| 单词 | steelmaker |
| 例句 | A big steelmaker belches too much smoke into the air? Freakonomics: A Rogue Economist Explores the Hidden Side of Everything 2005-04-12T00:00:00Z In 2006 the steelmaker embarked on a massive investment and construction project to build blast furnaces to produce high-quality virgin steel for cars, ships and consumer durable goods for parent Hyundai Motor and other customers. Hyundai Rolls Its Own 2011-02-23T23:00:00Z The Jessop hospital was the result of the philanthropy of the steelmaker Thomas Jessop, created to serve the women of Sheffield. Jessop hospital, Sheffield – review 2013-03-31T00:05:21Z Tai is separately seeking to negotiate a green steel arrangement with the European Union that aims to disadvantage Chinese steelmakers on the basis of their higher carbon emissions. China objects to US proposal for APEC trade and investment policies -source 2023-11-15T05:00:00Z Still, steelmakers expect a sequential decline in fourth-quarter core profit as lower prices they booked in the summer show up in the results, KeyBanc Capital Markets Philip Gibbs said. US steelmakers set for strong start to 2024 as UAW strike fuels price gains 2023-11-15T05:00:00Z Japan’s top steelmaker said in a statement Thursday that such internal disputes were not fitting for a period of uncertainty and rapid change toward “carbon neutrality,” referring to the recent rush to develop electric vehicles. Nippon Steel drops patent lawsuit against Toyota in name of partnership 2023-11-02T04:00:00Z The Japanese steelmaker has terminated the lawsuits against Toyota and Mitsui by waiving claims against them, it said in a statement. Nippon Steel drops patent lawsuits against Toyota, Mitsui 2023-11-02T04:00:00Z The EU plans to open an anti-subsidy investigation into Chinese steelmakers this month, the Financial Times has reported. Borrell says EU takes China seriously, expects same in return 2023-10-14T04:00:00Z The European Union is planning to announce anti-subsidy investigations against Chinese steelmakers at a summit with the U.S. this month, the Financial Times reported on Tuesday. Asia shares pick up after Fed rate comments; oil dips 2023-10-10T04:00:00Z Shares of the Pittsburgh steelmaker soared more than 30% on speculation that a deal was imminent. The 122-year-old US Steel is reviewing “numerous” buyout offers 2023-08-29T04:00:00Z Steel executive, said Esmark was "the third largest steelmaker in the country", without elaborating with any figures. Esmark CEO says has money in bank account for $7.8 billion US Steel bid 2023-08-15T04:00:00Z Cleveland-Cliffs said its proposal, first made on July 28, would create a company that would be among the 10 biggest steelmakers in the world and one of the top four outside of China. US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives 2023-08-13T04:00:00Z The forecast was increased by 20 billion yen from the previous estimate and versus 72.5 billion yen in the last fiscal year's net profit posted by Kobe Steel, Japan's third-biggest steelmaker. Japan's Kobe Steel raises annual profit forecast to record $840 mln 2023-08-08T04:00:00Z "Demand from customers for cleaner steel is encouraging investment," she said, but she called on steelmakers to commit more money and to hasten their decarbonisation process. Port Talbot: Tata boss calls for subsidies to be greener 2023-06-12T04:00:00Z Morgan, Andrew Carnegie and others, and the domestic steel industry dominated globally before Japan, then China, became the preeminent steelmakers over the past 40 years. The 122-year-old US Steel is reviewing “numerous” buyout offers 2023-08-29T04:00:00Z Heavy energy-using sectors, like glass, ceramics and steelmakers, get a larger discount than others. Cost-of-living payments: Who is getting them and when? 2023-05-25T04:00:00Z U.S. steelmakers are among the world's lowest carbon emitters, because of their heavy reliance on electric-arc furnaces that make steel largely from scrap, as opposed to smelting iron ore in coal-fired blast furnaces. US Commerce chief says green steel pact would combat excess Chinese output 2023-05-16T04:00:00Z One of these is Nucor, a steelmaker that submitted a mandatory “environmental product declaration” about the company’s sustainability practices. Biden’s push to disclose climate risks hits wall of industry resistance 2023-05-02T04:00:00Z "So I can also see why steelmakers here are turning to the government and wondering if they could also get a more direct subsidy as well." Port Talbot: Tata boss calls for subsidies to be greener 2023-06-12T04:00:00Z Domestically, economists from Barclays noted that some steelmakers are cutting capacity ahead of this week’s Politburo meeting and also amid weak demand from the property sector. China's factory activity likely grew at slower pace in April- Reuters poll 2023-04-28T04:00:00Z The South Korean government plans to seek donations for its compensation fund from companies that benefited from those grants, such as steelmaker Posco. South Korea to compensate victims of Japan’s wartime forced labor 2023-03-06T05:00:00Z According to South Korean press reports Monday, South Korean companies which benefited from the 1965 payout, including such prominent firms as steelmaker POSCO, will contribute to a new fund for the surviving laborers. South Korea reveals plan to heal long rift with Tokyo over forced labor 2023-03-06T05:00:00Z Mr Stace said the proposals from the government were "very welcome" and would go a "long way to bridging the gap" between what UK steelmakers pay compared to competitors in Europe. Steel industry concerned over speed of energy help 2023-02-23T05:00:00Z Europe's largest steelmaker ArcelorMittal and the Spanish government are also investing in green steel projects in northern Spain. The race across Europe to build green steel plants 2023-02-16T05:00:00Z Like other steelmakers, Celsa was forced to make production cuts last year as energy prices soared after Russia's invasion of Ukraine. Factbox: Steelmaker Celsa puts Spain's new insolvency law to test 2023-02-15T05:00:00Z Heavy energy-using sectors, like glass, ceramics and steelmakers, will get a larger discount than others. What is the energy price cap and what will happen to bills? 