Steel Industry
The Latest
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China Policies Causing Wild Swings In Iron Ore Prices
The price of iron ore shifted over the past weeks as it reacted to contradictory China policies. The price of iron ore shifted over the past weeks as it reacted to contradictory China policies. -
Steelmaker Nucor To Ramp Up Production As Auto Industry Rebounds
Nucor Corporation is aiming to double the production capacity for its steel automotive products to meet the growing demand of the recovering auto industry. Nucor Corporation is aiming to double the production capacity for its steel automotive products to meet the growing demand of the recovering auto industry. -
Sinosteel To Increase Its Ore Imports In Deal With Fenix Resources
Sinosteel's decision to increase ore purchases was prompted as a new boom in public works and property follows the pandemic. Sinosteel's decision to increase ore purchases was prompted as a new boom in public works and property follows the pandemic. -
US Steel To Lay Off 6,500 Employees Nationwide After Losing $391 Million In Q1
US Steel to also cut thousands of jobs in Northwest Indiana and Europe US Steel to also cut thousands of jobs in Northwest Indiana and Europe -
China Baowu Steel Accelerating Its Efforts To Become Global Steel Industry Leader
After becoming the world's largest crude steel producer, China Baowu Steel now has its eye set on becoming a global leader in the industry. After becoming the world's largest crude steel producer, China Baowu Steel now has its eye set on becoming a global leader in the industry. -
Senate May Impose Tariff Waivers To Help Small Businesses
The US politicians have debated allowing tariff waivers for foreign imports into the country to help small businesses recover from financial losses. The US politicians have debated allowing tariff waivers for foreign imports into the country to help small businesses recover from financial losses. -
Jingye Group Completes Acquisition Of British Steel
Hebei Jingye Group will be taking over British Steel's Teesside Beam Mill, its steelworks facility in Scunthorpe, and its steel mill in Skinningrove. Hebei Jingye Group will be taking over British Steel's Teesside Beam Mill, its steelworks facility in Scunthorpe, and its steel mill in Skinningrove. -
Jingye Group Saves 3,000 Jobs By Acquiring Stocks From British Steel
This Monday, Jingye Group announced the finalization of its acquisition of the United Kingdom and Dutch assets from British Steel saving more than 3,000 jobs from the company. This Monday, Jingye Group announced the finalization of its acquisition of the United Kingdom and Dutch assets from British Steel saving more than 3,000 jobs from the company. -
China Baowu Steel To Aquire Controlling Stake In Chongqing Iron
China Baowu Steel Group is set to acquire a controlling stake in Chongqing Iron and Steel through a share purchase with Four Rivers Investment Management. China Baowu Steel Group is set to acquire a controlling stake in Chongqing Iron and Steel through a share purchase with Four Rivers Investment Management. -
US Steel To Idle Detroit Plant And Lay Off 1,545 Workers
US Steel Corp is reportedly planning to permanently idle its massive plant in Detroit, which will result in the layoff of 1,575 workers. US Steel Corp is reportedly planning to permanently idle its massive plant in Detroit, which will result in the layoff of 1,575 workers.