Steel News Archives

More than $51 million is on its way to a group of AK Steel retirees after the U.S. Sixth Circuit Court of Appeals ruled the company's calculation method violated federal pension laws.

U.S. Steel Corp. led gainers among a quartet of steel producers that drew positive comments from Goldman Sachs on Monday, with analysts highlighting the recent underperformance by the group along with expectations of greater demand from China in the coming year.

Tata Group is planning to produce hybrid versions of its Nano, billed as the world's cheapest car, to join in the environment-friendly trend, its chairman said in an interview with a South Korean newspaper.

Daily photos by Gary Cosby Jr. Nucor Steel's galvanized line operates in the mill on Red Hat Road.

Del Mar, CA - AirStar's proprietary CamCopter is famous for its major Hollywood films, commercials and documentaries.

Pondering the board game Pandemic instead of shopping are, from left, Amelia Koontz, 12; Susan Roscigno; Sam Roscigno, 10; and Rosemary Koontz, 9. They took part yesterday in the Columbus Area Boardgaming Society's annual After Turkey Day game festival in Worthington.

The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors.

Beijing Automotive Industry Holding Co., Merbanco Inc. and Renco Group Inc. have made approaches about General Motors Co.

Notice is hereby given that Glancy Binkow & Goldberg LLP has filed a class action lawsuit in the United States District Court for the Western District of Washington on behalf of a class consisting of all persons or entities who purchased the securities of Northwest Pipe Company between April 23, 2008 and November 11, 2009, inclusive .

BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Owens-Illinois , Gerdau , Western Digital , USG Corp , Ardea Biosciences and Monsanto and each have a high seasonal probability to go higher in the next 5 weeks.

Carpenter Technology Corporation , announced today the successful completion of a $200 million syndicated credit facility.

Natrona residents who find slag dust on their cars may soon see improvement after a pending agreement was filed in federal court Friday about slag dumping at the ATI Allegheny Ludlum steel mill in Natrona.

The federal government and the Allegheny County Health Department have sued Allegheny Ludlum Corp.

It was not surprising to see Mr. Ratan Tata, chairman of India's 14-decade old Tata Group, steal headlines last week when he said the group is in the process of formalizing a successor to him.

A AK Steel said Thursday, Nov. 19, it will increase spot market prices for its carbon steel products, effective Jan.

German steelmaker ThyssenKrupp AG said it has sold its industrial services unit North American Safway Group to a private equity company based in New York, Odyssey Investment Partners LLC.

From Staff Reports Originally published: November 16. 2009 7:30PM Last modified: November 16.

Meghatpu , Nov 20 : Maoist activists on Friday exploded a bomb in a Steel Authority of India mine here on Friday.

India Gazette Friday 20th November, 2009 Meghatpu , Nov 20 : Maoist activists on Friday exploded a bomb in a Steel Authority of India mine here on Friday.

Two passengers were killed and over 47 others injured when eight bogies of the Tata-Bilaspur passenger train derailed after Maoists blew up railway tracks in Jharkhand's West Singhbhum district on Thursday night.

Industrial services company Harsco Corp. said Thursday its board approved a 2.5 percent increase in its dividend, lifting its annual rate by 2 cents to 82 cents per share.

Two men doing maintenance on a machine were CareFlighted to Miami Valley Hospital in stable condition after being injured by a piece of machinery that fell on them at a Piqua business.

KITAKYUSHU : Nippon Steel Corporation, one of the world's largest steel producing companies, has said that its exports to India had increased in the past years.

About 15 months after selling Wheeling-Pittsburgh Steel Corp. and a string of steel service centers to Russia's OAO Severstal, Esmark Inc.

Casual dining chain Ruby Tuesday Inc. said Monday it had inked new international franchise agreements in the Middle East and the U.K. for its namesake brand.

FRANKFURT - The Associated Press Published on Monday, Nov. 16, 2009 7:04AM EST G erman steelmaker ThyssenKrupp AG said Monday it has sold its industrial services unit North American Safway Group to a private equity company based in New York, Odyssey Investment Partners LLC.

New Delhi, Nov 16 : The government plans to mop up about Rupees 29,000 crore through sale of its stakes in Steel Authority of India Ltd and National Mineral Development Corporation and hopes that the Cabinet will soon approve the disinvestment proposal, Steel Minister Virbhadra Singh said here today.

Holli Rousseau of Powell asks about the precooked turkey she is ordering for Thanksgiving at the Whole Foods store in Dublin.

Decades ago, the NBA instituted the shot clock to pick up the pace of the game. Worthington Industries wants to see whether what works in basketball can also work in manufacturing.