2023-01-09T05:00:00Z Many major European steelmakers have announced alternatives to traditional coal-fired steelmaking and some automakers are buying the cleaner steel to fulfill promises to shareholders and customers. US company gets $120 million boost to make ‘green steel’ 2023-01-26T05:00:00Z Venture capital investors bought in, but the steelmakers did not bite at the time. ArcelorMittal leads $120 mln funding for green steel tech firm 2023-01-27T05:00:00Z In the UK, the government is reported to be ready to stump up £600m to help Britain's two largest steelmakers switch away from coal-fired blast furnaces. The race across Europe to build green steel plants 2023-02-16T05:00:00Z The government is expected to announce hundreds of millions of pounds of support to help Britain's two biggest steelmakers go green. Government to offer £600m for green steel switch 2023-01-22T05:00:00Z Alun Davies, national officer at steelmakers' union Community, said the announcement of possible job losses was "devastating" to staff who "couldn't have done more" to support the company through its recent struggles. Liberty Steel restructuring puts 440 jobs at risk 2023-01-12T05:00:00Z In related news, on Thursday, U.S. steelmaker Nucor announced it will start making heavy grade steel at a new $1.7 billion mill in Brandenburg, Kentucky, using electric furnaces to make new steel from scrap. US company gets $120 million boost to make ‘green steel’ 2023-01-26T05:00:00Z The world’s largest steelmaker, Baosteel, has allocated purchasing of more than half its 2023 iron ore imports to the new group, a person familiar with the matter told Reuters on Friday. China's new state-run agency to start iron ore purchases -Bloomberg News 2022-12-16T05:00:00Z “We will create an economic interest and rationale for a steelmaker in Turkey or in China to invest in green technologies,” Canfin said. E.U. seeks to pressure China on climate by taxing steel and cement 2022-12-13T05:00:00Z U.S. steelmakers claim to have the world’s lowest carbon emissions levels, in part because 70% of American steel is made from scrap iron in electric-arc furnaces rather than coal-fired blast furnaces. U.S. floats new steel, aluminum tariffs based on carbon emissions 2022-12-08T05:00:00Z Demand for the fossil fuel is so strong some miners say they are selling coking coal used by steelmakers to electricity companies instead. Bankers pour cold water on red hot coal 2022-11-24T05:00:00Z “Supply expansion will also be limited as steelmakers focus on reducing carbon emissions instead of quantitative growth,” he said on an earnings call. S.Korea's POSCO Holdings sees steel demand remaining weak; Q3 profit tumbles 2022-10-24T04:00:00Z Other steelmakers also allocated significant volumes of their iron ore purchases, said the source, declining to provide details. China's new state-run agency to start iron ore purchases -Bloomberg News 2022-12-16T05:00:00Z Kobe Steel, Japan's third-biggest steelmaker, also said it has decided to invest in H2 Green Steel and is in talks with the Swedish company for the possible purchase of green HBI. Kobe Steel's U.S. unit signs technology deal with Sweden's H2 Green Steel 2022-10-12T04:00:00Z The property sector credit trouble is at risk of seeping into secondary industries such as asset management companies, privately-owned construction firms and small steelmakers, said Fitch Ratings in an August note. Exclusive : China regulator probes banks' property loan portfolio - sources 2022-08-18T04:00:00Z "This announcement demonstrates that the UK government understands the challenges of British industry and continues to support steelmakers and steel communities across the country." Government proposes more help for energy-intensive firms 2022-08-12T04:00:00Z Indian steelmakers and cement manufacturers have bought Russian coal using the United Arab Emirates dirham, Hong Kong dollar, yuan and euro in recent weeks, according to customs documents separately reviewed by Reuters. EXCLUSIVE Indian companies swapping dollar for Asian currencies to buy Russian coal 2022-08-10T04:00:00Z At the moment, barges on the lower Rhine - an important route for transporting coal from Rotterdam inland to German steelmakers and power producers - are operating at less than half capacity. Dutch government declares water shortage due to drought 2022-08-03T04:00:00Z The move followed a petition by steelmakers China Baoshan Iron and Steel and a unit of Beijing Shougang which argued that ending the tariffs could lead to further dumping, hurting the domestic steel sector. China to extend anti-dumping duties on steel product from Japan, South Korea, and EU 2022-07-22T04:00:00Z The steelmaker’s results came in higher than investors were expecting. Tesla, Nucor rise; AT&T, United Airlines fall 2022-07-21T04:00:00Z Britain has a "strong argument" to support its steel industry, business minister Kwasi Kwarteng said on Tuesday, days after the government proposed to extend tariffs by two years to protect domestic steelmakers. New documentary 'The Princess' immerses audiences in Diana's story 2022-06-28T04:00:00Z Rival steelmaker Arcelormittal Nippon Steel India shipped in 35,000 tonnes of Russian anthracite coal using euros, a customs document dated June 15 showed. EXCLUSIVE Indian companies swapping dollar for Asian currencies to buy Russian coal 2022-08-10T04:00:00Z UK Steel said ending the import controls would expose British steelmakers to a distorted global marketplace and that could cause as much as £150m a year in damage. Boris Johnson signals controls on steel imports to stay 2022-06-26T04:00:00Z British Prime Minister Boris Johnson said on Sunday it was reasonable to consider ways of protecting British steelmakers against surging energy costs which are less of a problem for their competitors from other countries. S.Korea's Yoon to meet U.S., Japan leaders