Rocky Mountain Steel Mills Settles with State

Rocky Mountain Steel Mills, a division of Oregon Steel Mills, recently negotiated a comprehensive settlement with the State of Colorado to resolve air emission compliance issues. While the facility is currently in compliance with State emission requirements, this settlement resolves a pending enforcement action brought by the State of Colorado concerning RMSM's past compliance.

``We will continue to invest in our people and in our technology,'' says Rob Simon, Vice President and General manager of RMSM. ``We want RMSM to be one of the most successful metals company in North America.''

Under the agreement, RMSM will voluntarily shut down one of its furnaces in order to invest roughly $20 million in a single furnace/emission control operation that will improve the facility's emissions, production levels, energy efficiency, and long-term competitiveness. This technology will allow RMSM to achieve particulate matter emission standards three times more stringent than the current permitted limits. It will also reduce its PM emissions by over 25 additional tons per year beyond any existing legal requirement.