Wheeling-Pittsburgh
Latest News
This Is How It Ended for an Ohio Galvanizing Steel Mill
04 November 2016 - Auctioneers liquidated an Ohio galvanizing plant on Thursday, selling off equipment for pennies on the dollar.
Wheeling-Pittsburgh Files NLRA Charge Against Steelworkers
12 June 2008 - Wheeling-Pittsburgh Steel files a charge under the National Labor Relations Act against the USW for its claims that it can block the proposed acquisition of the company by Essar Steel Holdings, as well as its attempts to block the sale.
Esmark Agrees to Merge with Essar Steel
01 May 2008 - Esmark agrees to the material terms of a proposed tender offer and merger with Essar Steel Holdings Limited for a cash purchase price of $17.00 per share.
Esmark Settles Lawsuit with Metal Management
01 April 2008 - Esmark confirms settlement of litigation between its wholly owned subsidiaries, Esmark Steel Service Group and Wheeling Pittsburgh-Steel and Metal Management, Inc.
Wheeling-Pittsburgh to Close Allenport Facility
01 April 2008 - Wheeling-Pittsburgh Steel announces plans to close its Allenport facility and idle two of the three galvanizing lines located at its Martins Ferry location.
Esmark Announces New Management for Core Business Segments
09 January 2008 - As it aligns management responsibilities with its two business segments—Mill Operations and Downstream Operations—Esmark announces several executive appointments that take effect immediately.
WorleyParsons to Install Smart-Gas System for Wheeling Pittsburgh Steel EAF
19 December 2007 - WorleyParsons Gas Cleaning will install a complete Smart-Gas System that will allow Wheeling-Pittsburgh Steel to optimize total energy utilization in their Mingo Junction EAF.
OSHA Cites Wheeling Pittsburgh Steel for Safety Violations
14 December 2007 - OSHA proposes $210,000 in fines against Wheeling Pittsburgh Steel for alleged repeat and serious violations of federal workplace safety standards.
Stockholders Approve Merger of Wheeling-Pittsburgh and Esmark
28 November 2007 - In a long-awaited vote, stockholders of Esmark Inc. and Wheeling-Pittsburgh Corp. overwhelmingly approve the combination of the two companies.
Wheeling-Pitt Chairman Reaches Out to Shareholders Regarding Esmark
08 November 2007 - Wheeling-Pittsburgh Chairman James P. Bouchard issues a letter to shareholders regarding the upcoming combination with Esmark Inc.
Tenova Goodfellow to Install EFSOP Technology on Wheeling Pittsburgh EAF
30 October 2007 - Tenova Goodfellow will install Goodfellow EFSOP process control technology on Wheeling-Pittsburgh’s 270-ton Consteel EAF installation at the company’s Steubenville/Mingo Junction Plant.
Wheeling-Pittsburgh Sets Special Meeting of Stockholders
29 October 2007 - Wheeling-Pittsburgh schedules the special meeting of its stockholders to consider and vote on the proposed business combination with Esmark.
Wheeling-Pittsburgh and Esmark Amend Merger Agreement
24 October 2007 - Wheeling-Pittsburgh and Esmark enter into an amendment to their definitive merger agreement to adjust the timing of the put and purchase rights that will be granted to Wheeling-Pittsburgh stockholders in connection with the combination.
Justice Department Okays Sale of Sparrows Point to E2 Acquisition
06 September 2007 - The United States Department of Justice approves E2 Acquisition Corp.’s acquisition of the Sparrows Point mill from ArcelorMittal USA for a purchase price of $1.35 billion.
Wheeling-Pittsburgh Nears Deal to Refinance Existing Credit Facilities
20 August 2007 - Wheeling-Pittsburgh reaches agreement in principle with its lead banks on the terms of a $350-million revolving credit facility to replace its current $225-million facility, and a new $135-million term loan to replace its existing government guaranteed term loan.
Wheeling-Pittsburgh Reports 2nd Quarter Results
13 August 2007 - Unplanned outages at the EAF, higher-than-anticipated scrap costs, and weaker-than-expected market conditions contribute to Wheeling-Pittsburgh’s net loss of $41.6 million on net sales of $467.0 million for the quarter ended June 30, 2007.
USW Responds to ArcelorMittal’s Sale of Sparrows Point Mill
03 August 2007 - The United Steelworkers affirms the sale ArcelorMittal USA’s Sparrows Point Plant to Esmark, noting that negotiations will soon begin with both the seller and the new buyer.
ArcelorMittal Announces Sale of Sparrows Point
02 August 2007 - ArcelorMittal USA enters into an agreement to sell its Sparrows Point facility and related assets to a joint venture group backed by Esmark and Wheeling-Pittsburgh, along with various industry and institutional investors.
Wheeling Corrugating President Resigns
13 July 2007 - Steven Sorvold, President of Wheeling Corrugating (an operating division of Wheeling Pittsburgh) has resigned from the company, effective July 31, 2007.
Jury Awards Wheeling-Pittsburgh $220 Million in Lawsuit against Massey
04 July 2007 - A Brooke County, W.Va., jury unanimously awards Wheeling-Pittsburgh $219.85 million in its lawsuit against Massey Energy and subsidiary Central West Virginia Energy Co.
