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SteelNews.com is a publication created by the Association for Iron and Steel Technology (AIST) for the steel community. We are the leading source for technological and innovative news on the people, producers and suppliers in the North American and international steel communities.

 

DOFASCO HEADLINES

Steel Producers / Dofasco
Latest News:
Tenova Goodfellow, ArcelorMittal Dofasco to Collaborate on EAF Energy Project
Feb. 23, 2011 - Tenova Goodfellow has signed a contribution agreement with Sustainable Development Technology Canada to demonstrate the company’s proprietary “Next Gen Energy Efficiency Breakthrough Technology” System in collaboration with leading Canadian steel producer, ArcelorMittal Dofasco.
ArcelorMittal Dofasco Develops New Ultra-Low Carbon Steel Technology
Aug. 6, 2010 - ArcelorMittal has unveiled a new ultra-low carbon production technology at its Dofasco plant in Hamilton, Canada, that will allow the production of more advanced grades of automotive steel. The technology was recognized with the Leadership and Innovation Award as part of the Group's Performance Excellence Awards.
ArcelorMittal Dofasco Inducted into Canadian Manufacturing Hall of Fame
Feb. 8, 2010 - ArcelorMittal Dofasco has been named to the Canadian Manufacturing Hall of Fame for its long-term commitment to the Hamilton community.
Cliffs Natural Resources Closes Wabush Mines Acquisition
Feb. 2, 2010 - Cliffs Natural Resources completes acquisition of the interest held in the Wabush Mines joint venture by former partners U.S. Steel Canada and ArcelorMittal Dofasco.
ArcelorMittal Dofasco, Employees Support United Way
Nov. 24, 2009 - ArcelorMittal Dofasco and its employees make a $1 million donation to the United Way of Burlington & Greater Hamilton.
ArcelorMittal Offers Funding for Great Lakes Projects
Sep. 21, 2009 - Sustain Our Great Lakes is coordinated by the National Fish and Wildlife Foundation and currently funded by ArcelorMittal, the U.S. EPA, U.S. Fish and Wildlife Service, and U.S. Forest Service. Grant money available in 2010 could total more than $8 million (US).
ArcelorMittal Dofasco to Invest $16 million to Improve Air Quality at Hamilton
Sep. 18, 2009 - ArcelorMittal Dofasco announces plans to invest more than $16 million over the next three to five years to improve air quality in Hamilton as part of the company’s Blue Skies program.
New Auto-Steel Partnership Toolkit helps Automakers Boost Fuel Economy with AHSS
Jun. 16, 2009 - The Auto/Steel Partnership releases its latest update to the Advanced High-Strength Steel Applications Design and Stamping Process Guidelines, a comprehensive manual designed to help with the specification and application of specific grades of AHSS parts.
Strategic Steel Stichting to Transfer Dofasco Interests Back to ArcelorMittal
Mar. 23, 2009 - The Strategic Steel Stichting resolved last week to terminate administration of its interest in ArcelorMittal Dofasco and transfer it back to ArcelorMittal.
PSI to Supply Manufacturing System for ArcelorMittal Dofasco
Jul. 21, 2008 - Dofasco contracts PSI to supply a complete manufacturing execution system for all production areas, from hot rolling to finishing, at its Hamilton, Ont., facility.
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.
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.
ArcelorMittal to Build Beam Mill in Contrecoeur, Restructure Canadian Operations
Dec. 12, 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.
End of Month Marks the End of an Era for Dofasco
Nov. 30, 2007 - Reflecting the heritage of two steel industry leaders, Dofasco will on Friday change its name to ArcelorMittal Dofasco.
ArcelorMittal Confirms Acquisition of Wabush Mines
Sep. 6, 2007 - ArcelorMittal announces that it will exercise its Dofasco subsidiary’s option to acquire the remaining shares of iron ore and pellet producer Wabush Mines from Stelco and Cleveland Cliffs.
Consolidated Thompson Drops Wabush Plans Following Dofasco Decision
Sep. 4, 2007 - Consolidated Thompson says it will not proceed with its purchase of a majority interest in the Wabush Mines Joint Venture following Dofasco’s notification that it will exercise its option to purchase Stelco’s and Cleveland Cliffs’ interests.
Dofasco to Install Pulverized Coal Injection System
Aug. 27, 2007 - Dofasco will build a $60-million pulverized coal injection system at its two blast furnaces in Hamilton, supported in part by a $6.05-million, 5-year loan under the Government of Ontario’s Advanced Manufacturing Investment Strategy program.
