Ispat Inland
Latest News
Whirlpool and Ispat Inland Reach Settlement
09 September 2004 - Whirlpool Corp. and Ispat Inland Inc. have reached a mutually satisfactory settlement of their litigation filed in Berrien County, Mich., Circuit Court.
Ispat Iscor to Contest Solidarity Action
01 September 2004 - Ispat Iscor confirmed that it had been served with court papers by the Solidarity trade union, and that the company would file opposing papers on the matter in due course.
Ispat Iscor Adjusts Flat Steel Prices
01 September 2004 - Ispat Iscor announced that it will adjust domestic prices on certain steel products by 2.5 to 8% in line with international price movements. The price adjustments will be effective from November 2004.
Management Changes at Ispat Iscor
01 September 2004 - Ispat Iscor has made excellent progress in recent years to establish itself as a premier global steel producer. With the support of its major shareholder, LNM Holdings NV, Ispat Iscor has delivered substantial sustainable audited cost savings exceeding ZAR 1,412 billion through the Business Assistance Agreement. This has contributed to a significant turnaround in the fortunes of the company, reflected in the recent interim results where an operating profit of ZAR 2.9 billion was reported.
Coalition Announces Grand Calumet and Indiana Harbor Settlement
23 August 2004 - U. S. Steel, part of a coalition of eight companies, announced last week an historic agreement regarding plans for environmental restoration of the East Branch of the Grand Calumet River and the Indiana Harbor Canal System. The agreement, which should expedite work on the area's natural resources and habitats, settles a natural resources damages claim brought by the state of Indiana and two federal agencies against companies whose operations had allegedly had an adverse effect on the area's environment. The settlement involves eight of the companies.
Ispat Inland Survivor Supplement Expires per Pension Agreement
10 August 2004 - A supplemental pension benefit for surviving spouses of Ispat Inland employees who retired before Aug. 1, 1989, has expired as provided in a pension agreement with the United Steelworkers of America.
Ispat Inland Reports 2nd Quarter Income
09 August 2004 - Ispat Inland Inc. reported net income of $54.1 million on net sales of $771.9 million for the second quarter of 2004.
Ispat Iscor Reports Record Half-Year Earnings
01 August 2004 - Ispat Iscor Limited reported record interim headline earnings of R1551 million, up 36% over last year.
Ispat Iscor Realigns Flat Steel Prices
01 August 2004 - Ispat Iscor recently announced that it will realign its domestic flat steel prices following two consecutive months of lower pricing in the flat steel product range.
Solidarity Trade Union Accepts Ispat Iscor Wage Offer
01 August 2004 - Ispat Iscor Limited recently confirmed that it had reached agreement on a final wage offer with the Solidarity trade union.
Ispat Inland and Union Extend Current Agreements
28 July 2004 - Ispat Inland Inc. and the United Steelworkers of America have agreed to extend their collective-bargaining agreements until midnight Aug. 15. Labor contracts covering workers at three Ispat Inland locations were to expire this Saturday, July 31.
Ispat Inland and Union Recess Talks
19 July 2004 - Ispat Inland Inc. and the United Steelworkers of America suspended talks on Thursday, July 15, after five weeks' intensive discussions toward a new collective bargaining agreement.
Parsytec to Provide Surface Inspection for I/N Tek Pickling-Tandem Line
16 July 2004 - Parsytec AG has received an order from I/N Tek for implementation of a surface inspection solution at the company’s continuous pickling-tandem line.
Whirlpool and Ispat Inland Reach Agreement
18 June 2004 - Whirlpool Corp. and Ispat Inland Inc. have reached a confidential agreement staying the litigation involving the two companies for 45 days while securing Whirlpool's steel supply and allowing the temporary restraining order against Ispat to be dissolved.
Court Orders Ispat Inland to Continue Deliveries to Whirlpool
21 May 2004 -
Ispat Inland Reports 1st Quarter Results
11 May 2004 -
Ispat International Reports 1st Quarter Results
07 May 2004 -
Ispat Inland Prices $800 Million in Senior Notes
23 March 2004 -
Ispat Inland Offers $800 Million in Senior Notes
10 March 2004 -
Cleveland-Cliffs Reports 4th Quarter and Full Year Results
06 February 2004 -
