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Steel News Archives

Steel News Archives for October 2009

Saturday Oct 31 | GlobeNewswire

Quanex Building Products Corporation Presents at Davenport & Company Metals and Mining Conference

Quanex Building Products Corporation will participate in the Davenport & Company Metals and Mining Conference on Thursday, November 5, 2009 in New York City.

Comment?

Related Topix: Mining, Quanex

Fri Oct 30, 2009

Digital Producer

Harsco Enters China's Buoyant Construction Sector With New Joint Venture Agreement

Worldwide industrial services company Harsco Corporation announced today that it has entered into a joint venture partnership for rental scaffolding, formwork and shoring services and equipment with one of the largest construction groups in China.

Comment?

Related Topix: Mining, Harsco Corporation, World News, China

MarketWatch

Before the Bell: Chevron, NYSE Euronext, Alcatel-Lucent in focus

U.S. stock futures pointed to a slightly weaker start Friday, following the rally in the previous session on surprisingly strong third-quarter economic growth.

Comment?

Related Topix: Manufacturing, Automakers, Lucent Technologies, Telecom, Chevron Corporation, Energy, Oil & Gas, Mining, AK Steel Holding, 9, Gaming

GlobeNewswire

Harsco Receives New 10-Year, $100 Million Steel Mill Services Contract in Italy

Worldwide industrial services company Harsco Corporation announced today that its global Harsco Metals division has been awarded a new 10-year contract valued at more than $100 million over its duration to provide a range of on-site services at a major steelworks in Italy.

Comment?

Related Topix: Mining, Harsco Corporation, Italy,

Thu Oct 29, 2009

Myrtle Beach Online

Chinese vice premier visits Australia

Beijing is sending a top-level official to Australia this week for the first time since a series of rows sent relations plummeting between the Asian giant and one of its key suppliers of raw materials.

Comment?

Related Topix: World News, China, Asia, Julia Gillard, Mining, Harsco Corporation, Afghanistan

Daily Breeze

US, China talk trade as Beijing targets automakers

Geoff Butler, president of Harsco Corp., left front, and Gao Xingfu, general manager of Zhejiang Construction Investment Group, right front, shake hands during Harsco Agreement signing ceremony as U.S. Trade Representative Ron Kirk, back from left, U.S. Commerce Secretary Gary Locke and Zhejiang Provincial Governor Lu Zushan, 2nd back right, ...

Comment?

Related Topix: World News, China, Asia, Mining, Harsco Corporation, GMC GM, GMC, Automakers, General Motors

The Plain Dealer

Olympic Steel manages a small third-quarter profit of $671,000

Olympic Steel Inc. today reported a third-quarter profit of $671,000, or 6 cents a diluted share.

Comment?

Related Topix: Olympic Steel, Mining, Bedford Heights, OH

Tribune/Sunday Ledger Tribune

Death of worker results in fine from state

The Indiana Occupational Safety and Health Administration fined Steel Dynamics Inc., of Jeffersonville, $240,000 for safety violations stemming from an August incident that left one worker dead.

Comment?

Related Topix: Mining, Steel Dynamics, OSHA, Jeffersonville, IN, Law, Employment / Labor Law

Wed Oct 28, 2009

Oregonlive.com

Schnitzer Steel profits exceed analysts' forecast

Schnitzer Steel Industries Inc. shares fell more than 7 percent Tuesday after managers of the Portland company said they expected a weak first quarter.

Comment?

Related Topix: Schnitzer Steel Industries, Mining

KSDK-TV Saint Louis

Granite City steel plant furnace to be temporarily idled

United States Steel Corp. is temporarily shutting down one of the two furnaces at its southwestern Illinois plant and another in Indiana.

Comment?

Related Topix: Granite City, IL, United States Steel, Mining

Coshocton Tribune

Results show AK Steel profitable again

Helped by increased automotive demand in the wake of the government's Cash for Clunkers program, AK Steel on Tuesday posted its first quarterly profit since the third quarter last year.

Comment?

