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Mechel Starts up Danieli Caster and Hot Rolling Facilities

29 June 2004 - Mechel (Chelyabinsk Integrated Iron and Steel Works), Russia, recently inaugurated a new 6-strand Danieli continuous casting machine and upgraded "250-1" rolling mill.

Shanghai Commissions New Stainless Steel Meltshop

29 June 2004 - SMS Demag AG, Germany, has successfully commissioned the new stainless steel meltshop of the Chinese SBGC Shanghai No. 1 Iron & Steel Co. Ltd., P.R. China. Consortium leader SMS Demag was in charge of project planning and construction of the stainless steel production line as well of as a continuous caster.

ThyssenKrupp Stahl Pulls Out of GalvaSud

29 June 2004 - ThyssenKrupp Stahl AG has sold its 49% of the GalvaSud joint venture to the Brazilian company Companhia Siderúrgica Nacional (CSN).

Allegheny Technologies Adjusts 2nd Quarter Expectations

29 June 2004 - Allegheny Technologies Inc. expects second quarter 2004 results to be favorably impacted by improving market conditions and special items.

Elbe-Stahlwerke Feralpi Commissions Rod and Light Section Mill

29 June 2004 - Elbe-Stahlwerke Feralpi GmbH, Germany, recently started up its Riesa bar and wire rod mill, which had been modernized by SMS Meer GmbH, Germany. The mill achieved an output of 1,600 tonnes per day in its first week of production following the brief plant shutdown of only four weeks.

VAI Pomini to Provide Bar Mill for Shougang Iron and Steel

29 June 2004 - Shougang Iron and Steel Company Ltd recently awarded VAI Pomini Srl an order for a new 20-stand bar and bar in coil mill in Beijing, P.R. China.

Carpenter Announces New Executive Assignments

28 June 2004 - Carpenter Technology Corp. announced new assignments for its two key operational executive officers.

Steel Technologies Raises Third Quarter Expectations

28 June 2004 - Steel Technologies Inc. expects its results for the third fiscal quarter to reflect continued substantial increases in volume through its operations.

Oregon Steel Announces 2nd Quarter Results

28 June 2004 - Oregon Steel Mills, Inc. reported record net income of $14.0 million on record sales of $281.8 million for the second quarter of 2004.

Steelworkers Ratify Agreement with Samuel Strapping

25 June 2004 - Members of the United Steelworkers' Local 03-18 have ratified a new collective agreement with Samuel Strapping, part of Samuel Manu-Tech Inc., at its Warden Avenue facility in Toronto.

Canadian Trade Tribunal to Commence Interim Review of Stainless Bar Products

25 June 2004 - The Canadian International Trade Tribunal has initiated an interim review of its order concerning stainless steel round bar with diameters ranging from 25 up to 570 mm originating in or exported from the Federal Republic of Germany, France, India, Italy, Japan, Spain, Sweden, Chinese Taipei, the United Kingdom and the Republic of Korea.

EPA Region 5 Settles Case with Steel Dynamics

25 June 2004 - U.S. Environmental Protection Agency Region 5 recently settled an administrative case involving hazardous chemical reporting violations with Steel Dynamics, Butler, Ind. An additional case was settled with Kohl's Foods, Milwaukee, Wis., and new complaints were filed against Sewall Gear Manufacturing, St. Paul, Minn., and U.S. Aluminate Co., Ashtabula, Ohio.

Novamerican Reports Record Quarterly Profit

25 June 2004 - Novamerican Steel Inc. announced net income of $20.6 million* on sales of $74.0 million for the second quarter ended May 29, 2004. This was the 26th consecutive profitable quarter for the company.

Roanoke Electric Steel Elects President

25 June 2004 - Roanoke Electric Steel Corp. announced that T. Joe Crawford has been elected President/Chief Operating Officer of the company.

Reliance Updates Outlook, Announces Business Expansions

25 June 2004 - Reliance Steel & Aluminum Co. is updating its guidance regarding the company's earnings estimates for the second quarter ended June 30, 2004.

Worthington Reports Record Fiscal Year Results

24 June 2004 - Worthington Industries, Inc. reported net earnings of $39.4 million on record sales of $782.9 million and net earnings of $86.8 million on record sales of $2,379.1 million for the three and twelve month periods ended May 31, 2004, respectively.

Ryerson Tull Declares Dividends

24 June 2004 - The Board of Directors of Ryerson Tull, Inc. declared cash dividends of 5 cents per share on the company's common stock and 60 cents per share on its Series A $2.40 Cumulative Convertible Preferred Stock.

Stelco and Union Locals Agree on Process for Talks

24 June 2004 - Stelco Inc. has reached an agreement with its USWA Locals establishing a framework for discussions on restructuring and other matters between now and September 30, 2004.

Novamerican Announces New Temper Mill

23 June 2004 - Novamerican Steel Inc. announced it will install a new in-line temper mill and cut-to-length line at the company's new 160,000 square foot central manufacturing and processing facility in Montreal. The new mill is expected to be in operation by the fourth quarter 2004.

Oregon Steel Mills to Idle Napa Pipe Mill

23 June 2004 - Oregon Steel Mills, Inc. will idle indefinitely its large-diameter pipe mill located in Napa, Calif., beginning in late June.

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