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Arcelor board votes to reject Mittal Steel's revised offer

June 12, 2006

Arcelor Board of Directors met June 11 and unanimously decided to reject Mittal Steel's current revised offer. The board also recommended that shareholders support the proposed merger with Severstal...

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Right on schedule

June 12, 2006

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QC Metal Fabricators of Elkhart, Ind., witnessed improved scheduling and shipping with the implementation of new job shop management software.

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Delphi, GM, UAW reach labor agreement

June 10, 2006

Delphi Corp. has announced significant progress in its discussions with the UAW and General Motors Corp., including a Supplemental Agreement with the UAW expanding existing retirement incentives and...

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Olympic Steel completes Tinsley Group – PS&W acquisition

June 5, 2006

Olympic Steel, Inc., a national steel service center, reported today that on June 2, 2006, it completed the purchase of Tinsley Group - PS&W, Inc., an indirect subsidiary of Eliza Tinsley Group PLC,...

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European Commission approves Mittal Steel - Arcelor merger

June 2, 2006

Mittal Steel announced today that the European Commission has cleared its bid to acquire Arcelor subject to certain commitments. The granting of EU antitrust clearance is a further positive and...

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Lincoln Electric receives President's 'E-Star' Award

June 2, 2006

The Lincoln Electric Company has received the President's "E Star" Award for Exports in recognition of its achievement in supporting export growth in the U.S. business community. The award was...

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American Axle & Manufacturing to establish facility in Poland

June 1, 2006

American Axle & Manufacturing Holdings Inc. (AAM) has announced that it will establish a manufacturing facility in Poland.AAM plans to purchase a manufacturing building in Olawa, Poland. The building...

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Hess Industries appoints president, CEO

June 1, 2006

Hess Industries Inc. has announced the appointment of David Zenger as president and CEO for all operations and business activities worldwide. The announcement, made by Justin Hillenbrand, chairman of...

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Mittal Steel restores full operations at Indiana steel plant

May 31, 2006

Mittal Steel USA has fully restored its steelmaking operations at the No. 3 basic oxygen shop at its Indiana Harbor plant in East Chicago, Ind. Fully automated operation of both furnace vessels was...

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Dofasco appoints new president, CEO

May 30, 2006

Brian MacNeill, chairman of the board of Dofasco Inc., has announced that Dofasco President and CEO, Don Pether, has indicated he will retire from his current responsibilities, effective July 21,...

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Steel spotlighted in stamp series

May 25, 2006

The American Iron and Steel Institute (AISI) announced today that one of steel's most legendary design achievements, The Gateway Arch, will be featured in the U.S. Postal Service stamp series,...

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Durable goods orders fell sharply in April

May 24, 2006

New orders for manufactured durable goods in April decreased $10.5 billion or 4.8 percent to $210.2 billion, the U.S. Census Bureau announced today. This decrease follows two consecutive monthly...

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Metals USA completes two acquisitions

May 22, 2006

Houston-based Metals USA Inc. has announced the completion of two acquisitions.On May 17 the company acquired the assets and business operations of Port City Metal Services Inc., located in Tulsa,...

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Olympic Steel signs agreement to acquire Tinsley Group - PS&W

May 22, 2006

Olympic Steel Inc., a national steel service center, today announced the signing of a definitive stock purchase agreement to acquire Tinsley Group - PS&W Inc., an indirect subsidiary of Eliza Tinsley...

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Mittal Steel offer for Arcelor opens

May 18, 2006

Mittal Steel Co. has announced that its offer for Arcelor opened today in Luxembourg, France, and Belgium. It is expected to open in Spain and the U.S. shortly. The offer will be open for 30 business...

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