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

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EPA Rule to Reduce Mercury, PM Releases from EAF Facilities

18 December 2007 - The EPA issues new air emissions standards for mercury and particulate matter emissions from EAF-based steel manufacturers by requiring them to buy motor-vehicle scrap only from providers that participate in the EPA-approved National Vehicle Mercury Switch Recovery Program.

Still Hopeful, Esmark Confirms Termination of Sparrows Point Deal

18 December 2007 - Confirming ArcelorMittal USA’s termination of the Purchase and Sale Agreement, Esmark says that it plans to continue its efforts to participate in the purchase of the Sparrows Point business, and will also continue its discussions with the USW.

ArcelorMittal Terminates Sparrows Point Purchase Agreement with E2

17 December 2007 - ArcelorMittal terminates agreement for the sale of its Sparrows Point facility and related assets to E2 Acquisition Corp., a joint venture sponsored by Esmark and Wheeling-Pittsburgh.

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.

Domestic Steelmakers Endorse Sector-Based Approach to Addressing Climate Change

14 December 2007 - In response to the International Iron and Steel Institute's address on climate change that was delivered during the UNFCCC COP-13 meeting, the American Iron and Steel Institute endorses the global sectoral approach to address climate change.

AK Steel to Increase Prices for Carbon Steel Products

13 December 2007 - AK Steel will increase spot market prices by $30 per ton for carbon steel product orders accepted for shipment on February 1, 2008 and later.

Steelworkers Respond ArcelorMittal Plans for Contrecoeur

13 December 2007 - United Steelworkers (FTQ) representatives reflect both optimism and caution in their response to ArcelorMittal’s announced plans to build a beam mill at Contrecoeur but close the facility’s hot mill and cold mill by the end of February 2008.

SeverStal Confirms Discussions with SeverCorr Management Team

13 December 2007 - SeverStal confirms that it is in discussions with the senior management team at SeverCorr regarding the new company’s ownership structure.

Global Industry Group Announces Future Steel Vehicle Research Program

12 December 2007 - The International Iron and Steel Institute's automotive group, WorldAutoSteel, announces the Future Steel Vehicle project during the United Nations Framework Convention on Climate Change conference in Bali.

ArcelorMittal to Build Beam Mill in Contrecoeur, Restructure Canadian Operations

12 December 2007 - ArcelorMittal’s Canadian restructuring plans include consolidation of flat products production at the Dofasco facility in Hamilton, and long products production at the company’s ArcelorMittal Montreal facility in Contrecoeur, Que.

Nucor Welcomes Former Weirton Steel Chief to Board of Directors

11 December 2007 - Nucor announces the election of former Weirton Steel President and CEO John H. Walker to its board of directors, effective January 1, 2008.

Parsytec to Supply 4th Surface Inspection System for North American Stainless

10 December 2007 - Parsytec AG will supply a surface inspection system to North American Stainless for a hot band annealing-pickling line at its Ghent, Ky., facility.

Schnitzer Steel Makes Changes to Financial Executive Group

10 December 2007 - Schnitzer Steel announces reassignment of responsibilities for several members of its financial executive team, including former CFO Greg Witherspoon, who has been reassigned to a new position as Vice President, Special Projects.

Allegheny Technologies Elects New Director

07 December 2007 - Allegheny Technologies announces the election of J. Brett Harvey, President and CEO of Consol Energy, to the company’s Board of Directors.

U. S. Steel Prices $500 Million of Senior Unsecured Notes

07 December 2007 - United States Steel prices $500 million of 7.00% Senior Notes due 2018 at 99.087% of the principal amount.

Nucor Increases Base Dividend by 173%

06 December 2007 - Nucor’s Board of Directors increases the regular quarterly cash dividend on Nucor's common stock to thirty-cents per share, and approves a supplemental dividend of thirty-one cents per share.

WCI Steel Announces New CEO and President, Resumption of Operations

06 December 2007 - WCI Steel announces its new CEO and President, as well as the resumption of blast furnace operations following the Nov. 9 fire in two of the furnace's hydraulic control rooms.

AK Steel Announces January 2008 Surcharges

05 December 2007 - AK Steel says it will add a $230/ton surcharge to invoices for electrical steel products shipped in January 2008.

Siemens to Upgrade Bar Mills in the U.S. and Mexico

05 December 2007 - Siemens Metals Technologies will upgrade bar mills at Steel Dynamics’ Pittsboro, Ind., facility and at Talleres y Aceros SA de CV in Ixtaczoquitlán, Mexico.

ArcelorMittal to Increase Q&T Plate Output at Four U.S. Mills

05 December 2007 - ArcelorMittal will increase its output of quenched and tempered plate at its Gary, Burns Harbor, Conshohocken, and Coatesville facilities in order to meet high military and commercial demand.

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