Latest Steel mill Stories

FORT WAYNE, Ind., May 3, 2013 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced two senior level management appointments. Robert (Rob) A. Simon has been appointed to the position of Vice President and General Manager of the company's Structural and Rail Division. The position became vacant following John Nolan's assumption of the newly created position as Vice President - Product Development. Most recently, Rob was Executive Vice President of Evraz Tubular...

Quality Filtration, a leading manufacturer of premier filter elements for global industrial hydraulic and lubrication markets recently held a training workshop for employees of the steel production company Nucor Steel. The training session covered several industry topics with an additional focus on technology, teamwork and environmental responsibility. Nashville, Tenn. (PRWEB) March 26, 2013 Quality Filtration held in-depth Filtration and Contamination training at Nucor Steel in...

CHARLOTTE, N.C., March 14, 2013 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its first quarter ending March 30, 2013. Nucor expects first quarter results to be in the range of $0.20 to $0.25 per diluted share. This performance is consistent with the qualitative guidance presented in our fourth quarter of 2012 earnings release and conference call which stated, "We currently expect to see first quarter 2013 earnings below our results in the fourth quarter...

PHILADELPHIA, Jan. 10, 2013 /PRNewswire/ -- CDI Corp. (NYSE: CDI) today announced that it is working with Tenova HYL Technologies to assist Nucor Corporation in the development of Nucor's direct reduced iron-making facility in St. James Parish, Louisiana. The $750 million plant on a 4,000-acre site located along the Mississippi River midway between New Orleans and Baton Rouge is the largest of its kind in the world and is expected to produce two and a half million metric tons of...

CHARLOTTE, N.C., Dec. 18, 2012 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its fourth quarter ending December 31, 2012. Nucor expects fourth quarter results to be in the range of $0.25 to $0.30 per diluted share. This represents a decrease from the third quarter of 2012 earnings of $0.35 per diluted share and from the fourth quarter of 2011 earnings of $0.43 per diluted share. Projected fourth quarter results include an estimated LIFO credit of $29...

CHARLOTTE, N.C., Nov. 6, 2012 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that we have entered into a long-term agreement with Encana Oil & Gas (USA) Inc. for an onshore natural gas drilling program in the continental United States that we believe will ensure a reliable, low cost supply of natural gas for our existing and expected future needs for more than 20 years. Under the terms of the agreement, Nucor will pay its share of costs plus an additional amount...

CHARLOTTE, N.C., Sept. 18, 2012 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its third quarter ending September 29, 2012. Nucor expects third quarter results to be in the range of $0.30 to $0.35 per diluted share. These projected results are lower than the third quarter of 2011 earnings of $0.57 per diluted share and similar to the second quarter of 2012 earnings of $0.35 per diluted share. Third quarter of 2012 projected results include the negative...

CHARLOTTE, N.C., July 19, 2012 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today consolidated net earnings of $112.3 million, or $0.35 per diluted share, for the second quarter of 2012. By comparison, Nucor reported net earnings of $145.1 million, or $0.46 per diluted share, in the first quarter of 2012 and net earnings of $299.8 million, or $0.94 per diluted share, in the second quarter of 2011. In the first half of 2012, Nucor reported consolidated net earnings of...

CHARLOTTE, N.C., June 26, 2012 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that Nucor-Yamato Steel Company, a joint venture between Nucor and Yamato Kogyo Co. Ltd., has approved a $115 million plan to expand the production of hot rolled sheet piling. This project will be completed at Nucor's steel mill in Blytheville, Arkansas, and is expected to be completed in early 2014. Upon completion, the project will add several new sheet piling sections, increasing the...

FORT WAYNE, Ind., June 15, 2012 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided second quarter earnings guidance in the range of $0.15 to $0.20 per diluted share. Second quarter 2012 estimated results are somewhat lower than the $0.20 per diluted share reported for the first quarter 2012 (which included January refinancing charges of $0.03 per diluted share), and lower than the $0.43 per diluted share reported for the second quarter of 2011. Despite relatively...