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Praxair Technology Helps ArcelorMittal Win AIST Award
Nov. 11, 2010 - Praxair, Inc. announced that its Dilute Oxygen Combustion (DOC) technology, installed at ArcelorMittal in Indiana, contributed to the steelmaker receiving the 2010 Energy Achievement Award from the Association for Iron & Steel Technology (AIST).
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ArcelorMittal Reaffirms Q3 EBITDA Guidance
Sep. 20, 2010 - ArcelorMittal Chairman and CEO Lakshmi Mittal reaffirmed at a recent investor day the company’s previously announced EBITDA guidance for the third quarter, between US$2.1 billion and US$2.5 billion.
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ArcelorMittal USA Again Receives Energy Star Honor
Mar. 10, 2010 - ArcelorMittal USA was recently selected, for the third consecutive year, as a 2010 Energy Star® Sustained Excellence Award winner for Energy Management, awarded annually by the U.S. Environmental Protection Agency and the U.S. Department of Energy.
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ArcelorMittal Indiana Harbor Granted DOE Funding
Nov. 12, 2009 - The U.S. Department of Energy is awarding ArcelorMittal Indiana Harbor funding for its No. 7 Blast Furnace Gas Flare Capture project, which includes the installation of an efficient recovery boiler that uses waste blast furnace gas to produce electricity and steam onsite.
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ArcelorMittal Steelworkers Grant Strike Authorization
Aug. 29, 2008 - Union members at ArcelorMittal facilities throughout the country vote to give their Bargaining Committee the authority to call a strike against the company should that become necessary, as the Sep. 1 contract expiration nears.
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ArcelorMittal Completes Consent Solicitation
May 23, 2008 - ArcelorMittal announces the successful completion of its consent solicitation for several proposed amendments by its indirect wholly owned subsidiary, ArcelorMittal Financial Services LLC.
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Esmark Responds to ‘Frivolous’ ArcelorMittal Lawsuit
May 12, 2008 - Esmark indicates surprise and disappointment in response to ArcelorMittal’s suit against Esmark and E2 Acquisition for breach of their contract to purchase the Sparrows Point steelmaking facility.
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ArcelorMittal Files Suit against Esmark/E2
May 9, 2008 - ArcelorMittal has filed suit against Esmark Inc., E2 Acquisition, seeking in excess of $540 million for breach of its contract to purchase Sparrows Point.
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ArcelorMittal Realigns Flat Carbon Americas and USA Management Teams
May 5, 2008 - ArcelorMittal announces sweeping changes to its Flat Carbon Americas (FCA) management team, with Leonard Chuderewicz assuming the role of Vice President Operations, Flat Carbon Americas; and incoming AIST President Andrew Harshaw assuming the role of Chief Operating Officer, ArcelorMittal USA.
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SeverStal to Acquire Sparrows Point
Mar. 24, 2008 - OAO SeverStal reaches agreement to purchase the Sparrows Point facility from ArcelorMittal for an all-cash purchase price of US$810 million.
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ArcelorMittal Dofasco, USW to Explore Potential for Certification
Mar. 20, 2008 - ArcelorMittal Dofasco and the United Steelworkers agree to a unique process that will allow employees to interact with and evaluate the suitability of a union to the company’s unique working culture. Later, employees will choose whether or not they wish to be part of the global partnership between ArcelorMittal and its union partners.
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ArcelorMittal Dofasco Clarifies Position on Wabush Mines Sale
Mar. 5, 2008 - ArcelorMittal Dofasco expresses ‘strong exception’ to news releases issued by U.S. Steel Canada and Cleveland-Cliffs regarding their desire to withdraw from the sale of their respective interests in the Wabush Mines joint venture.
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Still Hopeful, Esmark Confirms Termination of Sparrows Point Deal
Dec. 18, 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.
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Steelworkers Respond ArcelorMittal Plans for Contrecoeur
Dec. 13, 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.
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ArcelorMittal Announces Sale of Sparrows Point
Aug. 2, 2007 - ArcelorMittal USA enters into an agreement to sell its Sparrows Point facility and related assets to a joint venture group backed by Esmark and Wheeling-Pittsburgh, along with various industry and institutional investors.
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Dofasco Provides Update on Notes Redemption
Apr. 30, 2007 - Dofasco has received the required written resolutions from noteholders authorizing amendments to the terms and conditions of each series of notes that will permit redemption of the 7.55% notes due October 1, 2008, and the 4.961% notes due June 15, 2017.
