Company says 4 to 6 percent increase reflects increased demand for stainless steel products and the need to recover increased costs of steel production.
Brazilian steel maker has held talks with French government officials on the possible purchase of an ArcelorMittal plant that unions say is set for closure.
Civil lawsuit against aluminum maker Alcoa, filed by a Middle Eastern company, is halted while federal prosecutors determine if the company broke any laws.
Steelmaker said it increased its stake to nearly 50 percent and provided Troy, Mich.-based auto parts supplier with a $50 million loan to help the company reduce its debt.
OAO Severstal will buy the fully integrated mill from ArcelorMittal for $810 million, becoming the fourth largest steel producer in the U.S.
U.S. Justice Department has begun an investigation into whether the aluminum maker participated in bribery in the Persian Gulf state of Bahrain.
Shares of several U.S. steel producers rose Thursday as key non-U.S. rivals retreated following an analyst upgrade of United States Steel Corp.
Pittsburgh-based steel maker has agreed to pay a penalty of $301,800 for past violations and will reduce emissions at two steel plants.
Sinosteel 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.
Tennessee officials say the state lost to a site in Blytheville, Ark., for a new $500 million Warren Fabricating and Machining steel mill.
China'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.
CEO 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.
Reunion Industries has agreed to sell off its pressure vessels division for $64.3 million to an affiliate of Mumbai-based Everest Kanto Cylinder.
Federal lawsuit claims the American aluminum maker overcharged an aluminum company in Bahrain by bribing the company's former officials and the Bahraini government.
Plans for a proposed $1 billion scrap-based steel mill may have fallen through because of the uncertain future of the state's energy market.
After a blast closed a Utah pipe factory, some of the 320 employees are still on the job, making repairs and cleaning up.
European 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.
Quebec-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.
Steelmakers 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.
Plans 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.
An industrial explosion at Pacific States Cast Iron Pipe leaves 11 workers injured with one in critical but stable condition.
Evraz 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.
A 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.
Miner 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.