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Nucor Getting Closer to Site Selection for $2-Billion Ironmaking Facility
May 16, 2008 - Nucor applies for a permit to build a state-of-the-art iron-making facility in Louisiana that would produce 3 million tons/year of iron as well as power beyond its own needs through the capture and use of excess energy at the blast furnace and heat-recovery coke plant.

Algoma Steel Improves Performance in First Quarter
May 16, 2008 - Algoma Steel announces significant performance improvements for the first quarter of 2008, including a 6.2% increase in shipments and a 4.6% increase in sales vs. last year’s first quarter.

Toyota Expected to Agree to Steel Price Hike
May 16, 2008 - A report published on JCN Network said that Toyota Motor Corp. is expected to agree to a steel sheet price hike exceeding 20,000 yen per ton in negotiations with Nippon Steel Corp.

SMS Demag Consortium to Modernize Krakatau Steel Hot Strip Mill
May 16, 2008 - PTKS, Indonesia, has placed an order with SMS Demag and its consortium partners to modernize the company’s hot strip mill in Cilegon, West Java.

General Moly Signs Off-Take Agreement with SeAH Besteel
May 16, 2008 - General Moly announces the signing of an off-take agreement with SeAH Besteel Corp., Korea’s largest manufacturer of specialty steels.

Nucor to form Joint Venture with Sidenor
May 15, 2008 - Nucor signs MoU with Sidenor regarding a new joint venture for the production and distribution of long steel products and plate in the Balkans, Turkey, Cyprus, and North Africa.

ArcelorMittal to Increase Flat Carbon Prices for Third Quarter
May 15, 2008 - ArcelorMittal initiates a price increase for its flat carbon products in Europe that will bring the base price level for hot band to 720 €/tonne, with corresponding increases for cold rolled and coated flat product prices.

Commerce to Issue Antidumping Order on Rectangular Pipe and Tube from Turkey
May 15, 2008 - The U.S. Department of Commerce will issue an antidumping duty order on imports of light-walled rectangular pipe and tube from Turkey.

Metso to Supply Iron Ore Induration Machine to Essar Steel
May 15, 2008 - Metso Minerals will supply an iron ore induration machine to Essar Group’s Global Supplies Ltd.

ISRI Warns of Increasing Theft of Infrastructure Metals
May 15, 2008 - The Institute of Scrap Recycling Industries issues a warning about the increase in theft of ferrous infrastructure metals, which join a growing list of metal materials that have been targets of thieves for several months.

ArcelorMittal Announces Changes to Management Committee
May 14, 2008 - ArcelorMittal announces a number of changes to its Management Committee, including the retirement of Chairman Joseph Kinsch, and the assumption of his role by CEO Lakshmi Mittal.

Nucor Moves Forward on Italian Beams Venture with Duferco
May 14, 2008 - Nucor enters agreement to acquire 50% of its Duferdofin-Nucor Srl beam production and distribution joint venture with Duferco, for euro 423.5 million.

Kentucky Electric Steel Parent ALJ Announces 2nd Quarter Earnings
May 14, 2008 - Kentucky Electric Steel parent ALJ reports net income of $6.8 million on net sales of $82.3 million for the six months ended March 31, 2008.

United Steelworkers File Charges against Latrobe Specialty Steel
May 14, 2008 - Union workers at Latrobe Specialty Steel file an unfair labor practice charge with the National Labor Relations Board stating that the lockout that began on May 9, 2008, is unlawful.

AK Steel Announces Company Scholarship Recipients
May 14, 2008 - Continuing a longstanding company tradition, AK Steel announces the award of college scholarships to sons and daughters of company employees.