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Stelco Files Restructuring Plan Outline

18 July 2005 - Stelco Inc. has filed a restructuring plan outline that it says is designed to ensure a viable company over the long term and provide lasting benefits for its stakeholders.

AK Steel Announces August Surcharges

18 July 2005 - AK Steel will add a $183 per ton surcharge to invoices for flat-rolled carbon steel products shipped in August 2005. A $115 per ton surcharge will be added to invoices for electrical steel products shipped in August.

Mittal Steel Included in Fortune Global 500

18 July 2005 - Mittal Steel Co. NV has been included for the first time in Fortune Magazine's Global 500 list, the ranking of the world's largest corporations.

WCI Steel Names Walsh Vice President of Operations

15 July 2005 - WCI Steel, Inc. announced today that James F. Walsh has been named Vice President—Operations, effective July 1, 2005.

Blast Furnace Upgrade to Kick off 4-Year Modernization Program at Severstal

15 July 2005 - Severstal North America, Inc. has filed a permit to install application with the Michigan Department of Environmental Quality to expand and enhance the larger of its two blast furnaces. The company will invest more than $180 million to add capabilities that will improve furnace productivity, efficiency and reliability and significantly reduce particulate emissions associated with the ironmaking process in its Dearborn-based steelmaking operations.

AIST Joins ACerS, ASM International and TMS in Material Advantage

15 July 2005 - AIST was officially approved as a member of Material Advantage, a program that provides college students with a single, low-cost membership to the materials science and engineering professional’s most preeminent organizations, including: American Ceramic Society (ACerS) Association for Iron & Steel Technology (AIST) ASM International, The Materials Information Society The Minerals, Metals and Materials Society (TMS)

Fatal Accident at Republic Leads to OSHA Citations

14 July 2005 - The U.S. Labor Department's Occupational Safety and Health Administration (OSHA) has cited Republic Engineering Products, Inc., Lorain, Ohio, for alleged willful, serious and repeated workplace safety violations.

Former Heartland Steel Facility to Pay Clean Air Penalties

14 July 2005 - U.S. Environmental Protection Agency Region 5 has reached an agreement with Companhia Siderurgica Nacional LLC on alleged clean-air violations at the company's steel plant in Terre Haute, Ind. EPA assessed a $15,793 penalty, and the company has agreed to a $34,273 environmental project.

California Steel Reports 2nd Quarter Results

14 July 2005 - California Steel Industries, Inc. reported net income of $9.7 million on sales of $306.6 million for the quarter ended June 30, 2005.

Core Furnace Systems to Supply STC Furnaces for MacSteel

14 July 2005 - MacSteel recently contracted Core Furnace Systems Corp. for the turnkey supply of two STC (Short Time Cycle) furnaces at the company’s Monroe, Mich., facility.

Stelco to Seek Extension of Stay Period

13 July 2005 - Stelco Inc. announced that it will appear in Court on July 18, 2005 to seek an extension of the stay period in its Court-supervised restructuring from that date until September 9, 2005.

SMS Demag Forms Joint Venture with Tippins

13 July 2005 - SMS Demag announced the formation of a new joint venture with Tippins Technologies, Inc.

Wheeling-Pittsburgh Steel Refinances Revolving Credit Facility

12 July 2005 - Wheeling-Pittsburgh Steel Corp. announced that effective July 8, 2005, it refinanced its revolving credit facility primarily with its current lenders.

Metals USA Announces Leadership Changes for Plates & Shapes Group

11 July 2005 - Metals USA, Inc. announced that Bill Bennett has resigned as Senior Vice President of the company and as President of the Plates & Shapes Group.

Dofasco Completes Blast Furnace Rebuild

11 July 2005 - Dofasco announced the successful start-up of its No. 2 Blast Furnace, which was completely rebuilt over the last year to incorporate the world's most advanced ironmaking technology.

Stainless Steel Imports Jump 26% Ahead of Year-to-Date 2004 Totals

11 July 2005 - Total stainless steel imports climbed to 234,130 tons through the first four months of 2005 — a 26% increase compared to the same period in 2004 — according to the latest data released by the Specialty Steel Industry of North America (SSINA). As imports climbed, U.S. consumption remained flat at 800,512 tons, bringing four-month import penetration to 29%, a six percentage point increase compared to the same period in 2004.

Gibraltar Starts up Axis ERP Solution at Cleveland Strip Facility

08 July 2005 - Axis Computer Systems, Inc. announced the successful startup of the Axiom(R) Enterprise Resource Management System at the Gibraltar Industries strip steel manufacturing facility in Cleveland, Ohio.

TXI Declares Spin-Off of Chaparral Steel

08 July 2005 - The Texas Industries, Inc. Board of Directors has approved the separation of its wholly-owned steel business, Chaparral Steel Co., from TXI by means of a tax-free stock dividend.

Allegheny Ludlum to Increase Silicon Electrical Steel Prices

07 July 2005 - ATI Allegheny Ludlum is increasing prices for grain-oriented silicon electrical steel products by approximately 26%.

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