Dofasco Tubular to Sell Elizabethtown Tube Facility to Samuel Manu-Tech
Aug. 9, 2007 - Dofasco Tubular Products signs definitive purchase agreement for the sale of its Elizabethtown stainless tubemaking facility to Samuel Manu-Tech of Mississauga, Ont.
Justice Department Seeks Appointment of Trustee to Sell Sparrows Point
Aug. 7, 2007 - The Department of Justice asks a federal judge to appoint a trustee to sell Mittal Steel's Sparrows Point facility, as Mittal has failed to complete a sale prior to the consent decree deadline of August 6, 2007.
Cleveland-Cliffs, Stelco Agree to Sell Wabush Interest
Jun. 7, 2007 - Cleveland-Cliffs and Stelco have entered an agreement to sell their 26.8% interest and 44.6% interest, respectively, in the Wabush Mines joint venture to Consolidated Thompson Iron Mines for $64.3 million cash, 3.0 million warrants of common shares, and Consolidated’s assumption of ongoing employee and asset retirement obligations.
Dofasco Redeems Medium-Term Notes
May 16, 2007 - Dofasco has completed redemption of all of its issued and outstanding 7.55% Series B Notes due October 1, 2008, and all of its issued and outstanding 4.961% Series A Notes due June 15, 2017 — in each case plus accrued but unpaid interest.
Dofasco Continues Toward Redemption of Medium Term Notes
May 8, 2007 - Dofasco has provided notice of its intention to redeem all of its 7.55% Series B Notes due October 1, 2008 at the Canada Yield Price, and all of its 4.961% Series A Notes due June 15, 2017 at par, in each case plus accrued but unpaid interest.
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.
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.
Dofasco Proposes Redemption of Medium Term Notes
Apr. 10, 2007 - Dofasco announced that it plans to seek written consent from Canadian noteholders for approval of amendments that would permit the company to redeem all of its outstanding 7.55% unsecured medium te
AISI Selects Pontiac Solstice for Steel Designs Award
Mar. 8, 2007 - March 8, 2007 — The American Iron and Steel Institute (AISI) has selected the product engineering and manufacturing team of the
Dofasco CEO to Step Down
Mar. 8, 2007 - March 8, 2007 — Dofasco announced today that Jacques Chabanier, the company’s
Dofasco Tubular Products Shelby Plant Earns TS 16949 Certification
Feb. 26, 2007 - Dofasco Tubular Products announced that its Shelby, Ohio, plant has been awarded certification for its compliance with the TS 1694
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.
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.
Court Denies ThyssenKrupp’s Petition Seeking Suit Against Stichting
Jan. 24, 2007 - Jan. 24, 2007 — Mittal Steel Co. NV announced that the President of the Rotterdam District Court has denied
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.
Arcelor, Mittal Boards Will Not Sue Stichting Over Dofasco
Jan. 11, 2007 - Jan. 11, 2007 — Arcelor Mittal announced that the Mittal Steel Co. NV Board of Directors and the Arcelor SA Board of Directors have decided not to initiate litigation seeking to dissolve the
Broner to Provide Scheduling Solution for Mittal Steel South Africa
Jan. 1, 2007 - Jan. 2007 — Broner Metals Solutions has been awarded a major project to provide scheduling solutions for Mittal Steel South Africa’s Vanderbijlpark Works. Vanderbijlpark, the l
ThyssenKrupp Takes Action to Enforce Dofasco Acquisition
Dec. 28, 2006 - Dec. 28, 2006 — ThyssenKrupp AG has initiated legal action against Mittal Steel regarding the a
ITC Survives Day One of Corrosion-Resistant Steel Review Hearing
Oct. 18, 2006 - Oct. 18, 2006 — Tuesday, Oct. 17 marked Day 1 of a two-day International Trade Commission (ITC)
Students Target Wheel Design with AISI Wheels Task Force Project
Sep. 29, 2006 - Sep. 29, 2006 — Through the teamwork of the American Iron and Steel Institute's (AISI)
Arcelor Mittal Clarifies Position on US Divestments
Sep. 29, 2006 - Sep. 29, 2006 — Arcelor Mittal issued a press statement to clarify several statements reported
