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Tube City and AK Steel ink scrap deal.


AK Steel has entered into an agency agreement with Tube City LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 to purchase ferrous scrap for all of AK Steel's steel-making facilities.

As part of the agreement, Tube City will be responsible for negotiating the majority of carbon scrap and pig iron pig iron: see iron.
pig iron

Crude iron obtained directly from the blast furnace and cast in molds (see cast iron). The crude ingots, called pigs, are then remelted along with scrap and alloying elements and recast into molds to produce
 purchases for AK Steel plants in Ashland, Ky.; Butler, Pa.; and Mansfield and Middletown, Ohio Middletown is an All-American City[2] located in Butler and Warren counties in the southwestern part of the U.S. state of Ohio. Formerly in Lemon, Turtlecreek, and Franklin townships, Middletown was incorporated by the Ohio General Assembly on February 11, 1833, and . Additionally, Tube City will be responsible for ferrous scrap scheduling, logistics and quality assurance for AK Steel plants.

"This agreement with Tube City continues AK Steel's efforts to develop long-term agreements with suppliers of key raw materials," James Wainscott, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of AK Steel, says. "We look forward to working with Tube City as a strategic partner to help us improve costs, quality and reliability as related to our scrap requirements."

Tube City is a long-time supplier of scrap and related services to AK Steel. It is a subsidiary of Horsham, Pa.-based Tube City IMS (1) See IP Multimedia Subsystem.

(2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS.
 Corp., which operates at 64 mill facilities in the United States, Canada and Europe.
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Article Details
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Title Annotation:SCRAP INDUSTRY NEWS
Publication:Recycling Today
Article Type:Brief Article
Geographic Code:1USA
Date:Sep 1, 2005
Words:169
Previous Article:Correction.(Correction Notice)
Next Article:PSC continues acquisition pattern.(SCRAP INDUSTRY NEWS)
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