12 May 2008 - Esmark confirms settlement of litigation pending between its Esmark Steel Service Group and Herman Strauss, Inc. over scrap purchased by Wheeling-Pittsburgh Steel.

Workers, Management Locked in Stalemate at Latrobe Specialty Steel

12 May 2008 - Workers from Latrobe Specialty Steel are locked out after management rejects the offer submitted last Thursday, My 8 be members of United Steelworkers Local 1537.

Esmark Responds to ‘Frivolous’ ArcelorMittal Lawsuit

12 May 2008 - Esmark indicates surprise and disappointment in response to ArcelorMittal’s suit against Esmark and E2 Acquisition for breach of their contract to purchase the Sparrows Point steelmaking facility.

California Steel to Shuffle Top Management

09 May 2008 - California Steel Industries announces several changes to its top management staff, including the appointment of Vicente Wright to serve as President and CEO, and Masakazu Kurushima to serve as Chairman of the Board.

Steel Dynamics Subsidiary to Acquire Recycle South

09 May 2008 - Steel Dynamics’ wholly owned subsidiary OmniSource executes a definitive agreement to acquire the remaining equity interests in Recycle South.

ArcelorMittal Files Suit against Esmark/E2

09 May 2008 - ArcelorMittal has filed suit against Esmark Inc., E2 Acquisition, seeking in excess of $540 million for breach of its contract to purchase Sparrows Point.

AK Tube Honored for Perfect Safety Record

08 May 2008 - The Fabricators & Manufacturers Association, International has awarded AK Tube’s Columbus, Ind., plant its Safety Award of Honor for having no recordable illnesses or injuries in 2007.

Kocks to Supply Reducing & Sizing Block for Republic’s Lackawanna Mill

08 May 2008 - Kocks Pittsburgh will supply a 3-roll Reducing & Sizing block for Republic Engineered Steel’s modernization of their mill in Lackawanna, N.Y.

Severstal Completes Acquisition of Sparrows Point

08 May 2008 - OAO Severstal completes its acquisition of the Sparrows Point integrated steel mill from ArcelorMittal for US$810 million, net of debt.

Parsytec to Supply 2nd Surface Inspection System for SeverStal NA

07 May 2008 - Parsytec AG will supply a second hot mill surface inspection system for SeverStal North America’s facility in Dearborn, Mich.

AK Steel Announces June 2008 Surcharges for Electrical Steels

07 May 2008 - AK Steel will add a $640 per ton surcharge to invoices for electrical steel products shipped in June 2008.

Esmark Receives Financing Package from Essar Steel Holdings

07 May 2008 - Essar Steel Holdings completes a new $31 million term loan facility to its wholly owned subsidiary Esmark Steel Services Group and refinancing of the existing $79 million Government guaranteed Wheeling-Pittsburgh Steel term loan.

ThyssenKrupp Steel USA Announces New Communications Director for Calvert Facility

06 May 2008 - ThyssenKrupp Stainless USA announces the appointment of Mary Mullins as Director of Communications, covering the stainless steel segment of the company’s new carbon steel and stainless steel facility in Calvert, Ala.

Kentucky Electric Steel Reaches Labor Accord

06 May 2008 - United Steelworkers Local 7054 and Kentucky Electric Steel reach agreement on a new five-year labor contract.

Cleveland-Cliffs Inc Reports 1st Quarter Results

06 May 2008 - Cleveland-Cliffs reports 2008 net income of $16.7 million on record consolidated revenues of $494.4 million for the quarter ended March 31, 2008.

U. S. Steel Breaks Ground on Heat Recovery Coke Plant at Granite City

06 May 2008 - United States Steel and SunCoke Energy break ground on a $570 million joint capital investment program to construct a new state-of-the-art 650,000 ton/year coke facility adjacent to U. S. Steel’s Granite City Works.

ArcelorMittal Realigns Flat Carbon Americas and USA Management Teams

05 May 2008 - ArcelorMittal announces sweeping changes to its Flat Carbon Americas (FCA) management team, with Leonard Chuderewicz assuming the role of Vice President Operations, Flat Carbon Americas; and incoming AIST President Andrew Harshaw assuming the role of Chief Operating Officer, ArcelorMittal USA.

Conversion Rights Triggered on Gerdau Macsteel Convertible Debentures

05 May 2008 - Gerdau Macsteel's 2.50% Convertible Senior Debentures due May 15, 2034, are convertible by holders effective May 1, 2008.

Universal Stainless Increases Tool Steel Base Price

05 May 2008 - Universal Stainless & Alloy will increase base price by 5 to 7% for all tool steel products manufactured at its Bridgeville and Dunkirk facilities.

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