TV Segment to Showcase Steel’s Role in Automotive Design
Sep. 28, 2006 - Sep. 28, 2006 — Steel's continuing role as the number-one material for automotive design will be profiled in a segment of the new educational television series, "Pulse on Am
Canadian Steel Producers Welcome Ruling on Unfair Imports
Sep. 12, 2006 - Sep. 12, 2006 — Canadian steel companies Algoma, Dofasco and Ipsco applauded the Canadian Inter
Usiminas Completes Advanced Supply Chain Project with Broner
Jul. 1, 2006 - July 2006 — Broner Metals Solutions has announced that Usiminas is now using Broner advanced su
Mittal Steel Announces Agreement with Arcelor
Jun. 27, 2006 - June 27, 2006 — Mittal Steel Co. NV announced that it has reached an agreement with Arcelor to
Arcelor Board Endorses Improved Mittal Steel Offer
Jun. 26, 2006 - June 26, 2006 — Arcelor’s Board of Directors met on Sunday, June 25 to evaluate and compa
Broner to Supply CMES to OMK for Vyksa Steel Works
Jun. 1, 2006 - June 2006 — Broner Metals Solutions has announced that it will provide a Comprehensive Manufact
Dofasco Announces New President and CEO
May 30, 2006 - May 30, 2006 — Brian MacNeill, Chair of the Board of Dofasco Inc., announced that Dofasco Presi
Gulf Coast Steel Initiative Promotes Steel for Lasting Home Reconstruction
May 9, 2006 - May 9, 2006 — Representatives of the North American steel industry are urging the use of steel for lasting reconstruction of the Gulf Coast region. Launched by a group o
Additional Details of the Mittal-Arcelor Merger
Apr. 26, 2006 - Substantial Synerg
Mittal Steel USA Helps Reopen Hurricane-Ravaged Baseball Field
Apr. 18, 2006 - April 18, 2006 — Mittal Steel USA will help to re-open a hurricane-damaged baseball field in Long Beach, Miss., on Earth Day, Saturday, April 22, 2006. Several middle school base
USS Researchers Honored for Advancement of Automotive Steel
Apr. 5, 2006 - April 5, 2006 — The Society of Automotive Engineers International (SAE) announced Todd Link
Arcelor Board Takes Measures to Ensure Dofasco Integration
Apr. 5, 2006 - April 5, 2006 — Arcelor's Board of Directors recently took a number of measures in favor of its shareholders, including an increase in its dividend and transferal of its Dofasco
Arcelor Collects 98.5% of Dofasco's Common Shares
Mar. 9, 2006 - March 9, 2006 — Arcelor SA announced that an additional 7,967,623 common shares of Dofasco Inc. were deposited to Arcelor's offer to acquire all of the outstanding common shares
Dofasco Announces Board Changes
Feb. 22, 2006 - Feb. 22, 2006 — Six members of Dofasco Inc.'s Board of Directors have resigned at Arcelor SA's request. The announcement follows the take-up on February 20, 2006 of 88.38% of Dof
Arcelor Acquires 88.38% of Dofasco's Common Shares
Feb. 22, 2006 - Feb. 22, 2006 — Arcelor SA and Dofasco Inc. announced that 69,563,143 common shares of Dofasco (including shares deposited by guaranteed delivery) were deposited to Arcelor's off
Steel Producers to Help Rebuild Gulf Coast Stronger with Steel
Feb. 17, 2006 - Feb. 17, 2006 — Twelve North American steel companies have joined together under a special initiative to help rebuild the U.S. Gulf Coast region in the aftermath of hurricanes Ka
Arcelor Receives Final Regulatory Approvals for Dofasco Acquisition
Feb. 16, 2006 - Feb. 16, 2006 — Arcelor SA has received the approval of the Canadian regulatory authorities regarding its offer to acquire all of the outstanding common shares of Dofasco Inc. Ar
Dofasco to Update 2005 Results
Feb. 15, 2006 - Feb. 15, 2006 — In light of recent regulatory approvals regarding Arcelor's offer to acquire Dofasco, Dofasco Inc. has advised that it intends to amend its 2005 results previousl
Arcelor Extends its Offer for Dofasco Shares
Feb. 10, 2006 - Feb. 10, 2006 — Arcelor SA is extending the expiry date of its offer to acquire all of the outstanding Common Shares of Dofasco Inc. to February 20, 2006 in order to allow for su
Dofasco Posts 2005 Net Income
