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Ohio Steel Producers Report First Half Results

04 October 2005 - Ohio steelmakers posted moderately strong production and shipping figures for the first half of 2005, even as the market struggled to emerge from an inventory correction that began before the end of 2004.

AK Steel to Recycle Waste Materials at Ashland Works

04 October 2005 - AK Steel announced the construction of a new recycling facility at its Ashland (Ky.) Works to process and recycle waste materials from the plant's blast furnace, cokemaking operation and continuous caster.

Carpenter Announces Energy Surcharge

04 October 2005 - Carpenter Technology Corp.’s Specialty Alloys Operations (SAO) unit is implementing an energy surcharge on all orders shipped after October 15. The surcharge will apply to all SAO stainless and specialty alloy products and reflects dramatic increases in natural gas prices.

Universal Stainless Reports Titusville Employee Work Stoppage

04 October 2005 - Universal Stainless & Alloy Products, Inc. announced that the Titusville facility hourly employees, represented by Local 7312-03 of the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, AFL-CIO-CLC, have rejected a new collective bargaining agreement offered by the company. The company’s offer included increased wages and other benefits.

Wheeling-Pittsburgh Steel Updates Third Quarter Outlook

03 October 2005 - Wheeling-Pittsburgh Steel Corp. announced that it expects operating income for the third quarter to be more than $20 million lower than previously expected. This is primarily due to greater than anticipated increases in scrap costs in the third quarter, as well as lower selling prices. Third quarter shipments are expected to be 550,000 tons (up 25,000 tons), and production is expected to be 570,000 tons (30,000 tons lower).

Wheeling-Pittsburgh and Severstal NA form Mountain State Carbon

03 October 2005 - Wheeling-Pittsburgh Steel Corp. and SNA Carbon, LLC announced the formation and funding of their new joint venture, Mountain State Carbon LLC. The new venture now owns Wheeling-Pittsburgh's coke plant in Follansbee, W.Va.

Worthington Announces Extension of Credit Facility

03 October 2005 - Worthington Industries, Inc. has amended and restated its long-term revolving credit facility with a consortium of banks led by Scotia Capital and PNC Bank.

Novamerican Reports 31st Consecutive Profitable Quarter

03 October 2005 - Novamerican Steel Inc. announced net income of $4.3 million* on net sales of $191.2 million for the third quarter ended August 27, 2005.

Mittal Steel USA to Restart Indiana Harbor Blast Furnace

03 October 2005 - Mittal Steel has elected to restart a blast furnace in its East Chicago, Ind., facility at about the time another is going down in Cleveland. The moves are part of the company's ongoing effort to balance its supply of steel with the demand for its products in the marketplace and maintenance needs for various ironmaking and steelmaking equipment.

Danieli to Supply Wire Rod Mill for Talleres Y Acero

01 October 2005 - Talleres Y Acero SA de CV, Mexico, has contracted Danieli for the supply of a new complete wire rod rolling mill. The new mill will be installed at the company’s Orizaba steelworks, adjacent to the existing bar mill and steelmaking plant.

Benxi Starts up 2nd Danieli Flexible Thin Slab Casting Strand

01 October 2005 - Benxi Iron & Steel Co., P.R. China, recently started up its second Danieli flexible thin slab casting strand. Since the first heat was cast, a wide range of steel grades has now been successfully commissioned.

Arcelor Included in Dow Jones Sustainability Index

01 October 2005 - Arcelor has been included in the Dow Jones Sustainability Index (DJSI) World, one of the most important and recognized global indexes tracking the performances of the leading sustainable development-driven companies worldwide.

Southern Steel Starts up Danieli Bar and Rod Mill at Phu My

01 October 2005 - Southern Steel Corp., Vietnam, recently initiated the first stage of its Phu My minimill startup with the commissioning of the 400,000 tonnes/year bar and rod rolling mill and delivery of its first hot rolled products.

Mittal Steel Completes Acquisition of 36.67% of Hunan Valin Steel

01 October 2005 - Mittal Steel Co. NV has received final approval relating to its acquisition of 36.67% of Hunan Valin Steel Tube & Wire Co. for a total consideration of US$338 million.

TKS Reshuffles Hoesch Hohenlimburg Management Board

01 October 2005 - ThyssenKrupp Steel recently announced several changes for the Management Board of Hoesch Hohenlimburg GmbH.

Techint Goodfellow Starts up EFSOP System at Dongkuk Steel

01 October 2005 - Techint Goodfellow Technologies Inc., Mississauga, Ont., recently commissioned a state-of-the-art Goodfellow Expert Furnace System Optimization Process (EFSOP™) system at Dongkuk Steel Incheon Plant in Korea.

LOI to Supply Heavy Plate Heat Treat Lines to Angang

01 October 2005 - Angang Group International Trade Co., China has awarded LOI Thermprocess a contract to supply two heat treatment plants for heavy-gauge steel plate.

Ugine & ALZ Starts up Carinox Steel Plant

01 October 2005 - Arcelor’s new Ugine & ALZ Carinox steel plant has produced its first heat.

Techint Goodfellow Starts up EFSOP Systems for Posco

01 October 2005 - Techint Goodfellow Technologies Inc., Mississauga, Ont., recently commissioned two state-of-the-art Goodfellow Expert Furnace System Optimization Process (EFSOP™) systems at Posco’s Kwangyang Works in Korea. The systems are presently gathering data from the two furnaces.

Mittal Steel Acquires 93% Stake in Kryvorizhstal

01 October 2005 - Mittal Steel Co. NV has agreed to acquire a 93.02% stake in the capital of KryvorizhStal from the State Property Fund of Ukraine following a public auction.

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