in Spain during NATO summit 2022-06-26T04:00:00Z British Prime Minister Boris Johnson said on Sunday it was reasonable to consider ways of protecting British steelmakers against surging energy costs which are less of a problem for their competitors from other countries. Biden thanks Scholz for leadership on Ukraine crisis at G7 summit 2022-06-26T04:00:00Z Britain proposed on Thursday to extend for a further two years a package of tariffs and quotas on five steel products to protect domestic steelmakers. U.S. oil refiners to meet Biden officials in high-stakes price talks 2022-06-23T04:00:00Z Cheap coal supplies are especially crucial to Indian steelmakers now, as they are reeling from export duties imposed by the Indian government last month to curb local inflation. EXCLUSIVE India's Tata Steel bought 75,000 tonnes of Russian coal in May - sources 2022-06-21T04:00:00Z Workers at a Mexican plant of ArcelorMittal have called off a brief strike after reaching an agreement with the world's largest steelmaker over profit-sharing, the mining union said on Thursday. WTO approves package of trade deals, prompting cheers 2022-06-17T04:00:00Z Workers at a Mexican plant of ArcelorMittal have called off a brief strike after reaching an agreement with the world's largest steelmaker over profit-sharing, the mining union said on Thursday. Mexico workers end strike at ArcelorMittal plant, reach agreement -union 2022-06-17T04:00:00Z Ukraine's largest steelmaker Metinvest on Friday said it was concerned that Russia may use several ships stranded in Mariupol to "steal and smuggle metallurgical products" belonging to the group. Ship to take metal from Mariupol to Russia; Kyiv decries looting 2022-05-28T04:00:00Z Japan’s leading steelmaker is among the world’s top makers of high-end seamless pipes used for drilling oil and gas. Nippon Steel sees seamless pipe business back in profit thanks to increased gas drilling 2022-05-26T04:00:00Z Tata Steel was the only major steelmaker to announce it would stop doing business with Russia. EXCLUSIVE India's Tata Steel bought 75,000 tonnes of Russian coal in May - sources 2022-06-21T04:00:00Z T. V. Narendran, chief executive of India's biggest steelmaker by revenue, said that while Tata Steel understood the inflationary concerns, such measures can hit the steel industry over the longer term. Tata Steel says India export tax could alter output targets 2022-05-24T04:00:00Z Sharma said Indian steelmakers have about 2 million tonnes in pending export orders, mostly to Europe, which are stuck in ports or in various stages of production. Indian steelmakers face hit on Europe deals over export tax -JSPL exec 2022-05-22T04:00:00Z Facing escalating pressure from governments and investors to reduce emissions, a number of steelmakers — including both major producers and startups — are experimenting with low-carbon technologies that use hydrogen or electricity instead of traditional carbon-intensive manufacturing. The race to produce green steel 2022-05-17T04:00:00Z Nucor, the largest U.S. steelmaker, has partially offset natural gas costs at its steel mills by selling some of the gas it produces for its own use, a spokesperson said. Surging natural gas prices squeeze U.S. industrial sector 2022-05-16T04:00:00Z Other Indian steelmakers have been importing bulk quantities of coal from Russia, trade data reviewed by Reuters showed. EXCLUSIVE India's Tata Steel bought 75,000 tonnes of Russian coal in May - sources 2022-06-21T04:00:00Z The Swedish steelmaker said on April 26 concerns related to its sales office in Russia had led to asset writedowns of 158 million Swedish crowns in the country. Factbox-Companies count the cost of ditching Russia 2022-05-12T04:00:00Z Russian steelmakers, chemical manufacturers and car companies are already feeling the brunt of sanctions aimed at crippling President Putin's war effort. Ukraine sanctions: What pain lies ahead for Russia's economy? 2022-05-10T04:00:00Z The unit was not operational and was undergoing a dismantling process, Tata, India's largest steelmaker by revenue, said in a statement, adding that production has not been impacted. Blast at India's Tata Steel coke plant injures three contract workers 2022-05-07T04:00:00Z Similar problems are being felt by steelmakers and other industrial companies across Europe. Britain's steelmakers scorched by white-hot power prices 2022-04-22T04:00:00Z Nearly 70% of U.S. pig iron imports come from Russia and Ukraine, Alix Partners says, so steelmakers will need to switch to production from Brazil or use alternative materials. Russia war could further escalate auto prices and shortages 2022-04-03T04:00:00Z “In 2012, a weak yen helped Japan regain global competitiveness, but the situation is totally different now,” said Hashimoto, also the president of Japan’s biggest steelmaker Nippon Steel Corp. Russia-Ukraine conflict to have huge impact on global steel demand -Japan steel group 2022-03-29T04:00:00Z A sign with the logo of steelmaker Severstal is on display at the company's plant in Cherepovets, Russia October 22, 2018. Severstal to apply for special licence after Eurobond coupon payment frozen 2022-03-23T04:00:00Z A spike in electricity prices has forced small German steelmaker Lech-Stahlwerke to halt production at its plant in Bavaria, the German state's only steel works. Factbox: What are Europe's options in case of Russian gas disruption? 