Feb. 6, 2006 - Feb. 6, 2006 — Dofasco Inc. reported net income of $28.4 million on net sales of $1324.3 million for the quarter and net income of $171.0 million on net sales of $4562.9 million
Dofasco Acquisition Still on Track
Jan. 30, 2006 - Jan. 30, 2006 — Dofasco Inc. has advised that regardless of Mittal Steel’s unsolicited bid for Arcelor SA,
Mittal Steel Announces Offer for Arcelor
Jan. 27, 2006 - Jan. 27, 2006 — Mittal Steel NV has launched an offer to the shareholders of Arcelor SA to acquire Arcelor’s outstanding common shares at a rate of €28.21 — a 27
Dofasco and Arcelor Sign Support Agreement for Arcelor's All-Cash Offer
Jan. 25, 2006 - Jan. 25, 2006 — Dofasco and Arcelor have signed an agreement for Arcelor to make a revised all-cash offer to acquire all of Dofasco's outstanding common shares in a supported, al
Arcelor Increases Offer for Dofasco Shares
Jan. 17, 2006 - Jan. 17, 2006 — Dofasco Inc.'s Board of Directors announced that it has received an unsolicited proposal from Arcelor SA to amend its offer to acquire all of Dofasco's outstandin
ThyssenKrupp Increases Offer for Dofasco Shares
Jan. 16, 2006 - Jan. 16, 2006 — Dofasco Inc. and ThyssenKrupp AG jointly announced that ThyssenKrupp has agreed to increase its cash offer for Dofasco Inc.’s outstanding common shares from
Dofasco Board Defers Activation of Shareholders Rights Plan
Jan. 9, 2006 - Jan. 9, 2006 — Dofasco’s Board of Directors has unanimously approved deferring the separation of Rights under the terms of Dofasco's Shareholder Rights Protection Plan, in
ThyssenKrupp Matches Arcelor Offer for Dofasco Shares
Jan. 4, 2006 - Jan. 4, 2006 — Dofasco Inc. acknowledged ThyssenKrupp AG’s announcement of a revised offer for Dofasco's common shares at an increased price of $63 per share. ThyssenKrupp&
Arcelor Mails Bid Circular to Dofasco Shareholders
Jan. 3, 2006 - Jan. 3, 2006 — Arcelor SA has mailed to Dofasco shareholders its takeover bid circular for its all-cash offer to acquire the outstanding common shares of Dofasco Inc. at C$63.00
Arcelor to Enhance Offer for Dofasco Acquisition
Dec. 26, 2005 - Arcelor SA announced last week its intention to make an enhanced all-cash offer to acquire all of the outstanding common shares of Canadian steelmaker Dofasco Inc. at C$63.00 per share.
Dofasco and ThyssenKrupp Announce Mailing of Bid Circular
Dec. 6, 2005 - ThyssenKrupp AG has mailed its bid circular to Dofasco shareholders regarding its offer to acquire all of Dofasco's outstanding common shares in a friendly, all-cash transaction.
Paulson Announces Slate for Algoma Shareholder Meeting
Dec. 2, 2005 - Paulson & Co. Inc., a major shareholder of Algoma Steel Inc., has announced its nominees for the Algoma board of directors. In November, Paulson had requisitioned a special shareholder meeting to replace a majority of current Algoma directors.
Arcelor Extends Take-Over Bid for Dofasco
Nov. 24, 2005 - Dofasco Inc.’s Board of Directors is reviewing an unsolicited all-cash takeover bid from Arcelor SA for all outstanding Dofasco common shares.
Paulson Asserts Right of Shareholders to Consider Algoma Business
Nov. 22, 2005 - Paulson & Co. Inc., which holds (directly and indirectly) 19.0% of the outstanding shares of Algoma Steel, asserted the right of Algoma shareholders to requisition a special meeting, elect directors and consider company business as provided by Ontario law.
Dofasco Posts 3rd Quarter Net Income
Nov. 1, 2005 - Dofasco Inc. reported consolidated net income of $5.2 million on consolidated sales of $1,104.5 million for the third quarter of 2005.
Dofasco and ThyssenKrupp Announce Friendly All-Cash Deal
Nov. 1, 2005 - Dofasco and ThyssenKrupp have reached an agreement for ThyssenKrupp to acquire Dofasco in a friendly, all-cash transaction.
Dofasco Completes Acquisition of Copperweld Tubing Businesses
Oct. 5, 2005 - Dofasco Inc. has successfully completed the acquisition of certain assets of Copperweld Holding Co. of Pittsburgh, Pa., through a transaction with Atlas Tube Inc. of Harrow, Ont.
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.
