Board of directors approved a $21 million capital investment to expand production of high-valued, grain-oriented electrical steels at its Butler, Pa., facility.
Labor dispute that began May 1 at Latrobe Specialty Steel is ending now that workers have narrowly approved a contract.
Aluminum die-casting firm bought by a publicly traded company in 1996 has returned to private hands under its former name, Pace Industries Inc.
Its biggest acquisition to date, the cash-and stock deal will create a company with the largest reserves of iron ore and metallurgical coal in the U.S.
U.S.-based steel company raising spot market prices for its carbon steel products by $50 per ton for all new orders, effective Sept. 1.
Russian metals and mining company on Monday said it completed its acquisition of Ohio steelmaker WCI Steel for $140 million in cash.
Initial investigation of the proposed acquisition of Rio Tinto by BHP Billiton revealed concerns about higher prices and reduced choice for European customers.
Work has begun on what will be Vietnam's largest steel plant, part of a $1.7 billion complex that will include a deep-sea port, state-media reported Monday.
Global mining company said Thursday that U.S. antitrust regulators had granted partial approval for its $170 billion hostile takeover bid for rival Rio Tinto.
Increases represent the sixth consecutive annual rise in iron ore prices, as demand for the steel making material soars from China and other developing nations.
Company will add surcharges to all new orders of fabricated aluminum products beginning July 1 to offset rising costs for natural gas, electricity and diesel fuel.
World's largest steelmaker increased its stake in Macarthur Coal to just under 20 percent, days after talks on a possible takeover ended without a deal.
Two steel companies combined to form the world's fifth-largest producer, the latest in a series of government-orchestrated deals aimed at creating globally competitive suppliers.
Metal prices, driven up by increased demand in domestic and overseas markets combined with a shift in the scrap supply chain, has ignited a boom in the scrap business.
COO Gregory Mason says the plants and equipment have never realized their full potential, but Severstal will invest $250 million over five years to make sure they do.
Government will decide within three months whether to allow China's Sinosteel to increase its stake in Australian iron ore miner Murchison Metals.
Essar Steel Holdings had been battling Russia's OAO Severstal to acquire Esmark.
European Union regulators fined five companies that produce aluminum fluoride $7.74 million Wednesday for running a cartel.
Aluminum producer will look into buying a 40 percent stake in a refinery project with a state-owned minerals development company in Vietnam.
Japan's third-biggest automaker will likely raise prices for its vehicles in the Asian nation as the cost of steel and other raw materials soar.
Steelmaker and distributor says it's giving the United Steelworkers until Thursday to organize a buyout bid for the company.
China's biggest steel producer agreed to price hikes of up to 96.5 percent with iron ore supplier Rio Tinto amid surging demand for tight metal supplies.
Aluminum products maker said Monday its board approved a $19 million expansion at its Tennalum unit's facility in Jackson, Tenn.
Residents near a U.S. Steel plant want assurances that the company's planned $1 billion upgrade will reduce air pollution while also hoping it strengthens steelmaking.