2022-03-10T05:00:00Z And small German steelmaker Lech-Stahlwerke has also halted production at a plant in Bavaria. Britain's steelmakers scorched by white-hot power prices 2022-04-22T04:00:00Z With production of 108 million tonnes last year, Russia is the world’s fifth-largest producer of iron ore, according to Credit Suisse, supplying European steelmakers who now face higher prices and possible difficulties procuring the metal. Carmakers face soaring metal costs with Russian supplies at risk 2022-03-08T05:00:00Z Japan's biggest steelmaker, Nippon Steel Corp , said on Friday it would secure alternatives for a raw material it buys from Russia and Ukraine in the event of any supply disruptions. Automakers idle production following Russia's invasion, other firms also scramble 2022-02-25T05:00:00Z Japanese steelmakers are facing a supply glut, weak orders for drill pipe due to slumping oil prices, and softer-than-expected domestic demand, battering profits and output. U.S., Japan reach deal to cut tariffs on Japanese steel, fight excess output 2022-02-08T05:00:00Z The steelmaker warned investors about a temporary slowdown in orders. General Motors, Steelcase fall; FedEx, Cerner rise 2021-12-17T05:00:00Z Frank Aaskov, policy director on energy at trade body UK Steel, said some British steelmakers had halted production temporarily in response to surging prices, but declined to give details. Britain's steelmakers scorched by white-hot power prices 2022-04-22T04:00:00Z The logo of German steelmaker ThyssenKrupp AG is seen on an escalator at Frankfurt's main railways station in Frankfurt, Germany, January 23, 2020. Cevian places 6.9% stake in Thyssenkrupp - IFR 2021-11-23T05:00:00Z To succeed, the gas grids need to be able to direct hydrogen blended with natural gas to the customers who can use it – like steelmakers, chemical companies and refineries. Europe's gas firms prime pipelines for hydrogen highway 2021-11-18T05:00:00Z "Overall this is a strong deal for American steelmakers. It shows that we should not take a one-size-fits-all approach when it comes to our jobs, environment and economic growth," Bell added. U.S., Japan reach deal to cut tariffs on Japanese steel, fight excess output 2022-02-08T05:00:00Z He found four steelmakers to be faking data to get around air-pollution curbs. A novel way to reduce emissions? China tries confiscating coal from households. 2021-11-03T04:00:00Z But the agreement does not cover exports from the UK, putting British steelmakers at a disadvantage. UK steel makers 'left behind' as US ends trade war 2021-10-31T04:00:00Z A range of options are available to steelmakers, including using hydrogen, electric furnaces or carbon capture. Climate change: Tata Steel wants roadmap to make industry greener 2021-10-24T04:00:00Z A report from the Office of Congressional Ethics released late Thursday detailed the April 2020 purchase of stock in an Ohio steelmaker. Pa. Rep. Kelly faces ethics scrutiny over stock purchase 2021-10-22T04:00:00Z Japan's steelmakers are focused on advanced niche markets, such as specialised automobile components, where they have so far had an edge against bigger Chinese rivals. Explainer: Why is Toyota being sued by supplier Nippon Steel? 2021-10-20T04:00:00Z The steelmakers were fined, and some of the employees prosecuted. A novel way to reduce emissions? China tries confiscating coal from households. 2021-11-03T04:00:00Z Also named in the lawsuit is Baoshan Iron & Steel Co., or Baosteel, a Chinese steelmaker that produces and supplies the steel that allegedly violates the patent. Nippon Steel sues Japan business partner Toyota over patent 2021-10-14T04:00:00Z The signatories included chemicals giant Bayer, steelmaker ThyssenKrupp and sportswear firm Puma. German companies urge next government to step up on climate 2021-10-10T04:00:00Z A prolonged slump would send shock waves through the global construction supply chain that spans iron ore mines supplying Chinese steelmakers to equipment manufacturers selling cranes and diggers. China’s ‘controlled demolition’ plan for Evergrande marks the end of its housing boom 2021-09-28T04:00:00Z The Chinese steelmaker in that incident was also Baosteel, according to a person familiar with the matter. Explainer: Why is Toyota being sued by supplier Nippon Steel? 2021-10-20T04:00:00Z Labour would invest up to £3bn over the coming decade to green the steel industry, working with steelmakers, he will say. Labour conference: Tax private schools to help poorer children, says Starmer 2021-09-25T04:00:00Z Europe’s second-largest steelmaker, said hedging mechanisms it had in place against energy price increases, especially gas, meant it was not curbing production. Soaring gas prices ripple through heavy industry, supply chains 2021-09-22T04:00:00Z Bank of America Corp, steelmaker ArcelorMittal SA, Boston Consulting Group and the philanthropic arm of asset manager BlackRock Inc have also joined the program, Breakthrough Energy said on Monday. American Airlines, Microsoft join Gates-backed program to boost clean energy 2021-09-20T04:00:00Z Steel will spend about $3 billion to build a new mill, the latest sign that steelmakers are growing more comfortable that higher prices will last. Service Employees International Union challenges Trump-era rule on workers’ rights 2021-09-17T04:00:00Z Nippon Steel is more dependent on Toyota than the automaker is on the steelmaker, according to ratings agency Moody's. Explainer: Why is Toyota being sued by supplier Nippon Steel? 2021-10-20T04:00:00Z He will accuse the Conservatives failing to protect steelmakers from being undercut by cheap steel imports as well as spending tens of millions on imported steel to build schools and hospitals. Labour conference: Tax private schools to help poorer children, says Starmer 2021-09-25T04:00:00Z Gareth Stace, director of UK Steel, a trade body, said in a statement on Wednesday that “extortionate prices are forcing some U.K. steelmakers to suspend their operations” during periods when prices soar. A fire in a power cable from France sends British electricity prices soaring. 2021-09-15T04:00:00Z Steel, more than four years after one of the steelmaker’s Indiana plants discharged wastewater containing a potentially carcinogenic chemical into a Lake Michigan tributary. Judge OKs settlement with US Steel over 2017 Indiana spill 2021-09-02T04:00:00Z Its top steelmaker Baowu Group - also the world's biggest - said steel output cuts are now "a political issue with no room for bargaining". Analysis: Green-push dilemma: China's steel curbs could cripple price control efforts 2021-08-17T04:00:00Z But he didn’t want Nucor hit with a higher tax rate to help pay for the flood of public projects, even though the steelmaker already managed to pay no U.S. income taxes last year. Some big companies quietly complain about potential tax hikes, while preparing to profit from infrastructure deal 2021-07-21T04:00:00Z “Transition” risks, which occur from big shifts in society towards a greener economy, hit industries like energy and steelmakers. Explainer: Climate change and financial disclosure - what's at stake? 