SCHEDULE 14A INFORMATION
Solicitation Prior to Furnishing Required Proxy Statement Pursuant to
Section 14(a) of the Securities Exchange
Act of 1934
Filed by the Registrant /X/
Filed by a Party other than the Registrant / /
Check the appropriate box:
/ / Preliminary Proxy Statement (Consent Revocation Statement)
/ / Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
/ / Definitive Proxy Statement
/ / Definitive Additional Materials
/X/ Soliciting Material Pursuant to Section 240.14a-11(c) or Section
240.14a-12
OREGON STEEL MILLS, INC.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of filing fee (Check the appropriate box):
/X/ No fee required.
/ / Fee computed on table below per Exchange Act Rules 14a-6(i)(4) an
0-11.
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applies: _______________
(2) Aggregate number of securities to which transaction
applies: _______________
(3) Per unit price or other underlying value of transaction
computed pursuant to Exchange Act Rule 0-11 (Set forth the
amount on which the filing fee is calculated and state how it
was determined): ____________________________
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(5) Total fee paid: $__________
/ / Fee paid previously with preliminary materials.
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was paid previously. Identify the previous filing by registration
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<PAGE>
OREGON STEEL MILLS, INC.
DATE: December 30, 1998
TO: All Employees
FROM: Joe Corvin, President of Oregon Steel Mills, Inc.
================================================================================
A group calling itself the Committee for Shareholder Value has recently mailed
information to many of our shareholder employees asking them to consent to the
adoption of three committee-sponsored proposals. It is important for you to know
that this committee consists of the Crabbe Huson Group, Inc., Amalgamated Bank
of New York and the AFL-CIO. The AFL-CIO group, in an effort to make it appear
that they speak for other shareholders, is calling itself a "Committee" of
shareholders. We believe that these proposals are part of an on-going United
Steelworkers of America ("Union") campaign directed at Oregon Steel Mills.
The Board of Directors of Oregon Steel Mills opposes each of the AFL-CIO
proposals and recommends that you do not sign the gold consent card or any other
forms which may be sent to you by the AFL-CIO group. If you have any questions
regarding the mailing, the Company's position, or the nature of the proposals,
please call the Investor Relation's office at 240-5226.
/s/ Joe Corvin
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Joe Corvin
