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U. S. Steel Announces General Manager for Minnesota Ore Operations

29 March 2005 - United States Steel Corp. announced the appointment of Dennis G. Quirk to the position of General Manager of Minnesota Ore Operations, reporting to David H. Lohr, Vice President—Plant Operations.

IISI Reports Crude Steel Production for February 2005

29 March 2005 - Figures released by the International Iron and Steel Institute (IISI) show that world crude steel production for the 61 countries reporting stood at 83.9 million tonnes in February — 3.7% higher than for February 2004.

Growth in Stainless Steel Exceeds Expectations in 2004

28 March 2005 - World stainless steel production reached 24.6 million tonnes for the full year 2004, according to the International Stainless Steel Forum (ISSF).

Northwest Pipe Announces Major Order

25 March 2005 - Northwest Pipe Co. has received a letter of intent to supply approximately $9 million of welded steel pipe for the San Juan Chama Pipeline project for the City of Albuquerque.

AK Steel Receives Dual Supplier Awards from Toyota

25 March 2005 - AK Steel has once again earned dual supplier awards from Toyota Motor Manufacturing North America, Inc.

Republic Reports 2004 Financial Results

25 March 2005 - Republic Engineered Products Inc. reported net income of $39.3 million on net sales of $1.19 billion for the year ended December 31, 2004.

Stelco Seeks Approval to Sell Interest in Camrose Pipe

25 March 2005 - Stelco Inc. has applied for a Court order approving the sale by Stelcam Holdings Inc., a wholly-owned subsidiary of Stelco, of its partnership interest in Camrose Pipe Co. to Canadian National Steel Corp. (CNSC). CNSC, an indirect subsidiary of Oregon Steel Mills Inc., is the other partner in the Camrose Pipe Partnership.

TXI Reports 3rd Quarter Results, Still Looking to Spin off Steel Operations

25 March 2005 - Texas Industries, Inc. reported net income of $16.0 million for the quarter ended February 28, 2005.

Ipsco to Add High-speed Finishing Facilities at Blytheville Pipe

25 March 2005 - March 25, 2005 — Ipsco Inc. is installing a state-of-the-art high speed Oil Country Tubular Goods finishing lines at its Blytheville, Ark., pipe mill.

Northshore Mine Receives Cliffs Mine Safety Award

24 March 2005 - Cleveland-Cliffs Inc. announced that its Northshore Mining Co., Silver Bay, Minn., is once again the recipient of Cliffs' President's Award for Safety. The award is presented annually to the Cliffs mine with the best safety performance, as measured by the frequency rate for Mine Safety and Health Administration (MSHA) reportable injuries.

AIME Seeks Nominations for 2006 Awards

24 March 2005 - The AIME Standing Award Committees are seeking nominees for the 2006 AIME Awards.

Steel Technologies Anticipates Record Q2 Sales and Earnings

23 March 2005 - Steel Technologies Inc. expects its results for the second fiscal quarter to reflect continued significant increases in sales throughout its operations.

Quanex Approves Capital Project for MacSteel

23 March 2005 - Quanex Corp.’s Board of Directors has approved Phase 9, a $38 million value added capital improvement project for its MacSteel Monroe facility.

Commercial Metals Reports Record 2nd Quarter

23 March 2005 - Commercial Metals Co. reported net earnings of $56.6 million on net sales of $1.6 billion for the quarter ended February 28, 2005, ranking it as the strongest second quarter ever reported for the company. The company also reported net earnings of $130.3 million on net sales of $3.1 billion for the first six months of the fiscal year.

Cleveland-Cliffs Increases Portman Interest to Over 60%

23 March 2005 - Cleveland-Cliffs Inc has received acceptances increasing its voting power in Portman Limited to over 60%.

Cleveland-Cliffs Increases Interest in Portman

22 March 2005 - Cleveland-Cliffs Inc has acquired a total relevant interest in approximately 48.4 million Portman shares, representing approximately 27.6% of Portman's issued share capital as of Monday morning. The offer for Portman was due to close at 7:00 p.m. (Perth time), which is 6:00 a.m. (New York time) on March 22, 2005.

Allegheny Ludlum Sets Price Increases for Cold Rolled Stainless

22 March 2005 - ATI Allegheny Ludlum announced that it would increase prices for T309, T310 and T330 cold-rolled stainless steel sheet, strip, plate, continuous mill plate and Tubular Quality sheet and strip by approximately 5%.

Quanex Announces Purchase of Besten

22 March 2005 - Quanex Corp. announced the purchase of privately held Besten Inc., located in Cleveland, Ohio.

Ladle Carrier Tires Explode at Severstal North America

22 March 2005 - Severstal North America, Inc. reported that twelve Severstal and outside emergency responders were injured when two tires on a liquid steel carrier caught fire and exploded.

Stainless Steel Imports Grow 37% in 2004 on 13% Consumption Increase

21 March 2005 - Data released by the Specialty Steel Industry of North America (SSINA) show that stainless steel imports have increased to 677,173 tons in 2004. The 37% increase in stainless imports compared to 2003 overshadows the 13% growth in domestic stainless steel consumption over the same period. Total specialty steel imports (including stainless, alloy tool steel and electrical steel) increased by 29% over the same period, more than double the 11% growth in specialty steel consumption.

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