16 July 2008 - Commercial Metals enters agreement to purchase the operating assets of Reinforcing Post-Tensioning Services, Regional Steel Corp., and RPS Cable Corp., based in Claremont, Calif.

California Steel Reports 2nd Quarter Results

16 July 2008 - California Steel reports net income of $44.2 million on sales revenues of $431.1 million for the second quarter, and net income of $53.8 million on sales revenues of $800.3 million for the six months ended June 30, 2008.

Allegheny Technologies Raises 2nd Quarter Expectations

15 July 2008 - Allegheny Technologies raises its earning expectations for the second quarter of 2008 into the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit.

Cleveland-Cliffs Acquires Remaining Interest in United Taconite

15 July 2008 - Cleveland-Cliffs Inc has acquired United Mining's 30% interest in United Taconite, making it the sole owner of the Eveleth, Minn., iron ore mining and pelletizing operation.

CMC Board Names McClean Chairman

14 July 2008 - The Commercial Metals Co. Board of Directors elects Murray R. McClean as Chairman of the Board in addition to his ongoing responsibilities as President and Chief Executive Officer.

ArcelorMittal Launches Funds to Support Environmental Initiatives

14 July 2008 - ArcelorMittal has launched a new clean technology venture capital fund to support commercialization of clean energy technologies, as well as a new carbon fund to promote climate friendly solutions for steel production processes.

Cliffs Plans Expansion Project at Empire and Tilden Mines

14 July 2008 - Cleveland-Cliffs Board approves a capital project that will expand capacity at its Empire and Tilden mines in Michigan’s Upper Peninsula.

Nucor Ad Campaign Honored by NYC Business Marketing Association

11 July 2008 - A Nucor ad campaign takes top honors at the Business Marketing Association of New York City’s 25th annual awards competition.

Latrobe Specialty Steel Offers 90-Day Contract Extension

11 July 2008 - Latrobe Specialty Steel reiterates its offer for a 90-day extension to its labor contract with the United Steelworkers — again.

Carpenter Completes Sale of Metal Shapes Business

09 July 2008 - Carpenter Technology completes the sale of its Rathbone Precision Metals business to Treci Srl, controlling company of Calvi Holdings, Srl.

Cliffs Updates 2008 Guidance, Comments on 2009 Pricing

09 July 2008 - Cleveland-Cliffs updates its 2008 iron ore revenue and cost-per-ton guidance for both the Asia-Pacific and North American segments, and comments on expected pricing for its North American Iron Ore segment for 2009.

Nucor Completes Acquisition of 50% Stake in Duferdofin

09 July 2008 - Nucor completes its previously announced acquisition of 50% of the stock of Duferdofin–Nucor Srl for a purchase price of euro 423.5 million, or approximately $658 million.

Severstal Completes Acquisition of WCI Steel

08 July 2008 - OAO Severstal completes its acquisition of WCI Steel for a total cash consideration of US$140 million.

AK Steel Announces August Surcharges for Electrical Steels

07 July 2008 - AK Steel will add a $905-per-ton surcharge to invoices for electrical steel products shipped in August 2008.

ALJ Reports Third Quarter Revenues

07 July 2008 - ALJ, the parent company of Kentucky Electric Steel, reports revenues of $51.1 million for the quarter, and revenues of $133.4 million for the nine months ended June 30, 2008.

Gerdau Ameristeel to Begin Phase One Expansion at Jacksonville

04 July 2008 - Gerdau Ameristeel announces initiation of the first two phases of the announced expansion of its Jacksonville, Fla., steel mill, which will ultimately expand the facility’s annual melting and rolling capacity to more than 1.0 million tons of rebar products.

CMC Completes Acquisition of ABC Coating Companies and Affiliates

02 July 2008 - Commercial Metals completes its acquisition of the operating assets of ABC Coating Companies, Banner Rebar, and Toltec Steel Services.

Schnitzer Steel Reports Record Third Quarter

02 July 2008 - Schnitzer Steel Industries reports record quarterly net income of $62 million on record quarterly revenues of $972 million for the third quarter, and net income of $122 million on revenues of $2328 million for the nine months ended May 31, 2008.

Cleveland-Cliffs Announces Convertibility of Preferred Stock

01 July 2008 - Cleveland-Cliffs fulfills the trading price condition for the conversion right of its 3.25% redeemable cumulative convertible perpetual preferred stock, with the result that preferred stock may be surrendered for conversion at any time during the fiscal third quarter ending Sept. 30, 2008.

OSHA Cites KMA Manufacturing for Multiple Workplace Violations

01 July 2008 - OSHA cites KMA Manufacturing LLC for numerous alleged safety and health violations following a fatal industrial accident in December 2007.

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