2021-06-24T04:00:00Z The project permits were stalled by the pandemic, a steelmaker in another state will be ready with a new plant sooner and U.S. US Steel ends plans to plow $1.5B into Pennsylvania plants 2021-04-30T04:00:00Z Nucor Corp, the largest U.S. steelmaker, last week reported the highest-ever first quarter profit in its history, citing strong demand and higher prices. Biden's EU trade dilemma: more pain for Harley, distillers or back off metals tariffs? 2021-04-29T04:00:00Z Chinese steelmakers are building plants in countries such as Vietnam, Indonesia and Malaysia, meaning the global steel glut will intensify. Even as supply lines strain, Biden is in no rush to scrap Trump’s steel tariffs 2021-04-17T04:00:00Z Greensill Capital’s bankruptcy threatens thousands of jobs at a British steelmaker the firm helped finance. UK cronyism watchdog queries civil servant’s dual job 2021-04-15T04:00:00Z Europe’s steelmakers are under pressure to cut carbon emissions while maintaining profitability in a market where there is fierce competition, mainly from China, while pollution permit costs are spiralling higher. ArcelorMittal looking for partners, subsidies for cleaner steelmaking in Germany 2021-03-26T04:00:00Z The UK's third-largest steelmaker is asking some customers to pay up front as it struggles with cash flow. Liberty Steel asks customers to pay up front 2021-03-24T04:00:00Z Liberty says it is the third largest steelmaker in the Britain, with nine sites employing about 3,000 people. UK unions to meet with Gupta's Liberty Steel after Greensill insolvency 2021-03-08T05:00:00Z Hoping to get ahead of main rivals Vestas and General Electric, Siemens Energy and Siemens Gamesa are targeting large industrial players, including steelmakers, refineries and chemical firms, as customers from the mid 2020s. Exclusive: Siemens Gamesa, Siemens Energy tap hydrogen boom in wind alliance 2021-01-13T05:00:00Z It was completed in March, combining the two Ohio-based companies and making Cliffs a steelmaker for the first time in its history, the Mesabi Tribune reported. 2020 has been transformational year for Iron Range mining 2020-11-09T05:00:00Z It’s an area where residential yards, baseball fields and playgrounds are already contaminated with heavy metals and toxic chemicals from other companies, including steelmakers that left decades ago. US housing officials investigate General Iron’s Chicago move 2020-10-24T04:00:00Z Marshall worked for a glass company, a rail car manufacturer, a steelmaker and a paper mill, each offering pension plans. How Donald Trump threatens the retirement of every American worker 2020-10-23T04:00:00Z Recent decades have brought industrial losses, including the 2003 dissolution of Bethlehem Steel, once the world’s largest steelmaker. In 2016, Trump won these Rust Belt counties on the economy. In 2020, he might lose them over coronavirus 2020-10-19T04:00:00Z Lighthizer fought ferociously before the International Trade Commission, once arguing that suffering anything more than a "spiritual injury" at the hands of foreign steelmakers should entitle his clients to protection. Robert Lighthizer just blew up 60 years of trade policy. Nobody knows what happens ne 2020-10-18T04:00:00Z In Michigan, steelmakers have served layoff notices to nearly 2,000 workers since the tariff took effect, according to a Reuters analysis of the notices steel companies filed with the state. Trump steel tariffs bring job losses to swing state Michigan 2020-10-09T04:00:00Z Clean energy must be abundant and affordable, necessary infrastructure and finance must be in place and policymakers should accelerate the transition to a circular economy, the steelmaker said. ArcelorMittal commits to becoming carbon neutral by 2050 2020-09-30T04:00:00Z Born into a wealthy family of steelmakers, in the small Styrian town of Mürzzuschlag, she was, on her own account, a difficult and rebellious child, intelligent if not intellectual. On the trail of a Nazi war criminal: 'It's my duty as a son to find the good in my father' 2020-04-18T04:00:00Z In responses reviewed by Reuters, groups including cement industry association CEMBUREAU, EUROFER, which represents steelmakers, and Aluminium Europe said the carbon border tax must complement, not replace, these free carbon credits. Investors caution cement, steel firms on EU climate lobbying 2020-04-09T04:00:00Z As more U.S. states moved to impose stay-at-home orders on Tuesday, industries from steelmakers to auto dealerships scrambled for exemptions that would allow them to remain open. Shutdowns stoke debate over what's an 'essential industry' 2020-03-24T04:00:00Z British Steel employed about 5,000 people at the time of its collapse, and is the second-largest steelmaker in the country. British Steel takeover set to be completed 2020-03-08T05:00:00Z European steelmakers, meanwhile, are experimenting with renewable hydrogen as a substitute fuel for coal in their furnaces. Solar and Wind Power Could Ignite a Hydrogen Energy Comeback 2020-02-20T05:00:00Z In 2018, South Korea agreed to limit its steel exports to the United States to 70 percent of their previous volume — good news for U.S. steelmakers but a costly change for South Korea’s American customers. Trump signs partial economic deal with China, calls trade pact a ‘momentous step’ 2020-01-15T05:00:00Z The steelmaker was required to do daily testing after a spill of cyanide and ammonia led to a fish kill and prompted closures of beaches along Lake Michigan. Indiana steelmaker denies manipulating test data after spill 2020-01-12T05:00:00Z The 21-story