Dofasco Adjusts Third Quarter Earnings Expectations
Sep. 15, 2005 - Dofasco Inc. announced that it expects its consolidated earnings for the third quarter of 2005 to be significantly lower than the surveyed analyst range of $0.54 to $1.21 per common share.
Posco Named to Dow Jones Sustainability Indexes
Sep. 1, 2005 - Posco was recently selected by Dow Jones and Swiss SAM (Sustainable Asset Management) as a leading company for sustainability in the steel industry.
Dofasco to Acquire Copperweld Mechanical Tubing Assets
Aug. 18, 2005 - Dofasco Inc. has signed an agreement to acquire certain assets currently owned by Copperweld Holding Co. of Pittsburgh, Pa.
Mittal Steel Selects Broner as Corporate MES and Scheduling Solutions Provider
Aug. 1, 2005 - Broner Metals Solutions has been selected by Mittal Steel as the standard for Production Scheduling and Manufacturing Execution Systems (MES) throughout all of Mittal Steel.
Dofasco Posts Solid 2nd Quarter Results
Jul. 28, 2005 - Dofasco Inc. reported consolidated net income of $59.2 million on consolidated sales of $1,061.0 million for the second quarter of 2005.
Dofasco Completes Acquisition of Quebec Cartier Mining
Jul. 25, 2005 - Dofasco has successfully completed its acquisition of Quebec Cartier Mining Co. (QCM) following receipt of regulatory approval.
Dofasco Completes Blast Furnace Rebuild
Jul. 11, 2005 - Dofasco announced the successful start-up of its No. 2 Blast Furnace, which was completely rebuilt over the last year to incorporate the world's most advanced ironmaking technology.
AISI Joins the Metal Initiative
Jun. 30, 2005 - The American Iron and Steel Institute (AISI) has joined The Metal Initiative, a coalition of metal construction product manufacturers and suppliers created to communicate the value of metal roofing and siding for commercial building applications.
Dofasco Issues Medium Term Notes
Jun. 14, 2005 - Dofasco Inc. announced that it intends to issue 12-Year Amortizing notes (10.5 Year Average Life) under its Medium Term Note program pursuant to a Short Form Shelf Prospectus dated November 24, 2004.
AIST Announces 2005-2006 Officers
Jun. 9, 2005 - June 9, 2005 — The Association for Iron & Steel Technology (AIST) announced that Richard E. O’Hara, Director of Procurement and Logistics for Carpenter Specialty Alloys, Reading, Pa, has been elected as the association’s President for 2005-2006. He replaces outgoing President Thomas C. Graham Jr., Vice President, T.C. Graham & Associates, Mason, Ohio.
Dofasco to Acquire Quebec Cartier Mining Company
Jun. 9, 2005 - Dofasco has entered into an agreement to acquire substantially all remaining interests in Quebec Cartier Mining Co. (QCM).
VAI to Supply Surface Inspection System for Dofasco
Jun. 8, 2005 - VAI SIAS SAS has received a contract from Dofasco for the supply of an automatic surface inspection system to equip its coupled pickling/cold-mill facilities.
Keith Busse Named Steelmaker of the Year at AISTech 2005
May 19, 2005 - Keith E. Busse, President and CEO of Steel Dynamics Inc. was named “Steelmaker of the Year” at AISTech 2005 — The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology. The Steelmaker of the Year Award is presented annually by the AIST to recognize notable leaders and their contributions to the steel industry.
Dofasco Posts Very Good First Quarter Results
Apr. 28, 2005 - Dofasco Inc. reported consolidated net income of $78.2 million on consolidated sales of $1,073.1 million for the first quarter of 2005. The company credits higher selling prices for its much-improved earnings compared to the first quarter of 2004.
Mittal Steel's Chief Operating Officer to Address AISTech 2005
Apr. 8, 2005 - Malay Mukherjee, Chief Operating Officer of Mittal Steel, will be a featured keynote speaker for AISTech 2005 – The Iron & Steel Technology Conference and Exposition being held this May 9–12 in Charlotte, N.C.
Dofasco Posts Record Earnings in 2004
Feb. 7, 2005 - Dofasco Inc. reported net income of $96.8 million on consolidated sales of $1.11 billion for the fourth quarter and net income of $376.9 million on consolidated sales of $4.22 billion for 2004. Dofasco attributes its record earnings to excellent operating performance and robust North American flat rolled steel demand.
AISI Announces New Officers for 2005
Jan. 27, 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.
