28 January 2005 - Nucor Corp. has contracted Morris Material Handling to engineer and build a new CMAA Class F severe duty ladle crane for the company’s Crawfordsville, Ind., facility. The new crane, which Nucor will use to transport ladles of molten steel from the meltshop floor to the continuous caster turret, has become necessary in the face of increasing productivity needs.

Roanoke Electric Announces Sale of Subsidiary Assets

28 January 2005 - Roanoke Electric Steel Corp.’s Resco Steel Products Corp. subsidiary has sold its reinforcing bar assets to Rockingham Steel, Inc., a reinforcing bar fabricator located in Harrisonburg, Va. Terms of the transaction were not announced.

Nucor Reports Record Results for 2004

28 January 2005 - Nucor Corp. announced consolidated net earnings of $341.4 million on net sales of $3.09 billion for the fourth quarter, and consolidated net earnings of $1.12 billion on consolidated net sales of $11.38 billion for the full year 2004. Net earnings per share and average shares outstanding for all periods reflect a two-for-one stock split effective in October 2004.

Grupo Imsa Anticipates Strong 4th Quarter Results

27 January 2005 - Grupo Imsa, SA de CV estimates that its fourth quarter 2004 sales will total 9,596 million pesos, a year-over-year growth of approximately 30%. Grupo Imsa says its EBITDA (operating income plus depreciation and amortization) could reach 1,252 million pesos for the quarter, an 89% increase compared to 2003.

Universal Stainless to Increase Tool Steel Plate Base Price

27 January 2005 - Universal Stainless & Alloy Products, Inc. will increase its base price 4% for all tool steel plate products manufactured at its Bridgeville, Pa., facility.

Timken Names Vice President of Product Innovation

27 January 2005 - The Timken Co. has named Donald J. Remboski Vice President—Product Innovation for the Technology Group at Timken Research in North Canton, Ohio.

AISI Announces New Officers for 2005

27 January 2005 - The American Iron and Steel Institute (AISI) Board of Directors has elected United States Steel Corp. President and CEO John P. Surma Jr. to a one-year term as AISI Chairman.

Quanex Sells Piper Impact

27 January 2005 - Quanex Corp. announced the sale of Piper Impact, the company's cold forged impact extrusion business, to Piper Metal Forming Corp., a privately held company.

California Steel Reports Record Results for 2004

26 January 2005 - California Steel Industries, Inc. (CSI) reported net income of $35.1 million on sales of $339.8 million for the fourth quarter, and net income of $109.34 million on sales of $1.250 billion for the full year of 2004, both record results for the company, now in its twentieth year of operations.

AK Steel Reports Full Year 2004 Results

26 January 2005 - AK Steel reported adjusted 2004 fourth quarter pre-tax income of $73.7 million on record net sales of $1,433.8 million.

AK Steel Announces New Senior Vice Presidents

25 January 2005 - AK Steel has named David C. Horn and John F. Kaloski Senior Vice Presidents. Mr. Horn is the corporation’s General Counsel and Secretary, and Mr. Kaloski oversees the corporation’s safety, operations, quality assurance, engineering, purchasing and supply chain management functions.

U. S. Steel Reports Record 4th Quarter and Full-Year Results

25 January 2005 - United States Steel Corp. reported fourth quarter net income of $462 million on revenues of $3890 million, and full year net income of $1085 million on revenues of $13,969 million.

Carpenter Technology Reports 2nd Quarter Results

24 January 2005 - Carpenter Technology Corp. reported record second quarter net income of $32.5 million on record net sales of $312.1 million for the second fiscal quarter ended December 31, 2004. The record sales and net income reflected strong market conditions and a continued focus on costs through lean and variation reduction.

ThyssenKrupp Will Not Match Arcelor’s Latest Offer for Dofasco Shares

24 January 2005 -  

ThyssenKrupp Will Not Match Arcelor’s Latest Offer for Dofasco Shares

24 January 2005 -  

Mesabi Trust Declares Distribution

21 January 2005 - Trustees of Mesabi Trust declared a distribution of $0.295 per Unit of Beneficial Interest payable on February 20, 2005 to Mesabi Trust unitholders of record at the close of business on January 30, 2005.

Ipsco and Its Employees Give Generously to United Way

20 January 2005 - Ipsco Inc. and its employees have donated nearly $260,000 (USD) towards various United Way Campaigns in the communities in which it operates. Campaigns for the internationally recognized charity are conducted at each Ipsco site, with the company matching each dollar pledged by its employees.

Core to Supply STC Furnaces for Charter Steel Facility

19 January 2005 - Charter Steel has contracted Core Furnace Systems for turn-key supply of four STC (Short Time Cycle) furnaces at the company’s Rising Sun, Ohio, coil processing and distribution facility. The installation will bring the number of STC furnaces on this site to eight.

Mittal Steel Confirms Pro-Forma Guidance

19 January 2005 - Mittal Steel Co. NV confirmed its guidance for 2004, with pro-forma numbers (including ISG) expected to be close to the guidance given on October 25, 2004, namely:

Danieli to Upgrade Gerdau Ameristeel Finishing Facilities at Whitby, Cartersville

18 January 2005 - Gerdau Ameristeel Corp. recently awarded Danieli Morgårdshammar contracts to upgrade and modernize its Whitby, Ont., and Cartersville, Ga., facilities.

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