Metalico Inc. MEA is one of the greatest heavy metal bands of our time. No, wait -- it's a steel company that recycles scrap metal and is reaping the benefits of rising demand.
ATLANTA -- GE Energy has signed a multi-million dollar contract with Wuhan Iron and Steel Company, Ltd. of Wuhan, China for GE's first large-size blast furnace gas BFG-fired combined-cycle power generation project in China.
While China continues to be a voracious consumer of steel products, steel producers in the country are joining together and quickly becoming fierce competitors to Western and other Asian steel manufacturers. To cope with this ever-changing landscape, steelmakers are making structural changes to reduce costs and seeking customer loyalty through...
LUXEMBOURG & MOSCOW -- Arcelor (ISIN:LU0140205948) (Pink Sheets:ARLOF) (Paris:LOR), the world's number one steel company, and Severstal, the largest Russian steel company, announced today that they have agreed to merge, creating the world's steel champion and most profitable steel company. The combined company will rank amongst the world's most competitive...
The U.S. International Trade Commission ITC determined on 22 October that the U.S. steel producers have suffered significant injury from imports and must be protected. This decision elicited immediate but divergent reactions from steel producers an The U.S. International Trade Commission ITC determined on 22 ...
Local union and management officials in the steel industry are working to push for federal legislation that would limit the amount of steel imported into the United States and give American steel companies more financial backing. Both sides say th Local union and...
U.S. Steel Balkan d.o.o., a wholly owned Serbian subsidiary of U.S. Steel Corp., agreed April 1 to purchase out of bankruptcy Serbian steel producer Sartid a.d. and six of its subsidiaries for $23 million. U.S. Steel Balkan d.o.o., a wholly owned Serbian subsidiary of U.S....
European fruit and vegetable canners are worried that major European steel producers, such as ARCELOR, CORUS and ... European fruit and vegetable canners are worried that major European steel producers, such as ARCELOR, CORUS and US STEEL, are about to increase steel prices by...
Dan DiMicco, CEO of Charlotte-based steel maker Nucor Corp., claims trade liberalization has hurt the U.S. economy. Other countries are unlawfully devaluing their currencies, he says, making it cheaper for them to sell steel and other goods here. He Dan DiMicco, CEO of Charlotte-based steel...
AsiaInfo Services 01-23-2006 Siemens Not to Buy into Chinese Steel Companies in Sight WUHAN, Jan 23, 2006 SinoCast via COMTEX -- Siemens China is to cut into the Chinese iron and steel industry by providing industrial systems and technical se ...
Luxembourg-based Arcelor, the world's largest steel maker, said it has agreed to buy a controlling stake in Brazilian steel firm CST for US$579 million as part of its strategy to enhance its scale and presence in the global carbon steel market. Ar Luxembourg-based...
Siemens I&S/VAI Fuchs has earned contracts from two Chinese steel producers, Wuhan Iron and Steel Co. and Handan Iron and Steel Co., for the separate supply of 300-metric ton, twin-ladle ... Siemens I&S/VAI Fuchs has earned contracts from two Chinese steel producers, Wuhan Iron...
AsiaInfo Services 01-24-2006 China's Steel Industry May Involve in Global M&A, Siemens Says BEIJING, Jan 24, 2006 SinoCast via COMTEX -- Germany's conglomerate Siemens boldly forecasts that the Chinese iron and steel industry will be AsiaInfo Services ...
AsiaInfo Services 01-16-2006 German Steel Giant Gained Control of Shandong Crankshaft Maker SHANDONG, Jan 16, 2006 SinoCast via COMTEX -- Germany-based steel giant ThyssenKrupp has obtained a controlling 51% stake in Tianrun Crankshaft Co., L AsiaInfo Services ...
Praxair Inc. announces that it has signed a licensing agreement with WCI Steel Inc., an integrated, flat-rolled steel producer, for use of Praxair's patented CoJet gas injection system in their basic oxygen furnace. Praxair Metals Technologies Vic Praxair Inc. announces that it has...
AsiaInfo Services 01-23-2007 Arcelor to Buy into Laigang Later SHANDONG, Jan 23, 2007 SinoCast via COMTEX -- Laiwu Steel Corporation (SHSE: 600102, Laigang), a Shandong-based large steel producer, announced recently that it would prolong the AsiaInfo Services ...
Byline: Joe Truini Soaring scrap steel prices have taken a bite out of steel manufacturers and product makers, and fears that the situation will get worse are fueling a potential row over free trade between scrap recyclers and scrap consumers ...
Ispat Inland and appliance maker Whirlpool have settled their ongoing legal battle over steel price surcharges. Whirlpool had filed the suit in a Michigan circuit court, claiming that surcharges imposed by the steel producer violated a current one- Ispat Inland and appliance maker Whirlpool...
As economies around the world tanked last year, cheap steel starting flooding into the United States, hurting domestic steel companies. The cheap imports were no coincidence. Now steelmakers union workers, with President Clinton in their corner, w As economies around the world tanked...
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