GRUPO SIMEC: Cites MXN12.6M for Pacific Steel Matters at Dec. 31

Grupo Simec, S.A.B. de C.V., at Dec. 31, 2008, reserved MXN12.6 million (US$900,000) for environmental contingency related to its United States subsidiary, Pacific Steel, Inc.

In September 2002, the Department of Toxic Substances Control inspected Pacific Steel’s facilities based on an…

SHAW GROUP: E&I Segment Records $4.9Mil in Liabilities at May 31

The Shaw Group, Inc.’s Environmental & Infrastructure (E&I) segment, at May 31, 2009, had US$4.9 million of environmental liabilities recorded in other liabilities in the balance sheets as compared to US$5.7 million at Aug. 31, 2008.

LandBank, a subsidiary of the…

MECHEL OAO: Records $40.11M Envt’l. Capital Expenses at Dec. 31

Mechel OAO estimated the total amount of capital investments to address environmental concerns at its various subsidiaries at US$40,111,000 as of Dec. 31, 2008.

These amounts are not accrued in the consolidated financial statements until actual capital investments are made.

Moscow-based Mechel…

MECHEL OAO: Cites $71.6M Asset Retirement Obligations at Dec. 31

Mechel OAO, as of Dec. 31, 2008, has not created any reserves for environmental liabilities and compliance costs, other than an accrual in the amount of US$71.6 million for asset retirement obligations, consistent with U.S. GAAP requirements.

Also, in the course,…

AK STEEL: Accrues $17.8Mil Environmental Liabilities at March 31

AK Steel Holding Corporation, at March 31, 2009, had recorded US$17.8 million in accrued liabilities and US$40.3 million in other non-current liabilities on its condensed consolidated balance sheets for estimated probable costs relating to environmental matters.

The comparable balances recorded by…

AK STEEL: Cites $14.8MM for Expenses at Middletown Works Project

AK Steel Holding Corporation has accrued the US$14.8 million for anticipated expenses associated with an environmental project concerning the Company’s Middletown Works.

On June 29, 2000, the United States filed a complaint on behalf of the U.S. Environmental Protection Agency against…

AK STEEL: Inquiry on Coshocton Works Acid Leak Still Continuing

An investigation of an area of AK Steel Holding Corporation’s Coshocton Works, over an acid leak, is ongoing.

On Nov. 26, 2004, the Ohio Environmental Protection Agency issued a Notice of Violation for alleged waste violations associated with an acid leak…

AK STEEL: Works w/ EPA to Resolve Mansfield Works Test Failures

AK Steel Holding Corporation is working with the Ohio Environmental Protection Agency to resolve a claim concerning two electric arc furnaces at the Company’s Mansfield Works.

On Dec. 20, 2006, Ohio EPA issued a Notice of Violation with respect to the…

AK STEEL: Accrues $2.1M Projected Cost for Mansfield Works Study

AK Steel Holding Corporation currently has accrued US$2.1 million for the projected cost of an environmental study at its Mansfield Works, according to the Company’s quarterly report filed with the Securities and Exchange Commission on May 5, 2009.

On Sept. 30,…

AK STEEL: Cooperates w/ EPA to Resolve Breaches at Ashland Works

AK Steel Holding Corporation is working with the U.S. Environmental Protection Agency to resolve violations at the Coke Plant in the Company’s Ashland Works.

On July 23, 2007 and on Dec. 9, 2008, the EPA issued Notices of Violation with respect…

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