Reportedly, the world’s two major steelmakers ArcelorMittal and Brazil’s Siderúrgica Nacional have emerged as leading bidders for ThyssenKrupp AG’s access in the United States and Brazil. ArcelorMittal has ...
Tags: ArcelorMittal, steel, steel industry
The US Department of Commerce (DOC) announced that it has rescinded the administrative review of carbon and certain alloy steel wire rod from Mexico for the period from October 1, 2011, through September 30, 2012. Nucor Inc. had ...
Tags: carbon aalloy steel wire, certain alloy steel wire rod, US DOC
According to source reported that engineering firm CDI Corp has announced that it is working with Tenova HYL Technologies to assist Nucor Corporation in the development of Nucor's direct reduced iron-making facility in St. James Parish, ...
Tags: iron, steel, steel products
In Volume 5,Issue 1 of Prime magazine,Jonathan Tulkoff,the president of Uniwire International Ltd.discusses the current situation and future prospects for the import/domestic dynamic in the US wire rod market. The end of 2011 was marked ...
Bloomberg reported that Austrian steelmaker Voestalpine AG said on December 19 it may construct a EUR 500 million factory in the US to benefit from cheap gas. Nucor Corp also plans to start up a USD 750 million Louisiana project in mid ...
Tags: Voestalpine AG, steel, gas, Austria
Associated Press reported that last December,a group of investors backed by Alcoa Inc scrapped plans to bring 450 jobs to two new industrial plants at the former Alcoa aluminum smelting plant in North Carolina where once about 1,000 worked. ...
Tags: Alcoa Jobs for License Offer, scrapped plans to bring 450 jobs
Baltimore Business Journal reported that Baltimore County Executive Kevin Kamenetz officially declared steelmaking at Sparrows Point dead on Thursday and said the plant would be dismantled. Gov Martin O'Malley released the following ...
Tags: steel mill, steel, Steelmaking, steelmaking operation
Several hundred former Sparrows Point workers gathering late Monday afternoon for details of their steel mill's demise heard from union leaders that at least two groups had wanted to restart the plant but weren't given the chance. Mr Joe ...
Tags: Steel Pipe, Stainless Steel, Copper Scrap Price, Scrap Steel
Menafn.com reported that one of the sparrows point owners broke its silence on the bidding process Thursday to rebut charges that it blocked potential operators from bidding on the steel mill saying it seriously considered all companies ...
Tags: Sparrows Point Co, bidding process, steel mill, steel market
It is reported that Nucor expected lower margin of bar and plate in the fourth quarter due to the cumulative impact of high import levels and global economic situation uncertainty in the given period of time. However, the company will ...
Tags: Nucor expected lower margin of bar and plate, Nucor, outstanding shares
Baltimore Sun reported that one of the Sparrows Point owners broke its silence on the bidding process Thursday to rebut charges that it blocked potential operators from bidding on the steel mill, saying it "seriously considered" all ...
Tags: Sparrows Point owners, steel mill, steel, steelmakers
Several hundred former Sparrows Point workers gathering late Monday afternoon for details of their steel mill's demise heard from union leaders that at least two groups had wanted to restart the plant but weren't given the chance. Mr Joe ...
Tags: steel, steel mill, steel equipment, bankruptcy auction
The Baltimore Sun reported that an out of state steelmaker has bought the most valuable piece of the Sparrows Point plant to use as spare parts, a move that could kill the last hopes that the steel mill might be purchased by an operator and ...
Tags: steel mill, Metal Market, cold mill, thickness steel
Nucor Corporation announced guidance for its fourth quarter ending December 31st 2012.Nucor expects fourth quarter results to be in the range of USD 0.25 to USD 0.30 per diluted share.This represents a decrease from the third quarter of ...
Tags: Nucor Corporation, profitability, steel, results
NLMK North America announced to hike the prices for steel flat products by 4% for next January shipments. Meanwhile, it’s known that the major steelmakers in the US, including Nucor, AK Steel and ArcelorMittal North America have all ...
Tags: hikes steel flat product, hikes steel flat, steel flat products, steel