Metals
China's Sinosteel Makes Bid For Australian Miner
March 14, 2008 5:16 am | by Rohan Sullivan, Associated Press Writer | News | CommentsSinosteel launched a $1.1 billion takeover bid for iron ore miner Midwest in the first hostile approach by a Chinese company for an Australian one.
Ohio Company Chooses Arkansas For Steel Mill
March 7, 2008 4:35 am | News | CommentsTennessee officials say the state lost to a site in Blytheville, Ark., for a new $500 million Warren Fabricating and Machining steel mill.
Beijing Puts Biggest Polluters On Notice
March 5, 2008 5:07 am | by Tini Tran, Associated Press Writer | News | CommentsChina's premier promised to cut pollution emissions, conserve energy and shut down outmoded and inefficient factories in heavily polluting industries such as electricity, coal and steel.
Alcoa Investing $1.2 Billion In Aluminum Plant
March 4, 2008 9:37 am | News | CommentsCEO Alain Belda said the money will go to modernizing the 51-year-old aluminum smelting facility and will guarantee 3,900 direct and indirect jobs.
Metal Parts Maker To Sell Pressure Vessels Unit
March 4, 2008 4:40 am | News | CommentsReunion Industries has agreed to sell off its pressure vessels division for $64.3 million to an affiliate of Mumbai-based Everest Kanto Cylinder.
Lawsuit Seeks Over $1 Billion From Alcoa
February 28, 2008 4:40 am | by Joe Mandak, Associated Press Writer | News | CommentsFederal lawsuit claims the American aluminum maker overcharged an aluminum company in Bahrain by bribing the company's former officials and the Bahraini government.
Electric Costs Doom Ohio Steel Mill
February 22, 2008 5:29 am | News | CommentsPlans for a proposed $1 billion scrap-based steel mill may have fallen through because of the uncertain future of the state's energy market.
Workers Clean Up Pipe Factory After Explosion
February 22, 2008 5:00 am | News | CommentsAfter a blast closed a Utah pipe factory, some of the 320 employees are still on the job, making repairs and cleaning up.
EU Environmental Package Could Exempt Some Industries
February 21, 2008 8:20 am | by Robert Wielaard, Associated Press Writer | News | CommentsEuropean Commission, bowing to industry concerns, looks to exempt Europe's steel, chemical and power sectors from having to compensate for the environmental damage they cause.
Sigma Industries Restructures, Settles With Insurer
February 21, 2008 5:45 am | News | CommentsQuebec-based metal components manufacturer streamlined its operations to cut costs and settle with its insurance company for $4.1 million as final payment for a 2005 fire.
European Steelmakers React To Iron Ore Price Hikes
February 21, 2008 5:00 am | by Aoife White, AP Business Writer | News | CommentsSteelmakers disapproved of a massive hike in iron ore prices and called on EU regulators to block miner BHP Billiton's bid for rival Rio Tinto.
Industrial Plant Fire Investigation Postponed
February 20, 2008 4:25 am | News | CommentsPlans to inspect a Wahpeton, N.D. industrial plating plant that was destroyed by fire have been put on hold due to hazardous material at the scene.
Utah Pipe Factory Explosion Injures 11
February 19, 2008 7:55 am | News | CommentsAn industrial explosion at Pacific States Cast Iron Pipe leaves 11 workers injured with one in critical but stable condition.
Russian Steel Maker Plans Expansion Into China
February 19, 2008 4:55 am | News | CommentsEvraz Group is seeking to buy Singapore-based steel products maker, Delong Holdings, in a move to expand into China, the world's fastest-growing market.
Authorities To Investigate Industrial Plating Plant Fire
February 19, 2008 4:25 am | by Dave Kolpack, Associated Press Writer | News | CommentsA North Dakota industrial plant where fire broke out Monday and leaked chemicals forcing evacuations, is being inspected to try to determine the fire's cause.
Brazil's Vale In Deal To Raise Iron Ore Prices
February 18, 2008 6:35 am | by Alan Clendenning, AP Business Writer | News | CommentsMiner announced a deal that will raise iron ore prices 65 percent for three major Asian clients amid booming global demand for the raw ingredient used to make steel.
Kaiser Aluminum Plans To Upgrade Three Plants
February 13, 2008 5:40 am | News | CommentsAluminum products maker will spend $14 million more to expand capacity, increase extrusion capabilities and improve energy efficiency at three U.S. plants.
EU Steelmakers Shrug Off U.S. Recession Fears
February 13, 2008 4:46 am | by Aoife White, and Matt Moore, AP Business Writers | News | CommentsEurope's two biggest steelmakers, ArcelorMittal and ThyssenKrupp, upbeat about weathering any global downturn this year, expecting strong steel demand and higher prices to cover soaring costs.
Steel Workers Stage Walkouts In Germany
February 12, 2008 5:15 am | News | CommentsAbout 1,900 steel workers in eastern Germany walked off their jobs as part of industry-wide warning strikes aimed at winning pay hikes.
Steel Workers Ready For More Temporary Walkouts
February 11, 2008 8:20 am | News | CommentsGerman labor union is seeking an 8 percent raise for its members, citing ‘fat’ profits among steel makers, or else workers will escalate its wave of temporary walkouts.
ArcelorMittal To Build Egyptian Steel Plant
February 6, 2008 4:55 am | News | CommentsTo meet the booming demand in the Middle East, steel maker bid $60 million to win an Egyptian government auction for a plant near the northern Red Sea coast.
BHP Billiton Bids $147.4 Billion For Rival Rio Tinto
February 6, 2008 4:38 am | by Rohan Sullivan, Associated Press Writer | News | CommentsSteelmakers in China, Japan and Europe protest BHP Billiton's bid for Rio Tinto, contending that a takeover would give it too much influence over global iron ore supplies and pricing.
AK Steel Considers Acquiring Maryland Steel Mill
February 5, 2008 9:55 am | by David Dishneau, AP Business Writer | News | CommentsRebounding Ohio-based steel maker is the second U.S. steel company interested in purchasing Sparrows Point steel mill near Baltimore.
Sweden's Sapa Acquiring China's Kam Kiu
February 5, 2008 5:00 am | by Edited by Manufacturing.net Staff | News | CommentsSapa AB signed a letter of intent to acquire one of China's largest extrusion companies, Kam Kiu.
Russian, Chinese Aluminum Producers In Partnership
February 4, 2008 5:35 am | News | CommentsRussia's UC Rusal will build aluminum complexes in Guinea and China in partnership with China Power Investment Corp.
