Suburban steel manufacturer plans to shutter its Libertyville, Ill., plant and modernize its Chicago operations, bringing 350 manufacturing jobs with it.
Settlement comes about a year after an environmental group took legal action, claiming the weights were falling off cars and trucks and polluting the state's drinking water.
Union official says the 14,000 union steelworkers employed by U.S. Steel are getting a record-setting share of the steelmaker's second-quarter profits.
World's largest steelmaker said it will acquire all of London Mining Brasil's shares from London Mining PLC for $810 million.
Russian mining and metals company has launched a medium-section mill in Romania following renovations, the company said Monday.
Brazilian mining giant says it will spend $5 billion on a new steel mill complex and related operations in the Amazon state of Para.
Novolipetsk Steel signed an agreement to expand its presence in the U.S. by buying U.S. steel pipe and tube manufacturer John Maneely Company for $3.53 billion.
Company reached an agreement with the United Steelworkers on a new four-year contract covering about 16,000 union workers.
Much of world's largest iron ore producer’s shipments head to China, where demand for steel has sent prices for iron ore skyrocketing in recent years.
World’s largest steel maker said Thursday it will spend $1.6 billion to build new steelworks that will supply surging demand in Brazil.
Steelmaker has completed its acquisition of Esmark Inc. for $760 million plus the assumption of debt and loans.
Individuals and businesses bring in scraps like copper wire, brass bits and cans, hoping the junk will be worth a tank of gas or a cart of groceries.
World's largest steelmaker said Monday it would build a $600 million steel mill in Mexico and buy a coking coal plant in the U.S.
LS Cable said Friday it has secured 93.92 percent of the shares in U.S. wire and cable manufacturer Superior Essex for a total $834 million.
News report said AK Steel was seeking an all-cash deal, and that the German steel maker ThyssenKrupp AG and the Russian steel company Evraz have been ‘taking a close look.’
Aluminum products maker announced its surcharges Thursday on shipments to help cover higher energy costs.
Executives at Nucor Corporation have said they're considering the Saint James Parish location and other foreign sites for construction of a $2 billion plant.
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.