IRON AND STEEL

UPDATE

APRIL 2007

TABLE OF CONTENTS

INTERNATIONAL

• March 2007 World Crude Steel Production

• Short Range Outlook for Apparent Steel Demand 2007-2008

• Anglo Buys Stake in Brazil Iron-Ore Project MMX Minas-Rio

• Iron Ore Deposits Found in Central India

• Mitsui to Sell Stake in Sesa Goa to Vedanta Resources

• Liberia Assembly Ratifies $1B Mittal Iron Deal

• Rio Tinto To Expand Australia's Pilbara Iron Mines

• Trafford New Listing for South Australia Iron Ore Deposit

• China's Valin Steel Looks to Invest Overseas

• Arcelor Mittal Purchases Mexican Steel Producer Sicartsa

• Palabora Mining, S. Africa, Studying New Steel Project in Mozambican Capital

• MakSteel To Boost Production 190.000 tonnes

• Nippon Steel Aims to Raise China Capacity

UNITED STATES

• Essar Global to Acquire Minnesota Steel

• SeverCorr Accelerates Plan for Expansion

• Mittal Steel USA Enters Export Market

 The above news is excerpted from the April Iron & Steel Update which is part of the World Market for Your Products and is also included in most other McIlvaine market reports.