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ArcelorMittal Adjusts Offer Price for ArcelorMittal Inox Brasil SA

18 March 2008 - ArcelorMittal is reducing the offer price in the delisting tender offer for all shares of Arcelor Mittal Inox Brasil SA to reflect interim dividends recently declared by the company.

IOC and Rio Tinto Announce Plans for Capacity Expansion

18 March 2008 - The Iron Ore Co. of Canada and Rio Tinto will invest $500 million to increase IOC's annual production of iron ore concentrate to 22 million tonnes, beginning with a phase-one expansion program targeting as high as a 50% increase in production capability by 2011.

Siemens to Supply Turnkey Process Technology for new SAIL Cold Mill

18 March 2008 - Siemens will design, engineer, supply, install and commission the core lines of SAIL’s new 1.3 million tonnes/year cold mill facility in Jharkand, India, including a coupled tandem pickling line, hot-dip galvanizing line, and an electrolytic strip cleaning line.

January Steel Shipments up 7.3% Versus Last Year

18 March 2008 - U.S. steel mills shipped 9,246,000 net tons in January 2008, a 7.3% increase from the 8,614,000 net tons shipped in January 2007, and an 8.8% increase from the 8,495,000 net tons shipped in the previous month, December 2007.

Danieli Morgårdshammar to Upgrade Stahl Gerlafingen Section Mill

17 March 2008 - Danieli Morgårdshammar will upgrade AFV Beltrame’s Grobstraße section mill with the installation of its profile sizing process as well as a new reversing breakdown mill, new ultra-flexible reversing pre-finishing mill, and new universal finishing sizing stand.

Commerce Department to Continue Cases on Welded Stainless Pressure Pipe from China

17 March 2008 - The U.S. Department of Commerce will continue its investigations of welded stainless steel pressure pipe imported from China following the U.S. International Trade Commission’s determination that there is a reasonable indication of real or threatened material injury.

Evraz, TMK to Buy Ipsco Tubulars from SSAB

17 March 2008 - SSAB announces plans to divest Ipsco Tubulars to Evraz for $4,025 million in cash; Evraz will sell some of the U.S. based Ipsco Tubulars businesses to OAO TMK and its affiliates.

Esmark Completes Sale of Minority Interest in Wheeling-Nisshin

17 March 2008 - Esmark completes the sale of its minority equity interest in Wheeling-Nisshin to Nisshin Holding, Inc.

Nucor-Yamato Introduces Deepest U.S.-Manufactured Beams

14 March 2008 - Nucor-Yamato Steel is introducing 44-inch deep wide-flange structural shapes, making it the first mill in the Western Hemisphere to produce sections at this depth.

Timken to Enhance Reliability Solutions Offering

14 March 2008 - Timken is expanding its reliability solutions offering through an agreement with Ivara to provide maintenance consulting and training to its industrial customers.

ArcelorMittal Commences Legal Action to Resolve Wabush Mines Situation

14 March 2008 - ArcelorMittal commences legal action to require U.S. Steel Canada and Cleveland-Cliffs to respect their original commitment to the sale of their interests in the Wabush Mines joint venture to ArcelorMittal Dofasco.

AK Steel Honored for Excellence in Manufacturing

13 March 2008 - Leading Cincinnati business publication Cincy magazine honors AK Steel for excellence in manufacturing for 2007.

Rautaruukki to Close Raahe Works Sinter Plant by the end of 2011

13 March 2008 - Rautaruukki announced plans to close down sinter plant operations at its Raahe Works in Finland by the end of 2011 as it transitions over to 100% iron pellet feedstock for its blast furnace operations.

ArcelorMittal is First Steel Company to be Named Energy Star Partner of the Year

13 March 2008 - The U.S. EPA and U.S. Department of Energy select ArcelorMittal USA as a 2008 ENERGY STAR Partner of the Year for Energy Management by for its outstanding contributions to protecting the environment and reducing greenhouse gas emissions through energy efficiency.

Cleveland-Cliffs Announces Two-for-One Common Stock Split

12 March 2008 - Cleveland-Cliffs’ Board of Directors declares a two-for-one stock split of the company’s common shares.

SMS Meer to Supply PQF Seamless Tube Mill for Vallourec & Sumitomo do Brasil

12 March 2008 - Vallourec & Sumitomo Tubos do Brasil has awarded a contract to SMS Meer to supply a new Premium Quality Finishing seamless tube plant.

Steel Dynamics Raises First Quarter Earnings Guidance

12 March 2008 - Steel Dynamics raises its first-quarter earnings guidance, primarily driven by higher-than-anticipated flat-rolled steel pricing and improved scrap processing results.

Economy Industrial to Supply Casting Machines in Russia, Iceland, and U.S.

12 March 2008 - Economy Industrial, Ambridge, Pa., is producing two new casting machines for installation in Europe, as well as a pig iron casting machine for a new joint venture oxide recovery facility in Blytheville between Nucor and Heritage Environmental.

Siemens to Extend Automation for Jinan Iron and Steel Plate Mill

11 March 2008 - Siemens Metals Technologies will extend the automation for Jinan Iron & Steel’s 3.5-meter two-stand plate mill in Jigang.

ArcelorMittal Announces Third Episode of its Web TV’s 2nd Season

11 March 2008 - ArcelorMittal announces ‘Freedom Beams’ - the third episode of ArcelorMittal Web TV’s second season, which reveals the full story behind the famous steel beams produced by ArcelorMittal for the construction of New York's iconic One World Trade Center, The Freedom Tower.

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