Steel Mills
January 23, 2020
Written by Sandy Williams
NLMK USA sold 472,000 metric tons of steel in the fourth quarter of 2019, a decline of 14 percent from the previous quarter and 6 percent from a year ago. The decrease was attributed to a seasonal slowdown in steel buying activity.
Sales for the full year of 2019 declined 3.0 percent to 2.2 million MT due to lower demand for hot-rolled steel in the pipe industry.
ArcelorMittal plans to build a new electrical steel manufacturing facility near its AM/NS Calvert joint-venture mill in Alabama. The steelmaker plans to produce 150,000 metric tons (165,350 short tons) of non-grain-oriented electrical steel (NOES) annually there through its wholly owned subsidiary, ArcelorMittal Calvert LLC. ArcelorMittal revealed its plans for the new mill on Monday, following the Department […]
Domestic raw steel production saw another upward bump last week, according to data released by the American Iron and Steel Institute (AISI) on Monday, Aug. 21.
The United Steelworkers (USW) union is standing firm in its backing of Cleveland-Cliffs’ bid for U.S. Steel.
U.S. Steel has provided some clarity for the United Steelworkers (USW) union regarding the union's rights as the steelmaker considers multiple offers to buy the company.
U.S. Steel dropped a bombshell last week when it announced that it is up for sale. While a company buyout would be profitable for any buyer, there could be regulatory hurdles, according to industry analysts.