Wheeling-Pittsburgh Steel Signs Scrap Agreement

State Journal, The, May, 2004 by Anonymous

WHEELING - Two Wheeling-based companies, Wheeling-Pittsburgh Steel Corp. and Herman Strauss Inc., have announced a strategic scrap agreement that makes Herman Strauss the scrap steel operator and exclusive scrap steel provider to Wheeling-Pittsburgh Steel.

As part of the agreement, officials said Herman Strauss will build, own and operate the scrap facility that will supply all of Wheeling-Pittsburgh Steel's scrap needs, including scrap for its electric arc furnace. Construction at WheelingPittsburgh Steel's Mingo Junction plant is scheduled for completion this fall.

"This innovative agreement ensures that Herman Strauss Inc. will play an important role as Wheeling-Pittsburgh Steel begins its evolution to a company using the most modern electric arc furnace technology...

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