Northwest Pipe Co. shares tumbled Thursday after the maker of welded steel pipes said it has delayed the release of its third-quarter financial results, but that it expects to post a $1 million loss.

Friedman Industries Inc filed Quarterly Report for the period ended 2009-09-30. FRIEDMAN INDUSTRIES is engaged in the steel processing and distribution business.

AK Steel Corp. has received two serious citations and was fined more than $7,000 by OSHA in connection with an incident where a worker was severely burned when he fell into a pit of hot water at Middletown Works.

John Hayward, who runs an industrial equipment plant in Halton Hills, calls the current trade climate with the United States "intolerable." OTTAWAa 'As the poster boy for Buy American, steel industry executive Dan DiMicco is a leader in the campaign that is keeping Canadian companies from bidding on highly valuable urban renewal projects south of ...

Northwest Pipe Co. shares tumbled Thursday after the maker of welded steel pipes said it has delayed the release of its third-quarter financial results, but that it expects to post a $1 million loss.

Tokyo, Kawasaki Heavy Industries, Ltd. announced today that it has delivered a highly efficient 30 MW steam turbine generator to Kobe Steel, Ltd.

Nucor Corp. filed Quarterly Report for the period ended 2009-10-03. Nucor Corporation manufactures and sells steel products.

West Chester, OH.-AK Steel said today that it has received the 42nd Outstanding Author Award from the Galvanizers Association for a technical paper entitled 'Furnace Atmosphere Monitoring at AK Steel Coating Lines.' The award was presented at the association's annual meeting held in October in Louisville, Kentucky.

The Rs 1,100-crore project between Ispat Industries and UK-based Stemcor to set up a coke-oven plant at the domestic firm's site near Mumbai is likely to take off soon as the venture is expected to achieve financial closure by the month-end. "The project will achieve the financial closure by the end of this month.

In the summer of 2008, steel giant Nucor decided to raise some cash. It issued new shares of stock and floated some corporate bonds.

The Steel Magnolia Awards are funded by the AK Steel Foundation and recognize women of all ages who have faced personal adversity and shown strength, courage, compassion and leadership through their work in support of their communities.

Steel giant Nucor has a $2.2 billion cash hoard that it built in 2008 - and one year into the great recession, Chief Executive Daniel DiMicco is sitting on it.

Bloomberg Posted: Saturday, Nov 07, 2009 at 2335 hrs IST Updated: Saturday, Nov 07, 2009 at 2335 hrs IST : Steel Authority of India Ltd , the nation's biggest state-run producer, plans to build a 10 million metric tonne steel mill in expectation of beating ArcelorMittal for the rights to control the nation's biggest iron ore reserves.

The New York Yankees of the '50s and the Chicago Bulls and Dallas Cowboys of the '90s have one crucial element in common: consistent excellence in their organizations and performance.

China criticized Washington for imposing anti-dumping duties on Chinese-made steel pipes and launched a probe Friday of imported U.S. autos, adding to trade tensions two weeks before President Barack Obama visits Beijing.

Harsco Corp. filed Quarterly Report for the period ended 2009-09-30. Harsco Corporation is a services and engineered products company.

Wheatland Tube Co. is moving operations from its pipe plant in Sharon to another western Pennsylvania plant, and laying off 40 workers in the process.

A federal jury has awarded six former Nucor Corp. workers a total of $1.2 million in actual and punitive damages for creating a racially hostile work environment at Nucor's plant in Blytheville, Ark.

New Delhi, Nov 4 : Tata Group firm Trent Ltd today said TVS Shriram Growth Fund I has acquired a minority stake in its subsidiary firm Landmark Ltd for Rs 65 crore.

From Staff Reports Originally published: November 04. 2009 3:01AM Last modified: November 03.

Mark A. Hummer, of Upper Arlington, and his opponent were both first-time candidates.

A federal energy-efficiency project will bring millions of dollars to a Butler County company.

A third leading Chinese movie studio is aiming for a listing - this time on the New York Stock Exchange - as the country's entertainment companies turn to the capital markets to raise funds.

Russia's Izhmash Concern, the maker of the renowned Kalashnikov assault rifle, will unveil a new gun next year.

In a welcome contrast to local factory closures, a venture of manufacturing companies from the United States and South Korea has opened a $135 million East Bay plant here that will make big pipes for the energy industry.

Despite the steady flow of mostly positive economic news, topped off last week with the report that the nation had ended its longest slump in more than 60 years, it is hard to shed the worry that the recovery could stall before it did much good.

Traders work on the floor of the New York Stock Exchange Wednesday, Oct. 28, 2009.

TD Ameritrade Holding Corp fourth quarter revenues rose 1.3% to $657.9 million and net income fell 9% to $156.7 million or 26 cents a share.