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Latest Steel mill Stories

2011-03-15 08:00:00

CHARLOTTE, N.C., March 15, 2011 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its first quarter ending April 2, 2011. Nucor expects first quarter results to be in the range of $0.30 to $0.35 per diluted share, compared to earnings of $0.10 per diluted share in the first quarter of 2010 and a loss of $0.04 per diluted share in the fourth quarter of 2010. Projected first quarter results include an estimated LIFO charge of $31 million ($0.06 per diluted share)...

2011-03-11 10:10:00

WEST CHESTER, Ohio, March 11, 2011 /PRNewswire/ -- AK Steel Corporation's (NYSE: AKS) Ashland, Kentucky and Middletown, Ohio coke plants have received the Max Eward Safety Award from the American Coke and Coal Chemicals Institute (ACCCI), a leading industry trade organization. The awards recognize the company for operating two of the safest cokemaking facilities in America during 2010. Both AK Steel coke plants, along with one other ACCCI member coke facility, operated the entire year of...

2011-03-07 12:14:00

CHARLOTTE, N.C., March 7, 2011 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has broken ground on its direct reduced iron (DRI) making facility that will be located in St. James Parish, Louisiana. Nucor's Chairman and Chief Executive Officer, Dan DiMicco, spoke at the event, alongside Governor Bobby Jindal and Economic Development Secretary Stephen Moret. The company also announced today that Lester Hart has been named the General Manager of the St. James Parish...

2011-01-27 13:25:00

CHARLOTTE, N.C., Jan. 27, 2011 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that the Louisiana Department of Environmental Quality has issued an air quality permit for its direct reduced iron making facility that will be located in St. James Parish. Issuance of the air permit will allow the company to begin the process of ordering equipment and commencing construction immediately. The permit allows for the construction and operation of two plants with a combined annual...

2011-01-27 08:00:00

CHARLOTTE, N.C., Jan. 27, 2011 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today a consolidated net loss of $11.4 million or $0.04 per diluted share, for the fourth quarter of 2010. By comparison, Nucor reported net earnings of $23.5 million, or $0.07 per diluted share, in the third quarter of 2010 and net earnings of $58.9 million, or $0.18 per diluted share, in the fourth quarter of 2009. For the full year of 2010, Nucor reported consolidated net earnings of $134.1...

2011-01-17 06:45:00

FORT WAYNE, Ind., Jan. 17, 2011 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ-GS: STLD) announces the following Webcast: Steel Dynamics, Inc. Fourth Quarter 2010 What: Conference Call Webcast When: January 24, 2011 @ 11:00 am Eastern http://www.videonewswire.com/ Where: event.asp?id=75617 Live over the Internet --Simply log on to How: the web at the address above. If you are unable to...

2010-12-16 08:00:00

CHARLOTTE, N.C., Dec. 16, 2010 /PRNewswire-FirstCall/ -- Nucor Corporation (NYSE: NUE) announced today guidance for its fourth quarter ending December 31, 2010. We stated in our qualitative guidance given in late October that "the fourth quarter may indeed turn out to be the most challenging quarter of the year. The most challenging markets for our products continue to be those associated with residential and non-residential construction, which continue to show little, if any, strength."...

2010-12-01 07:58:00

LONDON, Dec. 1, 2010 /PRNewswire/ -- Platts, a leading global provider of energy and metals information, today expanded its suite of price assessments for steel and steel-related products with four new daily assessments for ferrous scrap and billet. These additions augment Platts' portfolio of steel assessments which range from raw material inputs to semi-finished and finished products and freight. Ferrous scrap is recyclable iron-bearing material which can be re-melted into liquid steel...

2010-10-12 06:45:00

FORT WAYNE, Ind., Oct. 12 /PRNewswire-FirstCall/ -- Steel Dynamics, Inc. (Nasdaq: STLD) announces the following Webcast: What: Steel Dynamics, Inc. Third Quarter 2010 Conference Call Webcast When: October 19, 2010 @ 10:00 am Eastern Where: http://www.videonewswire.com/event.asp?id=72972 Live over the Internet --Simply log on to the web at the How: address above. If you are unable to participate during the live webcast, the call...

2010-09-15 15:03:00

CHARLOTTE, N.C., Sept. 15 /PRNewswire/ -- Nucor Corporation (NYSE: NUE) announced today that it has selected St. James Parish, Louisiana, for the construction of a planned $750 million iron making facility, subject to receipt of all requisite environmental permits. The new facility will be owned and operated by Nucor Steel Louisiana, LLC, a wholly-owned indirect subsidiary of Nucor. Over the past several years, Nucor evaluated multiple sites both in the U.S. and abroad. The St. James...