Related Topix: Mining, AK Steel Holding, Coshocton County, OH, Zanesville, OH, Cleveland Metro

ABC News

China, US's Harsco Sign Construction Joint Venture

U.S. Commerce Secretary Gary Locke delivers a speech during a breakfast meeting Wednesday Oct.

Comment?

Related Topix: Travel, China Travel, Mining, Harsco Corporation, World News, China, Agriculture, Science

Inside Bay Area

Stocks on the move: AK Steel, Boyd, Convergys, Insulet, Wynn

Shares of the following companies are having unusual moves in U.S. trading this morning.

Comment?

Related Topix: Gaming, Boyd Gaming, Mining, Convergys, Computers, AK Steel Holding, Advertising, Financial Markets, Media, Hotels, MGM Mirage

Tue Oct 27, 2009

TheStreet.com

AK Steel Shows Steep Declines

AK Steel eked out a profit in the latest quarter, surpassing Wall Street estimates, but investors sent the company's shares lower.

Comment?

Related Topix: AK Steel Holding, Mining

Earth Times

United States Steel Corporation Reports 2009 Third Quarter Results

Net loss of $303 million, or $2.11 per share Shipments of 4.2 million tons, an increase of 41 percent from second quarter 2009 Net sales of $2.8 billion, an increase of 32 percent from second quarter 2009 Year to date cash flow from operations of $118 million Maintained strong liquidity position with $1.5 billion of cash and $2.7 billion of total ...

Comment?

Related Topix: United States Steel, Mining, 9

MarketWatch

Nucor swings to loss on higher pig iron costs

Steelmaker Nucor Corp. said Thursday rising materials costs pushed it to a third-quarter loss, adding that signs of an economic rebound have yet to translate into real improvement in steel demand.

Comment?

Related Topix: Nucor, Mining

Mon Oct 26, 2009

Fox News

Stocks In Focus For Tuesday

Among the shares expected to see active trade in Tuesday's session are those of Visa Inc., McKesson Corp., and TD Ameritrade Holding Corp.

Comment?

Related Topix: Financial Markets, Visa Inc., Biotech, Medicine, Pharmaceuticals, McKesson, Household Products, Healthcare Industry, Ameritrade Holding, Investment Services, Financial Services, AK Steel Holding, Mining, Office Equipment, Avery Dennison

Sun Oct 25, 2009

ABC News

Nucor Posts 3rd Quarterly Loss in a Row

Nucor Corp., the largest U.S. steel maker by production, on Thursday reported its third quarterly loss in a row, hurt by higher material costs and weak demand for the metal.

Comment?

Related Topix: Nucor, Mining

Sat Oct 24, 2009

Herald Star Online

Nucor lists changes in senior execu.....

Nucor Corp. Chief Financial Officer Terry Lisenby will retire at the end of the year.

Comment?

Related Topix: Nucor, Mining

Osha.gov

U.S. Labor Department's OSHA levies $82,500 fine to Republic Engineered Products in Lorain, Ohio

The U.S. Department of Labor's Occupational Safety and Health Administration has cited steel mill Republic Engineered Products Inc.

Comment?

Related Topix: OSHA, Lorain, OH, Cleveland Metro, Mining

Fri Oct 23, 2009

The Hindu

SAIL gets nod for further public offer

CHENNAI: Steel Authority of India has informed BSE that the Ministry of Steel has communicated to the company 'in principle' approval of the Department of Disinvestment for further public offer equivalent to 10 per cent of existing paid-up equity capital by SAIL as well as disinvestment of equivalent size of equity held by the Government of India ...

Comment?

Related Topix: Mining

The Motley Fool

Peabody Spins a Tale of 2 Recoveries

For those companies supplying China and India with the raw materials needed to drive their resilient engines of growth, business has never been better.

Comment?

Related Topix: Mining, Peabody Energy, Posco, Manufacturing, Construction, Industrial Machines, Joy Global

The South Mississippi Sun Herald

Nucor Reports Results for Third Quarter and First Nine Months of 2009

Nucor Corporation announced today a consolidated net loss of $29.5 million, or $0.10 per diluted share, for the third quarter of 2009, compared to a net loss of $133.3 million, or $0.43 per diluted share, in the second quarter of 2009, an improvement of 78%. The results compare to net income of $734.6 million, or $2.31 per diluted share, in the ...

