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MMK Announces New Appointments at Interkos-IV

11 October 2011 - Interkos-IV, part of the MMK Group, announced the appointment of Roman Gan as the company’s new Chief Executive, and Timur Shoshtaev as Adviser to the Chief Executive.

Posco, Shell Sign Long-term Supply Deal for Off-shore Plants

11 October 2011 - Posco will be the sole steel plate supplier for various structures on all of Shell’s offshore plant projects through 2016 under a new long-term Enterprise Framework Agreement.

Ruukki to Adjust Production at Finnish Tube Mills

11 October 2011 - Responding to weakened market conditions, Ruukki Metals announces plans to adjust production and begin employer-employee negotiations at its tube mills in Finland.

Mechel Wins Award for Elga Coal Complex Project

11 October 2011 - Mechel OAO has won the Minex-2011 forum’s 5th annual award for the development and construction of the company’s Elga Coal Complex.

Rautaruukki Revises 2011 Earnings Guidance

10 October 2011 - Declining mill deliveries in the steel business and a reduced capacity utilization rate for the rest of the year have prompted Ruukki to lower its estimate for year-on-year sales growth to 15-20% from the previous estimate of 25%.

Evraz Appoints New Vice President, Vanadium Assets

10 October 2011 - Evraz Group S.A. announced the appointment of Grigory Botvinovskyas Vice President, Vanadium Assets, succeeding Daniel Harris, who has retired.

Commercial Metals Company Announces Restructuring Actions

10 October 2011 - Commercial Metals has announced a number of restructuring actions, including the closure or sale of its CMC Sisak mill in Croatia, additional workforce reductions, closure of five rebar fabricating locations, and rationalization of eight construction services locations.

Ruukki to Supply Frame, Envelope Structures for Market Structure in Finland

10 October 2011 - Kesko Corp., Finland, has contracted Ruukki for design, manufacture and installation of the frame and envelope structures for the new K-citymarket supermarket in Kauhajoki, Finland.

NLMK to Acquire Electrical Steel Service Center in India

07 October 2011 - NLMK announced its acquisition of the National Laminations group, an electrical steel service center in India, for a total consideration of US$8 million.

ThyssenKrupp Stahl-Service-Center Earns EN ISO 14001 Certification

07 October 2011 - This past summer TÜV NORD conducted the first official environmental audit at ThyssenKrupp Stahl-Service-Center’s new Krefeld site and its Radebeul branch near Dresden, which have been awarded the EN ISO 14001 certification for their environmental management system.

ALJ Announces 2011 Revenues; Refinancing and Expansion of Senior Financing

07 October 2011 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $45.9 million for the fourth quarter and revenues of $162.1 million for the 2011 fiscal year. The company also announced the refinancing and increase of the senior financing agreement of Kentucky Electric Steel.

Evraz Stops Negotiations on Sale of Raspadskaya Stake

07 October 2011 - Evraz Group S.A. announces that high market volatility has prompted the company to discontinue its ongoing negotiations on the potential sale of its 40% indirect equity stake in Russian coal producer OAO Raspadskaya.

Posco-Vietnam Hosts Employee Family Day

07 October 2011 - Posco-Vietnam recently hosted the first “Family Day” event of the year for its employees and their families. The company plans to organize the special event every month until the end of the year.

Tata Steel and Dutch Government Sign Green Deal

06 October 2011 - Tata Steel signed a new agreement with the Government in the Netherlands committing Tata Steel’s IJmuiden plant to further improvements in its sustainability performance. The three Green Deal projects will be carried out in IJmuiden’s blast furnaces, steel meltshop, and wide hot strip mill.

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