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IISI: Another Year of Growth—And Change

07 October 2008 - The International Iron and Steel Institute changes its name to World Steel Association (worldsteel), effective immediately.

ALJ Releases 2008 Annual Results

07 October 2008 - ALJ, the parent company of Kentucky Electric Steel, reports record revenues of $185.6 million for the fiscal year ended September 30, 2008.

ABB to Supply Electrical, Automation Equipment for SSAB Tunnplåt Mill Upgrade

07 October 2008 - SSAB Tunnplåt contracts ABB to supply electrical and automation equipment for a new downcoiler, new exit coil conveyer line, inspection station for coils, a new roller table, and a laminar cooling section at its steel mill in Borlänge, Sweden.

Cliffs Shareholders Reject Harbinger’s Control Share Acquisition Proposal

06 October 2008 - Cleveland-Cliffs says that it appears that approximately 80% of shares voted by holders other than Harbinger Capital Partners, its equity-swap counter parties or other ‘interested’ shareholders voted AGAINST the proposed control share acquisition during the recent special meeting of shareholders.

Danieli Corus, Tata Projects to Build Greenfield Blast Furnace for SAIL

06 October 2008 - Consortium comprising Danieli Corus and Tata Projects Limited will design and construct a greenfield blast furnace for SAIL’s Rourkela Steel Plant.

AK Steel Announces November 2008 Surcharges for Electrical Steels

03 October 2008 - AK Steel will add a $620 per ton surcharge to invoices for electrical steel products shipped in November 2008.

Commerce Preliminarily Finds Dumping of Steel Threaded Rod from P.R. China

03 October 2008 - The Department of Commerce announced its affirmative preliminary determination in the antidumping duty investigation on imports of steel threaded rod from P.R. China.

Converteam to Supply Electrical, Automation Systems for ThyssenKrupp’s Alabama Facilities

03 October 2008 - Converteam is selected by Fives Lille Industries and SMS Demag for the supply of the complete electrical and automation systems for ThyssenKrupp's greenfield combined carbon and stainless steel plant to be constructed in Mount Vernon, Ala.

Nippon-Kobe Joint Company to Recycle Steel Dust into DRI

03 October 2008 - Nippon Steel and Kobe Steel will establish a joint company that will recycle steel dust using the FastMet process to produce usable direct-reduced iron.

American Steel Producers Urge Swift Remedy to Financial Crisis

03 October 2008 - In a letter to Members of the United States Congress, AISI President and CEO Thomas J. Gibson urges Members to expedite passage of legislation to address America’s present financial crisis.

Allegheny Technologies Announces Operating Management Changes

03 October 2008 - Allegheny Technologies announces several executive-level changes to its organization, changes the company says are designed to simplify and streamline the reporting relationships and leadership of ATI’s key manufacturing operations.

U. S. Steel, Worthington Complete Deal to Expand Joint Venture

02 October 2008 - United States Steel and Worthington Industries complete their plan to expand and modify their Worthington Specialty Processing joint venture.

Uhde Awarded Contracts for Coke Plants at JFE Steel, MCC Mitsubishi Chemical

02 October 2008 - Uhde is commissioned by OTTO Corp. to provide comprehensive services within the scope of coke plant contracts for JFE Steel and MCC Mitsubishi Chemical.

Siemens to Modernize Heavy-Section Mill, Merchant-Bar Line for Dneprovsky Iron and Steel

02 October 2008 - Siemens VAI Metals Technologies will fundamentally refurbish a heavy-section line and a merchant bar line for the Ukrainian steel producer OJSC Dneprovsky Iron and Steel Integrated Works.

Tata Steel to Acquire 19.9% Share in New Millennium Capital

02 October 2008 - Tata Steel signs binding agreement to acquire a 19.9% stake in New Millennium Capital with an option to acquire 80% of a joint venture that will develop New Millennium’s Direct Shipping Ore Project, which is estimated to contain in excess of 100 million tonnes of direct shipping quality ore.

Sumitomo Celebrates Progress on New Wakayama Works Blast Furnace

02 October 2008 - Sumitomo Metals holds a furnace building, or Koteire ceremony commemorating the start of brickwork for its new No. 1 Blast Furnace at the Wakayama Steel Works.

Cleveland-Cliffs Announces Convertibility of Preferred Stock

01 October 2008 - Cleveland-Cliffs fulfills the trading price condition for the conversion right of its 3.25% redeemable cumulative convertible perpetual preferred stock, with the result that preferred stock may be surrendered for conversion at any time during the fiscal fourth quarter ending Dec. 31, 2008.

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