Comment?

Related Topix: Nucor, Mining, 9

Thu Oct 22, 2009

WXMI

Nucor, considering Louisiana site, still concerned about carbon legislation cost

The head of steelmaker Nucor Corp. indicated Thursday that the possible cost of any carbon legislation that emerges from Congress is still a key concern as the company decides whether to build a pig iron plant in Louisiana or South America.

Comment?

Related Topix: Mining, Nucor, Convent, LA

Star Tribune

Reliance Steel posts sharp drop in 3Q profit

Reliance Steel & Aluminum Co., which processes and sells products to aerospace, energy and construction companies, said Thursday its third-quarter earnings plunged 73 percent, partly due to sharply lower sales.

Comment?

Related Topix: Reliance Steel and Aluminum, Mining, Construction, International Paper, Paper

Taipei Times

China Steel to cut prices by 4.45% for December

GOOD PROSPECTS: The price reduction will be the first after three successive jumps since July, but the China market s oversupply of steel will ease with the new year By Kevin Chen STAFF REPORTER Thursday, Oct 22, 2009, Page 11 China Steel Corp , the nation s biggest steelmaker, yesterday announced it would lower domestic steel prices for December ...

Comment?

Related Topix: Mining, China, Asia, World News

Wed Oct 21, 2009

Myrtle Beach Online

Phone lines down at Georgetown Sheriff's Office; 911 OK

Telephone lines to the Georgetown Sheriff's Office are out of order and are not expected to be restored for 24 to 48 hours, Lt.

Comment?

Related Topix: Manufacturing, Ameron Internation, Chemicals, Myrtle Beach, SC, Myrtle Beach Metro, North-Myrtle-Beach, SC, Horry County, SC

Post-Standard

New Crucible owner says his company's in it for long haul

The currently idle Crucible steel mill will hire 200 workers within the first 60 days under its new owner, said Jack Jankovic, a partner in J.P. Industries Inc.

Comment?

Related Topix: Economics News, Bankruptcy, Mining

Tue Oct 20, 2009

Charlotte Business Journal

Nucor CFO Lisenby to retire

Nucor Corp. Chief Financial Officer Terry Lisenby will retire at the end of the year.

Comment?

Related Topix: Nucor, Mining

Weirton Daily Times

Mitchell C. Joseph Sr.

JOSEPH, Mitchell C. Sr., 80, of Weirton, passed away October 17, 2009, in the Valley Hospice Care Center North in Steubenville, Ohio.

Comment?

Related Topix: Weirton, WV, Mining

Mon Oct 19, 2009

Philadelphia's WB 17

Ameron restructures management team, eliminates chief operating officer job

Ameron International Corp. said Monday it has restructured its management team and eliminated the job of chief operating officer.

Comment?

Related Topix: Ameron Internation, Manufacturing, Chemicals, Pasadena, CA

DispatchPolitics

Budget cuts leave residents holding leaf bag

Four-year-old Carter Myers is a big help for his mom, Meg Myers, in clearing leaves from their yard in Lancaster.

2 comments

Related Topix: Lancaster, OH, Granville, OH, Ohio, Industrial Machines, Mining, Upper Arlington, OH, Worthington Inds, Worthington, OH

The Herald

Things To Do from October 19, 2009

A* Sharon Tube Company retirees meet at 10 a.m. Tuesday at the Sharpsville American Legion.

Comment?

Related Topix: Mining, Sharpsville, PA, Hermitage, PA, Greenville, PA, Dining, Life, Food

Newkerala.com

Probe launched into Swraj Paul's expenses at his request

London, Oct 13 : Indian-born steel tycoon Swraj Paul is to step down as Deputy Speaker of Britain's House of Lords for the duration of an expenses inquiry launched at his request, the upper chamber of parliament said.

