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.
Aluminum products maker will spend $14 million more to expand capacity, increase extrusion capabilities and improve energy efficiency at three U.S. plants.
Europe'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.
About 1,900 steel workers in eastern Germany walked off their jobs as part of industry-wide warning strikes aimed at winning pay hikes.
German 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.
To 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.
Steelmakers 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.