ThyssenKrupp Will Not Match Arcelor’s Latest Offer for Dofasco Shares
Jan. 24, 2005 -  
Dofasco and its Employees Donate to Tsunami Relief Fund
Dec. 6, 2004 - Dofasco is donating $100,000 to the Canadian Red Cross South Asia Earthquake and Tsunami Relief Fund.
Dofasco Files Short Form Prospectus
Nov. 29, 2004 - Dofasco Inc. has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada.
Steel Making a Comeback in Automotive Steel Wheels
Nov. 13, 2004 - Steel wheels, once facing a rapid decline in use, are making a strong comeback as automakers realize they can save up to $100 per vehicle without sacrificing quality or performance. DaimlerChrysler Corp., Ford Motor Co. and General Motors Corp., plus many European and Asian carmakers, are changing back to steel wheels for base wheels as well as for upgrade packages.
Dofasco Wins Approval for Repurchase Plan
Oct. 26, 2004 - The Toronto Stock Exchange has approved Dofasco Inc.’s application to make a Normal Course Issuer Bid for the repurchase of its common shares.
Dofasco Posts Record Third Quarter Results
Oct. 26, 2004 - Dofasco Inc. reported record consolidated net income of $115.0 million on record consolidated sales of $1,089 million for the third quarter of 2004. Dofasco attributes the results to higher pricing, strong operating performance and robust demand in the quarter.
Dofasco Steel for Construction Certified with EcoLogo
Oct. 21, 2004 - Dofasco steel for construction products has been certified to Environment Canada's Environmental Choice(M) Program. Dofasco’s steel will carry the EcoLogo(M) symbol, which provides customers assurance they have made an environmentally responsible decision when using Dofasco steel for their steel building products.
Auto/Steel Partnership Announces Executive Director
Oct. 20, 2004 - The Auto/Steel Partnership (A/SP) Joint Policy Board announced the appointment of Dr. Roger A. Heimbuch as executive director of the Partnership.
Cliffs Announces Labor Agreement at Wabush Mines
Oct. 12, 2004 - Cleveland-Cliffs Inc. announced that contract settlements have been reached and ratified by the United Steelworkers Union, representing approximately 575 hourly employees at Wabush Mines in Canada.
Talks Back on at Wabush Mines
Oct. 1, 2004 - Striking steelworkers will be back at the bargaining table Friday with Wabush Mines in an attempt to reach a settlement for 300 members of Steelworkers Local 6285. The workers have been on strike since July 5.
Dofasco Signs Technology Agreement with JFE Steel
Sep. 22, 2004 - Dofasco Inc. has signed a Technology Cooperation Agreement for automotive steels with JFE Steel Corp. of Japan.
Dofasco Makes Dow Jones Sustainability World Index
Sep. 21, 2004 - For the sixth year in a row, Dofasco Inc. has been listed on the Dow Jones Sustainability World Index (DJSI World). Dofasco is the only steelmaker in the world listed on the DJSI World index, and one of 13 Canadian companies listed.
Canadian Tribunal Rescinds Order for Cold-Rolled Steel Sheet
Sep. 15, 2004 - The Canadian International Trade Tribunal (CITT) has rescinded its findings regarding cold rolled carbon steel sheet products from Belgium, the Russian Federation, the Slovak Republic and Turkey.
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.
IMS to Supply X-Ray Gauges for Dofasco Cold Tandem Mill
Aug. 27, 2004 - Dofasco Inc., Canada, has placed an order with IMS Systems Inc. for a complete cold tandem mill thickness gauging system.
Dofasco Posts Record 2nd Quarter Results
Jul. 29, 2004 - Dofasco Inc. reported consolidated net income of $110.5 million on consolidated sales of $1,061.6 million for the second quarter of 2004. The company credits the strong pricing environment, robust demand and excellent operating performance for its record quarterly results.
Wabush Strike Should Not Affect Stelco's 2004 Production
Jul. 14, 2004 - Stelco Inc. comments that the strike at Wabush Mines will not impact Stelco's steel production.
Dofasco Adjusts 2nd Quarter Earnings Outlook
Jul. 14, 2004 - Dofasco Inc. announced that it expects its consolidated earnings for the second quarter of 2004 to be approximately $1.45 per common share, above the range of $0.83 to $1.20 expected by steel industry analysts.
Cliffs Comments on Strike at Wabush Mines
Jul. 12, 2004 - Cleveland-Cliffs Inc. expressed its disappointed that the United Steelworkers of America have called a strike at Wabush Mines in Canada.
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