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Oregon Steel Mills Announces 4th Quarter Results

11 March 2005 - Oregon Steel Mills, Inc. announced net income of $44.8 million on sales of $302.0 million for the fourth quarter of 2004.

Cleveland-Cliffs Extends Portman Offer

10 March 2005 - Cleveland-Cliffs Inc. has extended its offer for all of the shares in Portman Limited for four days.

Esmark Acquires U.S. Metals and Supply

10 March 2005 - Esmark Inc. announced its acquisition of U.S. Metals and Supply Co. for $16 million.

Ispat Inland Further Increases Consent Offer

10 March 2005 - Ispat Inland Inc. affiliate Ispat Inland ULC has increased the consent payment it will make to the holders of its Senior Secured Floating Rate Notes due 2010 and 9.75% Senior Secured Notes due 2014 that validly deliver (and not revoke) consents to $5.00 for each $1,000 principal amount of Notes held by such holders.

Steel Industry Applauds Extension of SIMA Program

10 March 2005 - Steel industry leaders welcomed the Department of Commerce’s decision to extend and enhance the Steel Import Monitoring and Analysis (SIMA) program to 2009.

EMJ Announces Third Amended and Restated Credit Agreement

09 March 2005 - Earle M. Jorgensen Co. has entered into a Third Amended and Restated Credit Agreement, with Earle M. Jorgensen Holding Co., Inc., related financial institutions, and Deutsche Bank Trust Co. Americas, acting as agent.

Former Ivaco Directors Resign

09 March 2005 - Ernst & Young Inc., court-appointed Monitor of Ivaco Inc. and certain of its affiliates announced that all of the directors have advised the Monitor of their resignation.

Stelco Offers Operating Earnings Estimate

09 March 2005 - Stelco Inc. has issued preliminary unaudited operating results for the fourth quarter and year 2004, as well as commentary on estimated 2005 results. The company cautions that the estimates are unaudited and do not include possible adjustments to operating earnings that may be required as a result of the capital raising and sales process, the claims reconciliation process or other matters that may arise prior to finalization of Stelco's 2004 financial statements.

Timken to Sponsor Engineer of the Year Award

08 March 2005 - The Timken Co. announced it will sponsor Design News' "Engineer of the Year" award.

Bayou Steel Reports 1st Quarter Results

08 March 2005 - Bayou Steel Corp. reported net income of $4.2 million on sales of $63.1 million for the fiscal first quarter ended December 31, 2004.

Morgan Commissions Sterling Steel Rod Mill Upgrade

08 March 2005 - Morgan Construction Co. has installed and commissioned a major upgrade for the Sterling Steel Co., LLC single-strand rod mill in Sterling, Ill.

Ispat Inland Accelerates Maintenance Outages

08 March 2005 - Ispat Inland Inc. is moving up the maintenance outage for No. 6 Blast Furnace at its Indiana Harbor Works in East Chicago. The blast furnace, which typically produces iron at the rate of 2,500 tons a day, has been blown down and cooled so it can be gunned with additional refractory material to extend the life of its refractory lining.

Roanoke Electric Steel Reports Record 1st Quarter Results

08 March 2005 - Roanoke Electric Steel Corp. reported record first quarter net earnings of $9,185,874 on sales of $131,309,983 for the period ended January 31, 2005.

Steel Industry Rallies Support for Continued Import Monitoring

07 March 2005 - Steel associations and a union have joined together on behalf of their U.S. members to voice their strong support for The Steel Import Monitoring and Analysis Act (SIMA, or H.R. 1068).

Northwest Pipe to Supply Pipe for San Antonio Water System Project

04 March 2005 - Northwest Pipe Co. has been selected to supply approximately $5 million of welded steel pipe to Holloman Corp. of Midland, Texas. The pipe will be utilized in the Carrizo Aquifer Storage & Recovery WTP project for the San Antonio Water System.

Ispat Inland Increases Consent Offer

04 March 2005 - Ispat Inland ULC has increased the consent payment it will make to holders of its Senior Secured Floating Rate Notes due 2010 and 9.75% Senior Secured Notes due 2014 that validly deliver (and not revoke) consents to $2.50 for each $1,000 principal amount of Notes held by such holders.

Steelworkers Applaud Reassurance on Sale of Stelco Subsidiaries

04 March 2005 - The United Steelworkers is pleased with Stelco Inc.'s agreement to not proceed with the sale of one or more of its subsidiaries, whose hourly employees are represented by the union.

WCI Steel Implements Alloy Surcharge

04 March 2005 - WCI Steel, Inc. has begun implementation of a content-based alloy surcharge.

OSHA Cites Valmont Coatings after Chemical Spill

03 March 2005 - The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has issued citations to Valmont Coatings-Oklahoma Galvanizing in Claremore, Okla., and proposed penalties totaling $126,000 for safety and health violations which sent 18 employees to the hospital.

Ellwood Quality Starts up New EAF Gunning Robot

03 March 2005 - Ellwood Quality Steel Co., New Castle, Pa., has put a new EAF Gunning Robot into operation.

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