Dofasco

Latest News

Justice Department Seeks Appointment of Trustee to Sell Sparrows Point

07 August 2007 - The Department of Justice asks a federal judge to appoint a trustee to sell Mittal Steel's Sparrows Point facility, as Mittal has failed to complete a sale prior to the consent decree deadline of August 6, 2007.

Cleveland-Cliffs, Stelco Agree to Sell Wabush Interest

07 June 2007 - Cleveland-Cliffs and Stelco have entered an agreement to sell their 26.8% interest and 44.6% interest, respectively, in the Wabush Mines joint venture to Consolidated Thompson Iron Mines for $64.3 million cash, 3.0 million warrants of common shares, and Consolidated’s assumption of ongoing employee and asset retirement obligations.

Dofasco Redeems Medium-Term Notes

16 May 2007 - Dofasco has completed redemption of all of its issued and outstanding 7.55% Series B Notes due October 1, 2008, and all of its issued and outstanding 4.961% Series A Notes due June 15, 2017 — in each case plus accrued but unpaid interest.

Dofasco Continues Toward Redemption of Medium Term Notes

08 May 2007 - Dofasco has provided notice of its intention to redeem all of its 7.55% Series B Notes due October 1, 2008 at the Canada Yield Price, and all of its 4.961% Series A Notes due June 15, 2017 at par, in each case plus accrued but unpaid interest.

Dofasco Provides Update on Notes Redemption

30 April 2007 - Dofasco has received the required written resolutions from noteholders authorizing amendments to the terms and conditions of each series of notes that will permit redemption of the 7.55% notes due October 1, 2008, and the 4.961% notes due June 15, 2017.

Arcelor Mittal Announces New Dofasco CEO

23 April 2007 - Lou Schorsch, Executive Vice President of Arcelor Mittal and CEO Flat Americas, announced the appointment of Juergen Schachler to the position of President and CEO, Dofasco Inc., effective May 1, 2007.

Dofasco Proposes Redemption of Medium Term Notes

10 April 2007 -  

AISI Selects Pontiac Solstice for Steel Designs Award

08 March 2007 -  

Dofasco CEO to Step Down

08 March 2007 -  

Dofasco Tubular Products Shelby Plant Earns TS 16949 Certification

26 February 2007 -  

Arcelor Mittal Reports Pro Forma 2006 Results

23 February 2007 - Feb. 23, 2007 — Mittal Steel Co. NV announced pro forma net income of $US 2.37 billion on sales of $US 23.2 billion for the fourth quarter, and pro forma net income of $US 7.97 billion on sales of $US 88.6 billion for the twelve months ended December 31, 2006.

Future Clouds for Sparrows Point, Clears for Dofasco

21 February 2007 - Dofasco President and CEO Jacques Chabanier announced that, now that the U.S. Department of Justice has required Arcelor-Mittal to divest its Sparrows Point facility, Dofasco's integration with Arcelor-Mittal can proceed.

Court Denies ThyssenKrupp’s Petition Seeking Suit Against Stichting

24 January 2007 -  

Esmark, Arcelor Mittal Enter MOU for Weirton Steel Assets

22 January 2007 - Esmark Inc. and Arcelor Mittal confirmed they have entered into a Memorandum of Understanding in which Esmark will acquire the hot roll, cold roll, coated and tin assets of Arcelor Mittal’s Weirton, W.Va., steel plant. The MOU contemplates execution of definitive transaction agreements by February 2, 2007 when the MOU terminates.