Comment?

Related Topix: Mining

Sun Oct 18, 2009

Hartford Business

Saddling Up For Longevity

When George Washington was president, Smith-Worthington Saddlery Co. in Hartford was busy making horse saddles in Hartford.

Comment?

Related Topix: Industrial Machines, Worthington Inds, Mining

Sat Oct 17, 2009

Sic Semper Tyrannis 2005

Dr. Kiracofe and the trolls

"Per NS Saloman, haven't followed his postings with the same attention as those of the late "ms." NSS some time back claimed he lived in Europe, Portugal I think it was.

Comment?

Related Topix: Construction, Mining, NS Group

Fri Oct 16, 2009

Fool.com

POSCO's Furnaces Blaze Into Recovery

Beauty is in the eye of the beholder, and the beholder needs something to compare it to.

Comment?

Related Topix: Posco, Mining, Nucor

Safety Online

Nucor Steel Improves Worker Hearing Protection With New Howard...

Though most companies are committed to employee Hearing Conservation Programs, many still struggle to obtain a true assessment of the specific effectiveness of their efforts -- and of the individual hearing protection products they deploy -- on a worker-by-worker basis.

Comment?

Related Topix: Mining, Nucor, Huger, SC, Audiology, Medicine, Environmental Law, Law

GlobeNewswire

Harsco Signs Multi-Million Dollar Contract to Supply U.S. Asphalt Shingle Manufacturer

Worldwide industrial services company Harsco Corporation announced today the signing of a new, multi-million dollar supply contract which expands its business with a major asphalt shingle manufacturer in the United States.

Comment?

Related Topix: Harsco Corporation, Mining

Thu Oct 15, 2009

Recycling Today

Harsco Lands Contracts with Two Austrian Firms

Harsco Corp. has announced new agreements between Harsco Minerals and two of Austria's leading stainless and specialty steel producers to recycle their metalmaking slags into commercial applications.

Comment?

Related Topix: Harsco Corporation, Mining

Herald Star Online

Mingo discusses tax abat.....

An Enterprise Zone Agreement made by the state of Ohio with the former Wheeling-Pittsburgh Steel Corp.

Comment?

Related Topix: Mining

Wed Oct 14, 2009

PR-inside.com

SADIF Analytics releases new summary due diligence report for Northwest Pipe Company

Ilhavo, Portugal a ' 12/10/2009 a ' SADIF Investment Analytics, announces a new summary due diligence report covering Northwest Pipe Company .

Comment?

Related Topix: Construction, Northwest Pipe, Mining

Tue Oct 13, 2009

Bloomberg.com - Asia

Asian Stocks Gain as Yen Weakens, Brokerages Recommend JFE, Commonwealth

Asian stocks rose, driving the MSCI Asia Pacific Index to a 13-month high, as a weaker yen lifted Japanese automakers and brokerage recommendations boosted steelmakers and banks.

Comment?

Related Topix: Financial Markets, Toyota Motor, Automakers, Mining, 9, Investment Banking, Financial Services, Goldman Sachs Group, Investment Services

GlobeNewswire

Harsco Expands Its Services to UK Industrial Sector With New Acquisition

Worldwide industrial services company Harsco Corporation announced today its acquisition of Nicol UK Ltd., a multi-disciplined provider of industrial insulation services, site services, and scaffolding to major petrochemical, energy and industrial clients throughout the UK.

Comment?

Related Topix: Harsco Corporation, Mining

Mon Oct 12, 2009

Customer Interaction Solutions

BUYINS.NET: STLD, PLCM, CBSH, ATR, SPTN, MTOX Expected To Be Higher...

BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Wednesday, October 14th and determining how the stocks have performed after their last 12 quarterly, 6 quarterly and October earnings reports.

Comment?

Related Topix: CPU, Science / Technology, Financial Markets, Mining, Steel Dynamics, Telecom, Polycom, Startups, Commerce Bancshares, Financial Services

Reading Eagle/Reading Times

Carpenter's Anne Stevens resigns

Anne L. Stevens, former top ranking executive at Ford Motor Co., has resigned as chairman, chief executive officer and president of Carpenter Technology Corp., Spring Township, the company said Monday.