former world headquarters of defunct steelmaker Bethlehem Steel was demolished. Clergy abuse fallout among top Pennsylvania stories of 2019 2019-12-25T05:00:00Z Across Europe, steelmakers are testing ways to reduce carbon emissions as financial analysts say it is becoming essential to eliminate fossil fuel and clean up supply chains to attract investors. ArcelorMittal aims for 30% cut in emissions in Europe by 2030 2019-12-13T05:00:00Z In a statement, the body, known as Instituto Aco Brasil, said the decision ultimately hurts U.S. steelmakers who are dependent on Brazilian steel components for their operations. Brazil steel industry body 'perplexed' by Trump tariff move 2019-12-02T05:00:00Z Last week, Chinese firm Jingye agreed to invest £1.2bn in British Steel as it signed a deal to rescue the UK steelmaker. Tata Steel to cut 3,000 jobs in 'severe' market 2019-11-18T05:00:00Z The French-Italian steelmaker this week balked at continuing to operate the Taranto steel plant when the Italian government removed immunity from prosecution in case of environmental damage. Italy presses steelmaker to agree deal on plant, save jobs 2019-11-07T05:00:00Z The French-Italian steelmaker this week balked at continuing to operate the Taranto steel plant when the Italian government removed immunity from prosecution in case of environmental damage. Italy presses steelmaker to agree deal on plant, save jobs 2019-11-07T05:00:00Z After enjoying a brief tariff-induced sugar high last year, American steelmakers are reeling. Why Trump tariffs haven’t revitalized American steelmakers 2019-11-04T05:00:00Z Before becoming Trump’s top trade negotiator, Robert Lighthizer represented American steelmakers in private law practice. Trump's steel tariffs were supposed to save the industry. They made things worse 2019-10-29T04:00:00Z The department says the steelmaker committed seven permit violations and that fines are being determined. Indiana agency: Steelmaker too slow to act on chemical spill 2019-10-25T04:00:00Z Otherwise, he said, European steelmakers would be unable to compete and carbon emissions would be shifted to parts of the world where production is cheaper, a phenomenon known as carbon leakage. Incoming top EU climate official pledges to tax polluting imports 2019-10-08T04:00:00Z Until then, Nippon Steel plans to produce substitutes at plants elsewhere as well as ask other Japanese steelmakers to provide substitute material to reduce disruption to supply for customers, including automakers, the spokesman said. Nippon Steel's damaged Kimitsu plant to be shut until end-December 2019-10-03T04:00:00Z The impulse to protect steelmakers was in some ways odd. Why Trump tariffs haven’t revitalized American steelmakers 2019-11-04T05:00:00Z Earlier this month, Nippon Steel, Japan’s top steelmaker, reported a 33% drop in business profit for the April to June quarter and predicted a 56% plunge in profit for the year through March 2020. Nippon Steel to cut capex spending as U.S.-China trade war crimps... 2019-08-30T04:00:00Z It’s good major Region steelmaker ArcelorMittal took full responsibility for what it deemed a chemical spill last week. Recent editorials published in Indiana newspapers 2019-08-27T04:00:00Z In Indiana, some labor unions such as the Alliance for American Manufacturing, which represents steelmakers, cheered when the president imposed tariffs to curb the dumping of Chinese steel into foreign markets. Democrats struggle to present a united front on Trump’s trade war 2019-08-07T04:00:00Z On May 22nd, British Steel, which is the United Kingdom’s second-largest steelmaker, went into liquidation. The Death of British Steel and the Myth of the Good Brexit 2019-07-10T04:00:00Z With the stronger steelmakers aggressively boosting capacity to grab market share, a dip in demand has left older, more costly blast furnaces at U.S. The Trump tariff twist that’s cost U.S. Steel $5.5 billion 2019-07-08T04:00:00Z The world’s third-biggest steelmaker said at the time that it would reduce planned capital expenditure and sell assets worth 200 billion yen in light of the slumping earnings and to maintain financial health. Nippon Steel to cut capex spending as U.S.-China trade war crimps... 2019-08-30T04:00:00Z Commerce Department granted DS Containers an exemption from the import tax because it uses a raw material, plastic-laminated steel, that isn’t produced by U.S. steelmakers. Why one U.S. can-maker avoids Trump's tariffs while rivals pay up 2019-06-14T04:00:00Z The ship soon became a workhorse for Foremost, hauling raw materials to China from around the world under a seven-year charter with a subsidiary of a state-owned steelmaker. Chao a ‘bridge’ to China and her family’s business, in the Trump Cabinet 2019-06-02T04:00:00Z The world’s largest steelmaker announced further cuts to production at several plants in Europe due to weak demand and high imports. Capri, Abercrombie tumble; Marvell Technology rises 2019-05-29T04:00:00Z British Steel was forced into liquidation on Wednesday, although Britain’s second largest steelmaker will continue to trade and supply its customers. French government: Ascoval rescue deal not impacted by British... 2019-05-22T04:00:00Z The list included a special steel producing unit of Baosteel, China’s biggest steelmaker. China calls out big state firms, others on pollution violations... 