line July 17.
Despite Volume Increases, Ohio Steelmakers Struggle with Supply Costs
Jan. 2, 2004 - Leading indicators for Ohio's steel industry are up through the first nine months of 2003, but high steelmaking supply costs are undermining earnings.
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