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Algoma Steel Announces 3rd Quarter Results

03 November 2005 - Algoma Steel Inc. reported net income of $30.8 million on revenue of $446.4 million for the three months ended September 30, 2005.

Mittal Welcomes New Pact with Steelworkers

03 November 2005 - Mittal Steel USA welcomed the ratification of new collective-bargaining agreements by members of the United Steelworkers at former Ispat Inland Inc. locations in Indiana and Minnesota.

Stelco to Sell Norambar, Stelfil and Stelwire to Mittal Canada

03 November 2005 - Stelco Inc. has signed a Letter of Intent concerning the sale of Norambar Inc., Stelfil Ltée and Stelwire Ltd. to Mittal Canada Inc., a subsidiary of Mittal Steel Co. NV.

Ryerson Tull Executives Establish 10b5-1 Trading Plans

02 November 2005 - Ryerson Tull, Inc. announced that several of its executives have entered into sales plans established in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

Worthington and its Employees Donate to Hurricane Relief

02 November 2005 - Worthington Industries, Inc. and its employees have donated $108,231 to the American Red Cross to benefit the victims of hurricane Katrina. The company matched dollar for dollar donations made by employees.

Steel Technologies Reports Year-End Results

02 November 2005 - Steel Technologies Inc. reported net income of $1.5 million on sales of $204.4 million for the fourth quarter, and record net income of $37.1 million on record sales of $1.0 billion for the fiscal year ended September 30, 2005.

Gerdau Ameristeel Amends Credit Facility

02 November 2005 - Gerdau Ameristeel Corp. has amended and restated its existing senior secured revolving credit facility.

Imports Continue at Steady Pace through September

01 November 2005 - The United States imported a total of 2,195,000 net tons of steel in September, according to the latest report by the American Iron and Steel Institute (AISI), which is based on preliminary Census Bureau data. The total included 1,762,000 tons of finished steel.

Dofasco Posts 3rd Quarter Net Income

01 November 2005 - Dofasco Inc. reported consolidated net income of $5.2 million on consolidated sales of $1,104.5 million for the third quarter of 2005.

Danieli to Provide Spooler Line at Alphasteel

01 November 2005 - Alphasteel Ltd., U.K., recently placed an order with Danieli to install a new spooler line to the Newport high-speed compact bar mill originally supplied by Danieli in the late 1980s.

Anshan Commissions New SMS Mevac RH Unit

01 November 2005 - Anshan New Iron & Steel Co., Ltd., P.R. China, has successfully commissioned its second RH-recirculation degasser, delivered by SMS Mevac GmbH.

Morgan Commissions Brandenburg Mill Upgrade

01 November 2005 - Morgan Construction Co. has successfully commissioned an upgrade that it designed, built and installed to the four-strand rod mill of BES Brandenburger Elektrostahlwerke GmbH, Germany.

Danieli to Supply Special Steel Bloom Caster for Benxi

01 November 2005 - Bengang Steel Plates Co. Ltd. has contracted Danieli for the supply of a new large bloom caster for quality and special steel grades.

Siemens to Modernize HKM Slab Caster

01 November 2005 - The Siemens Industrial Solutions and Services Group (I&S) has received an order from Hüttenwerke Krupp Mannesmann GmbH (HKM), Germany, to modernize its continuous slab caster No. 2. Valued at around five million euros, the project includes all process-control, automation and drive equipment.

Siemens to Supply New Main Drive for ThyssenKrupp Tandem Cold Mill

01 November 2005 - The Siemens Industrial Solutions and Services Group (I&S) has received an order from ThyssenKrupp Steel AG to supply a new main drive for the BETA coupled tandem pickling line at its Dortmund plant. The order is valued at approximately three million euros.

Danieli to Supply Three More Spooler Plants for Celsa Group

01 November 2005 - Celsa recently awarded Danieli orders for three high-capacity Spooler lines to be installed at its Cardiff (U.K.), Castellbisbal (Spain), and Huta Ostrowiec (Poland) bar mills. The order follows Danieli’s successful spooler line installation at Celsa’s Nervacero SA, Vizcaya plant in Spain.

Arcelor to Increase Stake in Brazilian Stainless Steel Producer Acesita

01 November 2005 - Arcelor recently entered into a definitive agreement with two Brazilian pension funds regarding its acquisition Acesita SA common shares representing 25% of the Brazilian stainless steel producer's voting capital and 8% of its total capital stock.

Outokumpu to Cease Production of Coil Products in Sheffield

01 November 2005 - Outokumpu recently announced it would cease the operations of its Coil Products Sheffield (CPS) business unit in the UK. The decision follows a thorough review of its stainless steel cold rolling operation in Sheffield.

Posco Raises the Bar for Average PCI Rates

01 November 2005 - Posco recently achieved pulverized coal injection rates of 204 kg per tonne of hot metal on all blast furnaces at its Kwangyang Works. The 204 kg/tonne rate is the highest average rate of pulverized coal injection (PCI) in the company, and has helped to significantly lower ironmaking costs.

China Erzhong Orders Morgoil Bearings

01 November 2005 - Morgan Construction Co.’s Morgoil Bearing Division has received contracts from China Erzhong for Morgoil Bearings for two hot strip mills the company is building in P.R. China.

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