10 May 2005 - Stelco Inc. reported record net earnings of $49 million on net sales revenue of $968 million for the first quarter ended March 31, 2005.

Wheeling-Pittsburgh Reports 1st Quarter Results

10 May 2005 - Wheeling-Pittsburgh Corp. reported net income of $8.1 million on net sales of $399.5 million for the quarter ended March 31, 2005.

Allegheny Ludlum to Increase Tool Steel Prices

09 May 2005 - ATI Allegheny Ludlum will increase the net transaction price for all tool steel products, including Hot-Rolled Annealed (HRA) and Econ-O-Miser™ (Milled and Ground) products. The increase, approximately 5%, takes effect with shipments beginning May 30, 2005.

Universal Stainless to Expand Remelt Capacity

09 May 2005 - Universal Stainless & Alloy Products, Inc.’s Board of Directors has approved the purchase of a sixth vacuum arc remelt (VAR) furnace, which will be installed at its Bridgeville facility.

Ipsco Shifts Production in Response to Montpelier Mill Outage

06 May 2005 - An electrical short in a rolling mill motor has caused a production outage at Ipsco Inc.’s Montpelier, Iowa, facility. Ipsco estimates that the rolling mill outage, which is expected to last six days, will decrease earnings by approximately $0.05 per diluted share for the quarter.

Mittal Steel USA Idles Cleveland and Indiana Harbor Blast Furnaces

06 May 2005 - Prompted by continued inventory adjustments in the markets it serves, Mittal Steel USA will slow down iron production in a continued effort to adjust output.

Brush Engineered Materials Promotes Former LTV President

05 May 2005 - Brush Engineered Materials Inc. has promoted Richard J. Hipple, 52, to President and Chief Operating Officer.

Court Approves Sale of Stelco Welland U&O Mill

05 May 2005 - Stelco Inc. announced that the Superior Court of Justice (Ontario) has approved the sale of Welland Pipe's U&O Mill to Grinolet Inc.

Newport Steel Employees Approve New Labor Contract

05 May 2005 - NS Group, Inc. announced that hourly employees of Newport Steel, the company's welded tubular operation located in Kentucky, approved a new four-year labor agreement.

Nufab Rebar Announces Acquisition of Lulich Steel

05 May 2005 - Nufab Rebar(TM) LLC, Nucor Corp.'s rebar fabrication joint venture with Ambassador Steel Corp., announced that it has acquired Lulich Steel LLC. Rebar fabricator Lulich Steel serves the reinforcing steel construction markets of Louisiana, Mississippi and the panhandle region of Florida.

Gerdau Ameristeel Announces 1st Quarter Results

04 May 2005 - Gerdau Ameristeel Corp. reported net income of $78.6 million* on net sales of $1.0 billion for the three months ended March 31, 2005.

Gerdau Ameristeel to Recycle Scrap Tires Using Stebbing Process

04 May 2005 - Gerdau Ameristeel Corp. has acquired a non-exclusive license to use the patented Stebbing Engineering Scrap Tire Process in its steel minimills.

Wheeling-Pittsburgh Steel to Idle Historic No. 1 Blast Furnace

04 May 2005 - Wheeling-Pittsburgh Steel Corp. announced that it will permanently idle its No. 1 Blast Furnace on Thursday, May 5, 2005. The shutdown will end more than 100 years of service by one of the oldest blast furnaces running in the United States.

Stelco Court Monitor Files 28th Report

03 May 2005 - Stelco Inc.’s court-appointed Monitor has filed its twenty-eighth Report regarding the company's Court-supervised restructuring. The Report provides updated information regarding the sale of Welland Pipe's U&O Mill. The Monitor reports that Stelco will seek a Court Order on May 4, 2005 approving the sale of the Mill to Grinolet Inc.

LOI to Supply Bell Annealing Plant for ThyssenKrupp Electrical Steel

01 May 2005 - LOI Thermprocess has received a contract from ThyssenKrupp Electrical Steel to supply a new HPH© bell-type annealing plant for grain-refined electrical steel.

Posco Continues to Support Small and Mid-sized Companies

01 May 2005 - Posco has pushed ahead with its extensive support measures for small- and mid-sized companies in purchase, sales, human resources development, and partnership.

Arcelor to Sell Three Spanish Rebar and Mesh Production Units

01 May 2005 - Arcelor has signed an agreement for the sale of Corrugados Azpeitia, Corrugados Getafe and Corrugados Lasao, three rebar and mesh plants located in Spain, to Alfonso Gallardo Group.

ThyssenKrupp Steel Welcomes Stop-gap Collective Agreement

01 May 2005 - ThyssenKrupp Steel AG welcomes the agreement reached by the collective bargaining parties in the steel industry, preventing a strike. According to TKS, industrial action would have severely dented hopes of an urgently needed economic turnaround.

LOI Modernizes Bell-Type Annealing Plant for Sidmed

01 May 2005 - The Spanish company Sidmed SA of Sagunto, a member of the Arcelor Group, recently awarded LOI Thermprocess a contract for the second stage of the modernization project at its bell-type annealing plant.

MultiServ to Expand Services at Steel Mills in Belgium and Mexico

01 May 2005 - Harsco Corp.’s MultiServ mill services division has been awarded multi-year contracts for additional outsourced services at two major steel mills in Belgium and Mexico.

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