Severstal's $670 million offer has the support of the United Steelworkers union.
Grievances have been filed by both Esmark and the union over the proposed sale to India's Essar Steel Holdings.
Russian steelmaker says it's disappointed in a tactic being used by West Virginia-based Esmark to stave off a $650 million takeover bid.
World's largest steelmaker said it will buy Louisiana's Bayou Steel for $475 million and had increased its stake in the Turkish steel company Erdemir to 25 percent.
Steel companies caught using charcoal made from illegally logged forests face $250 million in fines and must replant about 27,181 acres of forest.
Steel producer and distributor rejected a $670 million takeover offer from Russia's OAO Severstal, calling the bid inadequate and inferior.
Welded steel pipe maker said it will build a new tubular products pipe manufacturing facility in the Houston area.
Tangshan Iron & Steel and rival Handan Iron & Steel have begun talks to combine operations in a deal that would create one of China's biggest steelmakers.
India's Essar Steel Holdings has raised its offer for Esmark Inc. by $80 million, which puts the value of the deal at approximately $750 million.
Police used batons and tear gas to disperse angry villagers trying to storm a steel plant in eastern India in a protest over land compensation, officials said Wednesday.
Prime Minister's office said it has become a major stake-holder in the mineral-rich country's two biggest metal companies after a share swap deal.
China's Sinosteel increased its stake in Australian miner Midwest Corp., increasing its chances of spoiling a rival bid for Midwest from Murchison Metals.
Chinese metals trader raised its stake in Australian iron ore miner and developer Midwest Corp. to 28.4 percent, from 19.9 percent.
European steelmakers called for EU regulators to block BHP Billiton Ltd's takeover of mining rival Rio Tinto PLC, saying the deal would allow iron giant to fix prices.
Latrobe Specialty Steel workers are discussing the company's offer of $1.70 in hourly raises over three years as their strike enters its third week.
World's largest steelmaker bought a 14.9 percent stake in the miner for $606 million and opened discussions about another transaction.
Company president said the temporary shutdown that has idled the metal fabricating plant and its 427 workers would last no longer than June 1.
Steelmaker has chosen a tract in southeastern Louisiana as the only possible U.S. site for a $2 billion iron-making plant that would create 500 jobs.
Steel maker scheduled to resume contract talks on Thursday with United Steelworkers Local 1537 members for the first time since the workers went on strike May 1.
Steel maker and scrap metal recycler is forming a joint venture with Italy's Duferco S.A. to produce steel beams that will be sold in Europe and North Africa.
Shares of BHP Billiton and Rio Tinto surged as fresh rumors swirled around the companies linked by what could be the largest takeover ever in the mining sector.
Aluminum maker and its board of directors were sued over a purported scheme to bribe officials in the Persian Gulf country of Bahrain.
European Union to investigate whether China, Moldova and Turkey are illegally selling steel wire rod at below-cost prices that damage European manufacturers.
Steelmaker and distributor Esmark has agreed to pay India's Essar Steel Holdings a $20.5 million fee if Essar's proposed $670 million buyout offer fails.
Surging prices for copper, zinc and nickel have some in Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for the 5-cent nickels, as well.