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Producers

The latest news on the companies producing steel or raw materials used in the iron- and steelmaking process.

Latest News

USS Chairman Comments on Decision to Halt OECD Talks

04 June 2004 - Commenting on the decision by the Organization for Economic Cooperation and Development (OECD) to halt discussion of the anti-subsidy agreement, United States Steel Corporation Chairman and CEO Thomas J. Usher said, "I would like to thank President Bush and Secretary Evans and their negotiating team for their efforts on behalf of the steel industry in pursuing this anti-subsidy agreement. We, of course, want these talks to be successfully completed as soon as possible. We realize, however, that major changes in thinking by some will be required and this will take time.

CMC Increases Quarterly Cash Dividend by 25%

03 June 2004 - Commercial Metals Co.’s Board of Directors raised the company’s quarterly cash dividend from eight to ten cents per share, an increase of 25%.

Nucor Announces 125th Consecutive Cash Dividend

03 June 2004 - Nucor Corp.’s Board of Directors declared the regular quarterly cash dividend of twenty-one cents (21 cents) per share on Nucor's common stock.

Nucor to Acquire Decatur Cold Mill from Worthington

28 May 2004 - Nucor Corp. has entered into an agreement with Worthington Industries, Inc. for the purchase of certain assets of their cold rolling mill in Decatur, Ala., for a cash purchase price of approximately $82 million.

Steel Imports Substantially Higher Through First Four Months

26 May 2004 - Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that April imports of steel into the United States were 0.3% higher than March, with finished steel imports up 5.7% compared to March. Year-to-date total and finished steel imports are up 11.1 and 9.7 percent, respectively, compared to the same period last year.