Steel News

Wheeling-Pittsburgh Revises Second-Quarter Expectations

02 July 2007 - Unplanned outages, high scrap costs, and sluggish demand for flat-rolled products are prompting Wheeling-Pittsburgh to lower its second-quarter earnings expectations.

Prescription Benefits Improved for Wheeling-Pitt Retirees, Spouses

22 June 2007 - The United Steelworkers announce a benefit increase for Medicare-eligible Wheeling-Pittsburgh Steel retirees who lost health coverage when the company reorganized under Chapter 11 and subsequently enrolled in the Wheeling-Pitt Voluntary Employees’ Beneficiary Association’s Advantra programs.

Wheeling-Pittsburgh Comments on Scrap Supplier Lawsuits

19 June 2007 - Wheeling-Pittsburgh comments on an arbitration proceeding commenced by Herman Strauss, and a lawsuit filed by Metal Management, Inc.

Wheeling-Pittsburgh Once Again in Compliance with NASDAQ Rules

18 June 2007 - Wheeling-Pittsburgh has amended notes issued in March 2006 to affiliates of James P. Bouchard and Craig T. Bouchard, bringing the company back into compliance with NASDAQ’s Marketplace Rule 4350(i)(1)(A).

Wheeling-Pittsburgh Reports 1st Quarter Results

11 May 2007 - Wheeling-Pittsburgh reports a net loss of $59.9 million on net sales of $397.7 million for the first quarter ended March 31, 2007.

Wheeling-Pittsburgh CEO to Retire

28 March 2007 - Wheeling-Pittsburgh Steel announced that Harry L. Page, prior President and Chief Operating Officer and a 39-year steel industry veteran, will retire, effective April 1, 2007.

Wheeling-Pittsburgh Announces Raw Materials Surcharge

22 March 2007 -  

Wheeling-Pittsburgh Reports 2006 Results

19 March 2007 -  

Wheeling-Pittsburgh and Esmark Enter into Merger Agreement

19 March 2007 -  

OSHA Cites Wheeling-Pittsburgh for Safety Violations at Mingo Junction

05 March 2007 -  

Wheeling-Pittsburgh Announces Price Increase

02 March 2007 -  

Esmark Confirms Terms of Proposed Deal with Wheeling-Pittsburgh

13 February 2007 -  

Ohio Steel Producers Concerned over Imports, Health of Auto Industry

12 February 2007 -  

Esmark, Arcelor Mittal Enter MOU for Weirton Steel Assets

22 January 2007 - Esmark Inc. and Arcelor Mittal confirmed they have entered into a Memorandum of Understanding in which Esmark will acquire the hot roll, cold roll, coated and tin assets of Arcelor Mittal’s Weirton, W.Va., steel plant. The MOU contemplates execution of definitive transaction agreements by February 2, 2007 when the MOU terminates.