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ArcelorMittal Acquires 14.9% Share in Macarthur Coal

22 May 2008 - ArcelorMittal acquires a 14.9% stake (31,611,354 shares) in Macarthur Coal Limited, an Australian producer of low-volatile pulverized coal injection coal.

SMS Group Donation to Help Quake Victims in China

22 May 2008 - SMS group donates EUR 100,000 to the Red Cross Society of China to help the earthquake victims in the Sichuan Province in central China.

USW Reiterates Support for Severstal’s Purchase of Esmark

22 May 2008 - The United Steelworkers reconfirms its strong support for OAO Severstal's proposal to acquire all outstanding shares of Esmark common stock.

Severstal Makes Competing Bid to Acquire Esmark

21 May 2008 - OAO Severstal makes a proposal to the Esmark Board of Directors to acquire all of the company’s outstanding shares of common stock for $17.00 per share in cash.

Air Products to Build New Air Separation Unit, Liquefier at Lake Erie Works

21 May 2008 - Air Products Canada signs a new long-term supply contract with U. S. Steel Canada for its Lake Erie Works that includes provision for construction of a new air separation unit with a high-efficiency liquefier facility.

Nippon Steel President Expresses Hope for Building Steel Plant in Thailand

21 May 2008 - In a published statement, Nippon Steel President Shoji Muneoka expresses “strong hopes of building a steel plant in Thailand.”

ArcelorMittal Makes Donation for Victims of Sichuan Earthquake

21 May 2008 - ArcelorMittal China and its employees as well as the ArcelorMittal Foundation together contribute over 1 million RMB to the Chinese Red Cross Foundation to help the relief efforts in China following the earthquake that struck Sichuan on Monday, May 12.

AK Tube’s Walbridge Plant Honored for Safety Performance

21 May 2008 - AK Tube’s Walbridge, Ohio, plant is honored for its safety performance – including zero lost-time injuries in 2007 - with two awards from the Ohio Bureau of Workers' Compensation, division of Safety and Hygiene.

Esmark Responds to USW Statements on Collective Bargaining Agreement Provisions

21 May 2008 - Esmark responds to the position taken last week by the United Steelworkers regarding the proposed tender offer and subsequent merger with Essar Steel Holdings Limited.

Nucor Launches Common Stock Offering

20 May 2008 - Nucor commences public offering of 25,000,000 shares of common stock, and grants underwriters an option to purchase up to an additional 3,750,000 shares at the public offering price, less the underwriting commission, within 30 days following the closing date.

Metals USA Files Registration Statement for Initial Public Offering

20 May 2008 - Metals USA Holdings files registration statement with the SEC for a proposed initial public offering of its common stock.

Praxair Signs Heat-Treat Joint Marketing Agreements

20 May 2008 - Praxair signs joint marketing agreements with Atmosphere Engineering Co. and Super Systems, Inc. to combine the core competencies of each company.

Talley Metals to Raise Prices on Stainless Grades

20 May 2008 - Talley Metals will increase base prices approximately 3% on all stainless products beginning July 1, 2008 for all shipments.

SMS Demag to Supply Two 20-Roll Cold Mills for Benxi

20 May 2008 - SMS Demag will design and manufacture two new 20-roll cold rolling mills with X-roll technology for Benxi Iron & Steel (Group) Co.

Cliffs Joins Climate Registry as a Founding Reporter

20 May 2008 - Cleveland-Cliffs joins The Climate Registry, a non-profit organization established to measure and publicly report greenhouse gas emissions.

Universal Stainless, Carpenter Technology to Increase Stainless and Alloy Prices

19 May 2008 - Universal Stainless and Carpenter Technology announce base price increases on a range of stainless, HSLA, and premium melted alloy products.

Nucor Announces President for Nucor Europe

19 May 2008 - Nucor announces the promotion of Rex Query to the position of President of Nucor Europe, following the company’s recent announcement of major European investments with Duferco Steel and Sidenor.

USW Says Esmark-Essar Agreements are a Violation of Labor Contract

19 May 2008 - The United Steelworkers asserts that Esmark’s agreements with Essar Steel Holdings are in direct violation of its collective bargaining agreement with the union.

Commerce Department to Continue Investigation on Line Pipe from China and Korea

19 May 2008 - The U.S. Department of Commerce will continue to conduct its countervailing duty investigation on imports of circular welded carbon quality steel line pipe from China and antidumping investigations of imports of this product from China and Korea.

OAO Severstal to Purchase WCI Steel

19 May 2008 - OAO Severstal reaches a binding agreement to acquire the outstanding equity of Warren, Ohio, based WCI Steel for a total cash consideration of US$140 million, or about $3.29 per share.

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