2019-05-21T04:00:00Z Executives from the can makers counter that domestic steelmakers can’t produce nearly enough tinplate to meet their needs - forcing them to keep importing and paying tariffs. Why one U.S. can-maker avoids Trump's tariffs while rivals pay up 2019-06-14T04:00:00Z For example, she was appointed in 2009 to an advisory group in Wuhan, where the steelmaker with the Foremost charter is based. Chao a ‘bridge’ to China and her family’s business, in the Trump Cabinet 2019-06-02T04:00:00Z Trump wanted to keep protecting domestic steelmakers and help factory workers who are among his strongest supporters, and he saw the tariffs as leverage for getting better deals from trading partners. Trump to lift steel tariffs on Canada and Mexico, boosting chances for trade accord 2019-05-17T04:00:00Z The steelmaker was enormously profitable at the time, and the building’s opulence is what you’d expect to see at the headquarters of a major corporation, he said. Downfall: Defunct steelmaker’s global HQ to be imploded 2019-05-15T04:00:00Z The tariffs were imposed last year in response to a flood of Chinese steel that depressed global prices and dented the fortunes of American steelmakers. Trump’s North American trade deal at risk of stalling in Congress 2019-03-29T04:00:00Z But this week they had fallen back to about $578 a ton, about where they were in October 2017 - but with increased market share and capacity utilization for domestic steelmakers. Why one U.S. can-maker avoids Trump's tariffs while rivals pay up 2019-06-14T04:00:00Z Large U.S. steelmakers have benefited since the Trump administration began imposing tariffs on imported steel last year, largely because they were able to raise domestic steel prices. Steel producer Nucor to build $1.3B mill in rural Kentucky 2019-03-27T04:00:00Z That accounts for more than 25 percent of last year’s national total in China, the world’s biggest steelmaker. China's Hebei to cut steel capacity in 2019-2020 to improve air... 2019-03-06T05:00:00Z That country’s coking coal is of poor quality, so Indian steelmakers look to foreign sources. West Virginia editorial roundup 2019-02-20T05:00:00Z Swansea, Sheffield and Warwick universities will work with steelmakers on the seven-year Sustain programme. £35m research for 'green, clean' steel 2019-02-11T05:00:00Z In seeking a tariff exemption, Ball Metalpack argued that domestic steelmakers can produce only about half the tinplate needed for aerosol, food and paint cans in the United States. Why one U.S. can-maker avoids Trump's tariffs while rivals pay up 2019-06-14T04:00:00Z The steelmaker reported a surge in fourth-quarter profit and the results topped Wall Street forecasts. Corning, Xerox gain ground, Harley-Davidson sinks 2019-01-29T05:00:00Z Inaction would devastate steelmakers grappling with falling prices, while quota-based tariffs risk raising costs for vital sectors like the automotive industry. Europe Restricts Steel Imports to Counter U.S. Trade Policies 2019-01-16T05:00:00Z And even at 1,000 miles long, the steel-slatted border wall would still be too small to be a boon for U.S. steelmakers. Build the wall? It could take at least 10 years, even with 10,000 workers 2019-01-09T05:00:00Z In response, the steelmaker pledged to build a 2 billion yuan slag treatment plant. With steel waste in crosshairs, China extends its war on pollution 2018-12-10T05:00:00Z Tinplate products that do draw objections would only get tariffs waived if the department determines the product is not “reasonably available” in a “satisfactory quality” from domestic steelmakers. Why one U.S. can-maker avoids Trump's tariffs while rivals pay up 2019-06-14T04:00:00Z Likewise, it infuriated some supporters by letting steel giant ArcelorMittal buy Italy’s troubled Ilva steelmaker rather than follow through on promises to shut down the firm’s heavily polluting Puglia furnaces. Italy's 5-Star struggles to keep up with soaring Salvini 2018-11-22T05:00:00Z Japanese steelmakers are enjoying solid domestic demand from automakers and machinery manufacturers as well as the construction sector, which is busy with projects for the 2020 Tokyo Olympics. Nippon Steel braces for weaker prices amid fears over China slowdown 2018-11-20T05:00:00Z Last year, his administration slapped tariffs on steel imported into the United States, ostensibly to help domestic steelmakers. Build the wall? It could take at least 10 years, even with 10,000 workers 2019-01-09T05:00:00Z Last month, the environment ministry accused mid-sized steelmaker Gaoyi Iron and Steel Co of illegally dumping large amounts of steel slag over a decade. With steel waste in crosshairs, China extends its war on pollution 2018-12-10T05:00:00Z Firms that use standard tin-plated steel, including Ball Metalpack and Mauser Packaging Solutions, have seen their exemption applications denied or delayed by Commerce after U.S. steelmakers objected to them, arguing the material is available domestically. Why one U.S. can-maker avoids Trump's tariffs while rivals pay up 2019-06-14T04:00:00Z Sources involved in broking and looking at providing liquidity for the new contracts say they are talking to leading steelmakers about using the new contracts. European automakers BMW, Volvo to trial new LME steel contracts 2018-11-06T05:00:00Z The deal with ArcelorMittal, the world’s largest steelmaker, comes less than a month after the union reached a similar agreement with workers from U.S. United Steelworkers, ArcelorMittal Reach Labor Pact 2018-11-02T04:00:00Z For more than 30 years after that, he was a partner at the law firm Skadden Arps, where he represented U.S. steelmakers against China. Trump threats, demands spark 'existential crisis' at WTO 2018-10-24T04:00:00Z The Pittsburgh-based steelmaker said the exclusion of these products would likely cause “disproportionate harm to other U.S. commercial interests.” U.S. Steelmakers, Early Champions of Tariffs, Shift Focus to Making Them Go Away 2018-10-22T04:00:00Z The city, located in northern Hebei province, issued the statement hours after Reuters reported on Thursday that steelmakers in Tangshan were ramping up output in the absence of precise orders on output curbs. China's top steel city outlines winter output cuts, seen more... 2018-10-19T04:00:00Z Commerce Secretary Wilbur Ross called steelmakers to share the profits from high steel prices with their workers. Exclusive: U.S. Steel workers set to get biggest pay raise in years... 