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Wheeling-Pittsburgh
Latest News
Wheeling-Pittsburgh Adopts Shareholder Rights Plan
17 February 2005 - Wheeling-Pittsburgh Corp.’s Board of Directors has adopted a shareholder rights plan that is primarily designed to protect the company's net operating loss carryforwards (NOLs) for tax purposes.
Wheeling-Pittsburgh Updates Financial Expectations
15 February 2005 - Wheeling-Pittsburgh Corp. has provided an update on operational and financial expectations in light of recently quantified effects of the December 2004 ductwork collapse at the company’s basic oxygen furnace (BOF).
Wheeling-Pitt Commences Efficiency-Based Technology Initiatives
13 January 2005 - Wheeling-Pittsburgh Steel Corp. announced recent technology initiatives designed to drive business efficiency and enhanced customer service. The company currently uses solutions from i2 Technologies, Inc., and recently began implementing solutions from Steelman Software Solutions Inc. These technology upgrades to the company's computerized planning, order management, mill scheduling and production tracking tools are designed to help gain a competitive edge.
USWA Welcomes Severstal Partnership with Wheeling-Pitt
31 December 2004 -
Wheeling-Pittsburgh and Severstal North America form Coke Joint Venture
29 December 2004 - Wheeling-Pittsburgh Steel Corp. and Severstal North America, Inc. signed a non-binding letter of intent to create a joint venture involving Wheeling-Pittsburgh Steel's Coke Plant, located in Follansbee, W.Va. The venture would ultimately provide for each party to take 50% of the coke produced by the joint venture.
Wheeling-Pittsburgh Steel Restarts Basic Oxygen Furnace
23 December 2004 - Wheeling-Pittsburgh Steel Corp. restarted production from its Basic Oxygen Furnace (BOF) facility Wednesday, Dec. 22. The BOF had been down for about 12 days following a collapse of ductwork and associated equipment at the BOF facility.
Ductwork Failure Slows Production at Wheeling-Pittsburgh Steel
13 December 2004 - Wheeling-Pittsburgh Steel Corp. has partially restored electricity to steelmaking facilities following a collapse of ductwork and related equipment on the roof of its basic oxygen furnace building late last Thursday.
Wheeling-Pittsburgh Makes First Heat from Continuous EAF
29 November 2004 - Wheeling-Pittsburgh Steel Corp. completed the first heat in its continuous electric arc furnace (EAF) at approximately 11:50 a.m., Sunday, Nov. 28, less than 16 months after the project was authorized. The EAF is located at the company's Mingo Junction, Ohio, Plant.
Wheeling-Pittsburgh Reports 3rd Quarter Results
09 November 2004 - Wheeling-Pittsburgh Corp., the holding company of Wheeling-Pittsburgh Steel Corp., reported net income of $35.6 million on net sales of $401.8 million for the quarter ended September 30, 2004.
Wheeling-Pittsburgh Makes First Heat in New LMF
05 October 2004 - Wheeling-Pittsburgh Steel Corp. announced that its ladle metallurgy furnace (LMF) completed its first heat on Friday, Oct. 1, just 14 months after the project was authorized. The LMF is part of Wheeling-Pittsburgh’s new Consteel(R) Electric Arc Furnace system.
Wheeling-Pittsburgh Closes Common Stock Offering
23 September 2004 - Wheeling-Pittsburgh Corp. recently closed its public offering of 3,650,000 shares of common stock, including 477,602 shares offered on behalf of certain selling shareholders, at a public offering price of $29.00 per share. The underwriters exercised their option to purchase 547,500 additional primary shares of common stock to cover over-allotments, which also closed on September 21, 2004.
Wheeling-Pittsburgh Announces Pricing of Common Stock Offering
17 September 2004 - Wheeling-Pittsburgh Corp. announced the pricing of a public offering of 3,650,000 shares of common stock, including 477,602 shares offered on behalf of certain selling shareholders, at a public offering price of $29.00 per share. Wheeling-Pittsburgh has granted the underwriters a 30-day option to purchase up to 547,500 additional primary shares of common stock to cover over-allotments, if any.
Thermo Electron to Supply Gauges for Wheeling Pgh Tandem Mill Upgrade
26 August 2004 - Thermo Electron Corp. will supply Wheeling Pittsburgh Steel Corp. with two Radiometrie RM 215 X-ray thickness gauge upgrades for the 66-Inch Tandem Mill at their Allenport, Pa., facility.
Wheeling-Pittsburgh Reports 2nd Quarter Income
10 August 2004 - Wheeling-Pittsburgh Corp., the holding company of Wheeling-Pittsburgh Steel Corp., reported net income of $27.1 million on net sales of $356.1 million for the quarter ended June 30, 2004.
Latest Update on Wheeling Pittsburgh EAF Construction
13 July 2004 - Wheeling Pittsburgh Steel Corp. has updated its website with information and photos about the construction and future operations of the electric arc furnace that is under construction at its Mingo Junction plant.
Wheeling Pittsburgh Generates Savings from Idled Equipment and Buildings
07 July 2004 - Wheeling Pittsburgh Steel Corp. has completed more than half of a demolition program that is expected to generate in excess of $1.1 million in scrap steel savings.
Wheeling-Pittsburgh Files Public Offering Registration Statement
02 July 2004 - Wheeling-Pittsburgh Corp. filed with the Securities and Exchange Commission a registration statement on June 30, 2004 for a public offering of its common stock.
Wheeling-Pittsburgh Joins Russell 3000 Index
30 June 2004 - Wheeling-Pittsburgh Corp. joined the Russell 3000 Index when the broad-market index was reconstituted June 25.
Capital Spending on the Rise for Ohio Steelmakers
27 May 2004 -
Wheeling-Pittsburgh to Reduce Coke Usage with Blast Furnace Innovation
27 May 2004 -