Comment?

Related Topix: Carpenter Technology, Metals

Sun Oct 11, 2009

NorthJersey.com

Husband, wife, both battling breast cancer

An Ohio husband and wife are both undergoing treatment for breast cancer in a case that illustrates how the disease can strike both sexes.

Comment?

Related Topix: Medicine, Health, Breast Cancer, AK Steel Holding, Mining, Monroe, OH

Sat Oct 10, 2009

MarketWatch

Emerging Markets Report: Rio Olympics light torch of investment plays

The highly coveted win by Rio de Janeiro to host the Summer Olympics in 2016 opens up a broad range of investment plays in Brazil, a market that's already surged this year on bets that the country's economic recovery will outshine many others, analysts say.

Comment?

Related Topix: South America, World News, Brazil, US Global Investors, Financial Services, Investment Services, Gerdau SA,

Fri Oct 09, 2009

MarketWatch

Latin American Markets: Brazil, Mexico poised to post weekly wins

Major equity markets in Latin America edged higher Friday as investors eyed weekly advances stemming from signs of economic stabilization and improvement in corporate results.

Comment?

Related Topix: South America, World News, Brazil, Financial Markets, 9, Spain, Gerdau SA

Salon.com

Analyst Note: AK Steel Holding shares upgraded

An analyst Friday upgraded AK Steel Holding Corp. shares, which recently have declined to the point where they offer an attractive value for investors.

Comment?

Related Topix: AK Steel Holding, Mining, West Chester, OH, Chester, OH, Financial Markets

Fox News

Deutsche Bank Upgradaes AK Steel to Buy

In an upbeat note on the U.S. steel sector, Deutsche Bank told investors Friday to buy shares of AK Steel , saying the steelmaker is an attractive acquisition candidate.

Comment?

Related Topix: AK Steel Holding, Mining, Business News

Thu Oct 08, 2009

BusinessWeek

What's Holding India Back

Spitting a fine stream of red betel-leaf juice into the knee-deep waters of his rice paddies, Subhash Mahapatra points to the line dividing his land from his neighbor's. It's not much, but his family has cultivated rice on the two acres of dark, loamy soil for generations, and Mahapatra knows of no other way to feed his children.

Comment?

Related Topix: World News, India, Asia, Posco, Outsourcing,

Daily Times

Ruby Tuesday's first quarter profit shoots up dramatically; Beall...

By Robert Norris of The Daily Times Staff Originally published: October 08. 2009 3:01AM Last modified: October 07.

Comment?

Related Topix: Ruby Tuesday, Restaurant Management, Mining, Ryerson Tull, Maryville, TN, 9

Wed Oct 07, 2009

Automotive Body Repair News

LKQ acquires Greenleaf Auto Recyclers

LKQ Corp. acquired Greenleaf Auto Recyclers LLC from Schnitzer Steel Industries .

Comment?

Related Topix: Manufacturing, Automakers, Mining, Schnitzer Steel Industries, Portland Metro

Boston.com

Amid the global economic crisis, China rises

The auto-parts maker Delphi Corp. is headquartered in Troy, Mich., in the heart of the region that made the United States the car capital of the world.

Comment?

Related Topix: World News, China, Asia, Manufacturing, Automakers, Delphi, Troy, MI, Mining, Electronics

Weirton Daily Times

Book offers glimpse into Esmark's W.....

The story of the purchase and sale of Wheeling-Pittsburgh Steel Corp. by the Bouchard brothers and their Esmark firm is the topic of a book written by Craig T. Bouchard that hit the market Monday.

Comment?

Related Topix: Mining

Seeking Alpha

Stick with STEC

Stocks discussed on the lightning round s ession of Jim Cramer's Mad Money TV Program, Monday October 5. Bullish Calls: STEC : " I feel like I am going to get hurt by this one but I know that the stock was down.

Comment?

