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ArcelorMittal to Buy Saar Ferngas from RAG

04 September 2007 - ArcelorMittal signs agreement with RAG Beteiligungs-AG for the acquisition of RAG’s 76.88% stake in Saar Ferngas AG, the largest gas distribution company in Saarland and Rhineland-Palatinate.

SMS Demag to Supply Compact Hot Strip Mill for Colakoglu Metalurji

04 September 2007 - SMS Demag will construct a compact, 330-meter long, 3 million tonnes per year hot strip mill for Colakoglu Metalurji AS.

ArcelorMittal Completes Laser Welding Deal with Noble International

04 September 2007 - ArcelorMittal and Noble International complete the transaction to combine their laser-welded tailored blanks businesses in an approximately US$300-million deal involving eight production facilities in western and eastern Europe, China, India and the U.S., plus interest in two joint ventures in Asia.

SMS Demag to Upgrade ArcelorMittal’s Gent Converters for Gas Recovery

03 September 2007 - SMS Demag will upgrade the dust collection system for ArcelorMittal’s two 290-tonne converters at Gent, preparing it to be retrofitted with a converter gas recovery system.

Tenova to Supply Latest-Technology Tinning Line for Jiangsu Dajiang Metal

03 September 2007 - Jiangsu Dajiang Metal’s Sunshine Group awards contract to Tenova to supply a 250,000 tonne/year high-speed electrolytic tinning line with insoluble anodes, tin dissolution reactors, and new edge-mask technology.

SSAB Inaugurates Plate and Parts Center in China

31 August 2007 - SSAB inaugurated a new plate center for warehouse and wear parts processing in China, the company’s first in the Asia-Pacific region.

PTI Installs JetBOx System at Five Asian Steel Facilities

31 August 2007 - Process Technology International completes installation and start-up of JetBOx combustion systems, comprising multiple JetBOxes and JetBUrners, at several steel mills in Asia.

Harsco Acquisition Expands Eastern European Presence

31 August 2007 - Harsco expands its services in the growing Eastern European steel industry with the acquisition of Alexander Mill Services International, a privately held company that provides mill services to some of the leading steel producers in Poland and Romania.

BMZ Starts up SMS Meer-Supplied Seamless Tube Mill

29 August 2007 - Byelorussian Steel Works celebrates the official opening of a complete SMS Meer seamless tube plant featuring PQF three-roll finishing technology.

Shareholders Approve First Step of Mittal Merger Process

29 August 2007 - Mittal Steel shareholders approve the merger of Mittal Steel into ArcelorMittal, the first step in the two-step merger process between Mittal Steel and Arcelor.

Courts Reject Minority Arcelor Shareholder Motions

28 August 2007 - The District Court of Rotterdam and the Tribunal de Grande Instance of Paris reject attempts by minority Arcelor shareholders to prevent the merger of the Arcelor and Mittal Steel, as based on announced terms.

Steel Financial Bulletin Shows European Producers in Lead for 2007 Margins

27 August 2007 - The latest edition of Steel Financial Bulletin from Integer Research reveals that European steel producers have reported record profits in 2007, while margins in the U.S. steel market have fallen.

Air Products to Build Third Air Separation Plant for Guofeng Steel

23 August 2007 - Air Products will build a third air separation plant to supply industrial gases for Tangshan Guofeng Steel’s facilities in the Hebei Province.

SMS Demag to Upgrade Arcelor’s Bremen Converters for Gas Recovery

23 August 2007 - SMS Demag will upgrade the dust collection system for ArcelorMittal’s two 290-tonne converters at Bremen, preparing it to be retrofitted with a converter gas recovery system.

SMS Meer to Upgrade Firth Rixon Ring Rolling Machine

21 August 2007 - SMS Meer will modernize radial-axial ring rolling machine for Firth Rixon, including a new hydraulic system and modernization of the control system.

Worthington to Form European Steel Processing Joint Venture

21 August 2007 - Worthington Steel will form a joint venture with The Magnetto Group to operate a steel processing facility in Kosice, Slovakia.

IISI Reports World Crude Steel Production for July 2007

21 August 2007 - World crude steel production for the 67 countries reporting to the International Iron and Steel Institute stood at an estimated 109.9 million tonnes in July — 5.3% higher than for the same month of 2006, but a drop of 1.1% from the previous month. Excluding China, world production fell by 0.5% compared to the previous month, and grew by just 0.5% compared to July 2006.

MultiServ Extends Services at Ternium and Siderperu

17 August 2007 - Harsco’s MultiServ division enters multi-year contracts extending its on-site mill services at three Mexico-based operations of Ternium, one of the leading steel companies in Latin America, and at Siderperu, Peru's largest steel producer.

Siemens to Supply Hot Strip Mill for Jindal Stainless

17 August 2007 - Jindal Stainless places order with Siemens’ Metals Technologies Division for a new hot strip mill, including mechanical equipment, drives, and complete basic and process automation.

CSN Posts Record Net Income for 2nd Quarter

16 August 2007 - Companhia Siderurgica Nacional reports net income of R$ 1.7 billion for the first half of 2007 - 129% more than in the first half of 2006 and a new six-month record for the company.

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