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Arcelor Mittal Announces New Dofasco CEO
Apr. 23, 2007 - Lou Schorsch, Executive Vice President of Arcelor Mittal and CEO Flat Americas, announced the appointment of Juergen Schachler to the position of President and CEO, Dofasco Inc., effective May 1, 2007.
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Mittal Steel Poland Starts up SMS Slab Caster
Mar. 1, 2007 - March 2007 — For Mittal Steel Poland SA, Poland, SMS Demag AG, Germany, has successfully taken into operation a two-strand continuous slab caster that it supplied on a turnkey basis for the D
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Arcelor Mittal Reports Pro Forma 2006 Results
Feb. 23, 2007 - Feb. 23, 2007 — Mittal Steel Co. NV announced pro forma net income of $US 2.37 billion on sales of $US 23.2 billion for the fourth quarter, and pro forma net income of $US 7.97 billion on sales of $US 88.6 billion for the twelve months ended December 31, 2006.
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Future Clouds for Sparrows Point, Clears for Dofasco
Feb. 21, 2007 - Dofasco President and CEO Jacques Chabanier announced that, now that the U.S. Department of Justice has required Arcelor-Mittal to divest its Sparrows Point facility, Dofasco's integration with Arcelor-Mittal can proceed.
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MultiServ Starts Three New Mill Services Contracts
Feb. 1, 2007 - Harsco Corp. announced that its MultiServ mill services division has been awarded three new international contracts having a combined total value of more than $18 million over their duration.
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Arcelor Mittal to Invest in Steelton Plant
Jan. 30, 2007 - Jan. 30, 2007 — Arcelor Mittal Long Carbon North America has approved several capital investment projects at the company’s Steelton, Pa., plant.
The investment projects centers
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Esmark, Arcelor Mittal Enter MOU for Weirton Steel Assets
Jan. 22, 2007 - Esmark Inc. and Arcelor Mittal confirmed they have entered into a Memorandum of Understanding in which Esmark will acquire the hot roll, cold roll, coated and tin assets of Arcelor Mittal’s Weirton, W.Va., steel plant. The MOU contemplates execution of definitive transaction agreements by February 2, 2007 when the MOU terminates.
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Arcelor Employees Increase Shareholder Stake
Jun. 12, 2006 - June 12, 2006 — Around 50% of Arcelor's employees in 12 countries will now be shareholders of the company. The change follows a corporate program to allow employees to become com
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Mittal Welcomes New Pact with Steelworkers
Nov. 3, 2005 - Mittal Steel USA welcomed the ratification of new collective-bargaining agreements by members of the United Steelworkers at former Ispat Inland Inc. locations in Indiana and Minnesota.
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Ohio Steel Producers Report First Half Results
Oct. 4, 2005 - Ohio steelmakers posted moderately strong production and shipping figures for the first half of 2005, even as the market struggled to emerge from an inventory correction that began before the end of 2004.
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Mittal Steel USA to Restart Indiana Harbor Blast Furnace
Oct. 3, 2005 - Mittal Steel has elected to restart a blast furnace in its East Chicago, Ind., facility at about the time another is going down in Cleveland. The moves are part of the company's ongoing effort to balance its supply of steel with the demand for its products in the marketplace and maintenance needs for various ironmaking and steelmaking equipment.
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Arcelor Included in Dow Jones Sustainability Index
Oct. 1, 2005 - Arcelor has been included in the Dow Jones Sustainability Index (DJSI) World, one of the most important and recognized global indexes tracking the performances of the leading sustainable development-driven companies worldwide.
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Dofasco Announces Capital Structure Initiatives
Sep. 7, 2004 - Dofasco announced three initiatives related to its capital structure. First, the Board of Directors approved the redemption of all of the company's outstanding 4 3/4% Cumulative Redeemable Preferred Shares, Series A. The company also announced its intention to file a $300 million Medium Term Note program shelf prospectus, and its intention to put in place a Normal Course Issuer Bid for the repurchase of up to 3.8 million of the company's common shares, subject in both cases to approval from regulatory authorities.
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Ispat Inland and Union Recess Talks
Jul. 19, 2004 - Ispat Inland Inc. and the United Steelworkers of America suspended talks on Thursday, July 15, after five weeks' intensive discussions toward a new collective bargaining agreement.
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