Related Topix: Mining, Nucor, Olin Corporation, Semiconductors, ON Semiconductor, Electronics

Tue Oct 06, 2009

TheStreet.com

'Mad Money Lightning Round': Long on On Semi

Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening.

Comment?

Related Topix: Mad Money, Entertainment, Television, Financial Markets, Semiconductors, ON Semiconductor, Electronics, SimpleTech, Mining, Nucor, Olin Corporation

Mon Oct 05, 2009

WEBSPHERE Journal

WallStSense.com Fundamental & Technical Coverage of ATI, ECA, GGB, DNE, KG and HTE

Our analysts have issued free ratings reports on the following six companies: Allegheny Technologies Inc.

Comment?

Related Topix: Startups, ATI, Software, North American Scientific, Biotech, Medicine, Medical Equipment, Healthcare Industry, Oil & Gas, Energy, EnCana, Gerdau SA, King Pharmaceuticals

Sun Oct 04, 2009

PR-inside.com

SADIF Analytics releases new summary due diligence report for United States Steel Corporation

Ilhavo, Portugal a ' 28/09/2009 a ' SADIF Investment Analytics, announces a new summary due diligence report covering United States Steel Corporation .

Comment?

Related Topix: United States Steel, Mining

Sat Oct 03, 2009

GlobeNewswire

LKQ Corporation Acquires Greenleaf Auto Recyclers, LLC From Schnitzer ...

LKQ Corporation today announced that it has acquired Greenleaf Auto Recyclers, LLC from Schnitzer Steel Industries, Inc.

Comment?

Related Topix: Manufacturing, Automakers, Mining, Schnitzer Steel Industries, Ohio

Fri Oct 02, 2009

Pacific Business News (Honolulu)

Schnitzer Steel buys auto-parts stores

Schnitzer Steel Industries Inc. on Friday announced a deal with LKQ Corp. in which it will acquire six self-service used auto parts shops while selling its full-service auto parts business.

1 comment

Related Topix: Mining, Schnitzer Steel Industries, Manufacturing, Automakers, Dallas Metro, Dallas, TX

WKRC-TV Cincinnati

ALERT: Crews Fight Furnace Fire at AK Steel

TV 1906 Highland Ave Cincinnati, OH 45219 513-763-5500 Driving Directions Breaking News Hotline 579-1212 Newsroom Fax 421-3820 Viewer Comment Line 763-5599 Sales Department 763-5485 Click for Sales Staff Directory **IF YOU HAVE A QUESTION OR COMMENT FOR LOCAL 12, WKRC-TV, WE RESPECTFULLY ASK THAT YOU NOT CALL THE LOCAL 12 NEWSROOM.

Comment?

Related Topix: Fire, Mining, AK Steel Holding, Cincinnati, OH, Middletown, OH, Monroe, OH, iPhone

Middletown Journal

Crews heading to fire at AK Steel

The entire skyline of AK Steel's Middletown Works is shrouded in smoke as Middletown fire crews battle a reported blaze at the facility's blast furnace.

Comment?

Related Topix: Fire, AK Steel Holding, Mining, Middletown, OH

The Shreveport Times

From the Chamber: Retooled facility will add jobs to area

Last week, Gov. Bobby Jindal joined Northwest Pipe Co.'s Tubular Group President Bob Mahoney, Greater Bossier Economic Development Foundation, or GBEDF, President David Rockett and several local leaders to announce the revitalization of Northwest Pipe's facility in Bossier City, that has been idle for three years.

Comment?

Related Topix: Construction, Mining, Northwest Pipe, US Politics, US News, Bobby Jindal, Republican, US House of Representatives

Thu Oct 01, 2009

Reading Eagle/Reading Times

Suspected shoplifter arrested after leap from Route 12 overpass in Muhlenberg Township

A shoplifter ran from the Fairgrounds Square Mall more than a half-mile along a busy highway as a witness followed in a car, then jumped off a bridge onto the Carpenter Technology Corp.

Comment?

Related Topix: Carpenter Technology, Metals, Berks County, PA, Reading, PA, Reading Metro

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