United Steelworkers of America and Geneva Steel Holdings Corp. Extend Collective Bargaining Agreement

Apr 30, 2001, 01:00 ET from Geneva Steel Holdings Corp.

    VINEYARD, Utah, April 30 /PRNewswire/ -- The United Steelworkers of
 America, AFL-CIO-CLC and its Local Union 2701 and Geneva Steel Holdings Corp.
 (Nasdaq:   GNVH) jointly announced today that the expiration date of their
 collective bargaining agreement has been extended from May 1 to May 31, 2001.
     The extension is intended to provide the parties with additional time to
 resolve outstanding issues with respect to a new collective bargaining
 agreement.  The parties are continuing to meet regularly.
 
     The Company manufactures steel plate, hot-rolled coil, pipe and slabs for
 sale primarily in the Western and Central United States.
 
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SOURCE Geneva Steel Holdings Corp.
    VINEYARD, Utah, April 30 /PRNewswire/ -- The United Steelworkers of
 America, AFL-CIO-CLC and its Local Union 2701 and Geneva Steel Holdings Corp.
 (Nasdaq:   GNVH) jointly announced today that the expiration date of their
 collective bargaining agreement has been extended from May 1 to May 31, 2001.
     The extension is intended to provide the parties with additional time to
 resolve outstanding issues with respect to a new collective bargaining
 agreement.  The parties are continuing to meet regularly.
 
     The Company manufactures steel plate, hot-rolled coil, pipe and slabs for
 sale primarily in the Western and Central United States.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X25613636
 
 SOURCE  Geneva Steel Holdings Corp.