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Bricmont to Supply Dual-Line Tunnel Reheat Furnace for Shanghai Meishan

18 August 2008 - Bricmont will supply a dual-line tunnel roller-hearth furnace for Shanghai Meishan Iron and Steel’s new thin-strip production line project in Nanjing, China.

Evraz NA Secures US$725 Million of Bank Financing

18 August 2008 - Evraz Group closes a five-year revolving credit facility and a five-year term loan facility for its North American division, Evraz NA.

Claymont Steel Announces Expiration of Tender Offer

15 August 2008 - Claymont Steel announces expiration of its cash tender offer for its 8.875% Senior Notes due 2015.

Essar Steel Algoma to Start up No. 6 Blast Furnace

15 August 2008 - Essar Steel Algoma will initiate startup of its No. 6 Blast Furnace, following receipt of the Certificate of Approval from the Ministry of the Environment.

Vale to Invest in Brazilian Steel Mill

15 August 2008 - Companhia Vale do Rio Doce announces its intention to build a 2.5 million tonnes/year steel plant in Brazil.

Essar Steel Algoma Reports Strong 1st Quarter Results

15 August 2008 - Essar Steel Algoma reports net income of $89.0 million for the first quarter of fiscal 2008/09.

Siemens VAI to Supply Reversing Intermediate Mill for Acciaierie Venete

15 August 2008 - Siemens VAI Metals Technologies will supply the mechanical equipment for a new reversing intermediate mill at Acciaierie Venete’s factory in Mura, Italy.

Stainless, Specialty Imports Continue Their Slow Climb through May

15 August 2008 - Total stainless steel imports reached 342,747 tons through the first five months of 2008, a 3.2% increase compared to YTD May 2007, according to the latest report from SSINA. Total specialty steel imports grew by 2.9% over the same period.

Siemens to Supply Ultra-Thick Slab Caster for Shougang Qinhuangdao Works

14 August 2008 - Siemens VAI Metals Technologies will supply a continuous slab caster to Shougang Group that is capable of casting slabs that are 250 to 400 millimeters thick.

Vietnam Steel, Vicem and Tata Steel to Build 4.5-Million TPY Steel Complex

14 August 2008 - Vietnam Steel, Vietnam Cement Industries, and Tata Steel sign joint venture agreement for a proposed 4.5-million tonnes/year steel complex in Vietnam.

Novolipetsk Steel to Acquire JMC for $3.53 Billion

14 August 2008 - Russian steel producer Novolipetsk Steel signs definitive agreement to acquire U.S. steel pipe and tube manufacturer John Maneely Co. for US$3.53 billion on a debt-free, cash-free basis.

Valin and ArcelorMittal to Form Electrical Steel Joint Venture

14 August 2008 - Hunan Valin Steel Group and ArcelorMittal sign joint venture agreement for the production and sales of 600,000 tonnes/year of grain-oriented and non-grain-oriented silicon electrical steel.

Steel Dynamics Announces OmniSource Promotions

14 August 2008 - Steel Dynamics announces management promotions and organizational changes at OmniSource, its wholly-owned metals recycling subsidiary.

Cliffs and Alpha File Preliminary Proxy and Registration Statement

13 August 2008 - Cleveland-Cliffs files a preliminary registration statement on Form S-4 with the Securities and Exchange Commission regarding its proposed merger with Alpha Natural Resources.

Outotec to Supply Large Iron Ore Pelletizing Plant for Tata Steel

13 August 2008 - Tata Steel contracts Outotec to supply a new iron ore pelletizing plant for its steel works in Jamshedpur.

CMC Arkansas Implements QMOS as its MES System

13 August 2008 - CMC-Arkansas becomes the second Commercial Metals rolling mill to implement Quad Infotech’s QMOS System.

Steelworkers: This Contract is the New Standard

13 August 2008 - The USW says its new tentative agreement with U.S. Steel increases wages, improves pensions and benefits, addresses local working conditions, and provides for continued capital investments to keep the company’s facilities competitive.

Tisco to Extend Scope of Broner Scheduling and MES Solutions

13 August 2008 - Broner Metals Solutions will extend the scope of Taiyuan Iron and Steel’s existing Meltshop Scheduling and Control Solutions to support a new BOF, ladle furnace and caster at its plant in TaiYuan City, China.

U. S. Steel, USWA Reach Tentative Agreements Covering Domestic Flat-Rolled, Iron Ore, Some Tubular

13 August 2008 - United States Steel reaches a tentative agreement with the USW on a new four-year labor contract covering U. S. Steel's domestic flat-rolled and iron ore mining facilities as well as tubular operations in Lorain, Ohio, Fairfield, Ala., and Lone Star, Texas.

ArcelorMittal to Acquire 49% of Mineração Pirâmide Participações

12 August 2008 - ArcelorMittal signs an agreement to acquire 49% of the share capital in Mineração Pirâmide Participações Ltda, with the price based on the assessed amount of iron ore and manganese reserves held in situ.

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