Industrial services and engineered products provider received a nine-year contract from ArcelorMittal expected to generate more than $100 million over its term.
Head of the Chinese company that recently bought a chunk of mining giant Rio Tinto said it was a strategic investment, and hinted his company would consider selling to BHP Billiton.
Luxembourg-based steel business said it had bought a 50 percent stake in the rolled steel maker Laminadora Costarricense SA and wiremaker Trefileria Colima SA from the Pujol Group.
Unusually heavy snow and prolonged cold have slowed transport systems, preventing deliveries of coal and other raw materials.
European Union started a new probe into whether China, South Korea and Taiwan are illegally selling steel below-cost and hurting European steelmakers.
Alcoa Inc. and Aluminum Corp. of China jointly acquired 12 percent of the shares of global mining company in a deal believed to be worth $14.05 billion.
Governor Mike Easley says Chicago Tube & Iron Co. will add 42 jobs to its plant in Stanly County.
Anglo-Australian miner BHP Billiton struck a 10-year iron ore supply deal with Baoshan Iron & Steel that extends an existing 6 million-ton a year sales agreement.
Connecticut’s Attorney General has sued Atlantic Wire, accused of dumping toxic waste into the Branford River.
Acquisition talks with Ukrainian steel tycoon Konstantyn Zhevago are in the final phase to purchase steel maker, Kremikovtzi.
Aluminum Corp. of China has stopped production at two factories, another sign that a worsening power shortage in the country is beginning to affect regional industries.
Timken said it plans to add Boring's products to its alloy steel product offerings for oil and gas customers, thereby expanding its presence in the energy market.
Global manufacturer and distributor of precision-engineered specialty alloys will build a 60,000-square-foot facility, creating at least 107 jobs and retaining 617 positions.
A unit of Taiwan's Formosa Plastics Corp. and the island's Sunsteel Corp. are reportedly planning to build a $6 billion steel complex in Vietnam's Ha Tinh province.
World's largest steelmaker will shed jobs from a loss-making plant in eastern France that makes wire rod.
Blast at a Tec-Cast metal casting plant killed one and injured nine others Tuesday morning as workers were performing maintenance on an air pressure vat.
Workers at Irvin, Pa. plant will be tested for tuberculosis after a male worker at the facility contracted the lung disease, local health officials said.
Imports during the first 11 months of last year rose 91 percent, the European Commission said as it continues to investigate whether China is illegally selling steel below-cost.
The $50 per ton price hike is in addition to a previously announced increase of $30 per ton for carbon steel products, both effective with Feb. 1 shipments.
World's largest steelmaker purchases Unicon, a maker of steel pipes for the oil and gas industry, adding to a string of recent South American acquisitions.
U.S. Steel's Gary Works complex helps make Indiana the country's top steel-producing state, but there is a constant balancing act between manufacturing and the environment.
Russian steel maker appoints James Hrusovsky to replace CEO John Correnti.
Specialty metals and engineered product maker said $147 million sale of its ceramics operations is part of a shift toward alloy products.
Australia's largest steelmaker agrees to buy IMSA Steel Corp. from Luxembourg-based Ternium SA to more than double the size of its U.S. operations.
Valex Corp. facility will produce ultra high purity tubes, fittings and valves for the semiconductor, liquid crystal display and solar industries.