BMO Capital Markets has upgraded US Steel's stock from Market Perform to Outperform on Wednesday. U. S. Steel broke ground on the Mini-Mill facility in 2022 and plans to complete construction this ...
Schnitzer Steel announced that it has retained Bear, Stearns & Co. Inc. to explore strategic alternatives for, including the possible sale or merger of, its McMinnville, Ore., steel mini mill, Cascade ...
U.S. Steel said Tuesday that its operations at Big River Steel in Osceola and the soon-to-open Big River Steel 2 mini-mill play a key role in the Pittsburgh-based company's environmental efforts. The ...
A coalition of U.S. steel manufacturers and consumers said it may ask the Bush administration to limit U.S. steel scrap exports because of Chinese purchases that have pushed prices sharply higher. "We ...
The steelmaker, one of Northwest Indiana's largest employers and the founder of the City of Gary as a company town, said it could move away from making steel with blast furnaces like it does at its ...
ArcelorMittal SA has come out swinging against a recent Daily Maverick article that it says turned the national debate into a scrapyard brawl in favour of mini-mills and scrap metal traders. In a ...
SEOUL (Reuters) - Steel firms taking a massive bet on furnaces fed on cheaper scrap metal rather than more traditional iron ore could find themselves in trouble as scrap supplies become both more ...
Nucor (NYSE:NUE) officially opened its Nucor Steel Lexington rebar micro mill to serve infrastructure projects in the South Atlantic and I-85 corridor. The facility is designed to supply rebar using ...