2018-10-16T04:00:00Z Workers at the two largest U.S. steelmakers have been demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years. United Steelworkers, ArcelorMittal Reach Labor Pact 2018-11-02T04:00:00Z ArcelorMittal, the nation’s largest steelmaker, reported its highest quarterly profit in seven years after the tariffs were announced, while U.S. Looming steelworker strike could impact midterm elections 2018-10-15T04:00:00Z Nor has it escaped notice that many of the denials appear to be prompted by objections from steelmakers - an industry with close ties to the administration. The manufacturers fighting Trump's tariffs 2018-10-10T04:00:00Z THE FACTS: Trump has certainly helped steelmakers, but so far it's not the dramatic turnaround that he portrays. AP FACT CHECK: Trump's errant claims on Kavanaugh, economy 2018-09-22T04:00:00Z THE FACTS: Trump has certainly helped steelmakers, but so far it’s not the dramatic turnaround that he portrays. AP FACT CHECK: Trump’s errant claims on Kavanaugh, economy 2018-09-22T04:00:00Z Workers at two of the biggest U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years. Steel Workers Demand Higher Pay Raises as Tariffs Lift Profits 2018-09-11T04:00:00Z From trying to revive steelmakers with tariffs to vetoing Chinese technology investments, he is using the federal government to direct which industries prosper and which don’t. Trump’s Emerging Economic Policy: Picking Winners and Losers 2018-07-20T04:00:00Z Mr Huether says he's not optimistic about winning waivers, especially since the department denied some already after objections from steelmakers. The manufacturers fighting Trump's tariffs 2018-10-10T04:00:00Z Kobe Steel, which is Japan's third-largest steelmaker, first admitted to the wrongdoing last year. Kobe Steel indicted over quality scandal 2018-07-19T04:00:00Z Trump’s tariffs on imported steel are helping Nucor and others keep their prices high: a boon for steelmakers but a major concern for steel consumers like Tennsco. A Company Owner Asks His Customers for Understanding—and Help—After Raising Prices in the Wake of Trump’s Steel Tariffs 2018-07-19T04:00:00Z ArcelorMittal, the world’s largest steelmaker, agreed last year to buy it and fix the problems. Italy wants 'much better' proposal from ArcelorMittal on Ilva 2018-07-09T04:00:00Z Tangshan is home to 64 steelmakers in China’s northern province Hebei, producing 91.2 million tonnes of crude steel in 2017, or 11 percent of the country’s total output. Top Chinese steelmaking city to halve mills by 2020: government source 2018-07-02T04:00:00Z Bahrain Steel, which produces iron ore pellets for steelmakers, said the London-based miner declared force majeure in April on the contract, which locks in a 20-year supply of 13 million tonnes of iron ore annually. Exclusive: Bahrain Steel says Anglo declared force majeure on... 2018-06-27T04:00:00Z Bernobich said in an interview that he has tried to place orders with Nucor but that the steelmaker sometimes takes weeks to return his calls. Companies can escape Trump’s steel tariffs. But it won’t be easy. 2018-06-19T04:00:00Z The global tariffs Washington kicked off in March were mainly aimed at curbing Chinese steel imports, which U.S. steelmakers also believe are being routed through other countries before landing in the United States. Out of Asia: China steel exporters chase new buyers in Africa,... 2018-06-06T04:00:00Z By owning production abroad, Chinese steelmakers aim to gain largely unfettered access to global markets. How China Skirts America’s Antidumping Tariffs on Steel 2018-06-04T04:00:00Z He says steel tariffs will protect US steelmakers, which he says are vital to national security. Stark China warning to US over trade 2018-06-03T04:00:00Z He says the tariffs will protect US steelmakers, which he says are vital to national security. G7 ministers criticise US tariffs 2018-06-02T04:00:00Z That flood of steel has depressed prices, making it difficult for many American steelmakers to compete. Trump imposes steel and aluminum tariffs on the E.U., Canada and Mexico 2018-05-31T04:00:00Z That created a daunting task for South Korean steelmakers, the third-largest supplier to the U.S., which filled their annual quota in nine out of 54 categories in the first four months of 2018. Trump Is Targeting 10% Cut in EU Steel, Aluminum Exports to U.S. 2018-05-22T04:00:00Z Even though the new U.S. tariffs apply to Chinese steelmakers that moved production abroad, the moves are still paying off. How China Skirts America’s Antidumping Tariffs on Steel 2018-06-04T04:00:00Z President Donald Trump imposed a 25% tariff on imported steel in March, saying a flood of imports threatened U.S. national security by undermining American steelmakers. Japan Weighs Retaliation Against U.S. Over Steel Tariffs 2018-05-17T04:00:00Z A government official in Seoul said South Korean steelmakers were in talks on how to apply the U.S. export quota to individual firms. U.S. Allies Relieved by Tariff Delay but Concerns Linger Over Trump’s Next Move 2018-05-01T04:00:00Z U.S. steelmakers say fears of supply shortages are unfounded, but there's widespread uncertainty and confusion about what lies ahead. As steel tariffs squeeze U.S. businesses, uncertainty threatens economic growth 2018-04-29T04:00:00Z The steelmaker said problems at a facility in Michigan are hurting its business. Exxon Mobil and Charter skid while Amazon climbs 2018-04-27T04:00:00Z U.S. trade officials are zeroing in on Southeast Asian countries, including Thailand and Malaysia, as well, saying they are part of Chinese steelmakers’ efforts to evade trade restrictions. For Chinese Steel, the Road to the U.S. Goes Through Vietnam 2018-04-10T04:00:00Z The steelmaker last year sought Washington’s protection, complaining that state-subsidized Chinese mills are flooding global markets with low-priced steel, contributing to the loss of manufacturing jobs and the erosion of Nucor’s customer base. The winners in Trump’s trade war? This Indiana family. The losers? The same family. 2018-04-09T04:00:00Z Most domestic steelmakers roll nearly all the steel they produce into finished products. Why One Slice of the U.S. Steel Industry Welcomes Trump’s Tariff Exemptions 2018-03-27T04:00:00Z Kim said the deal would provide “predictability and stability” for South Korean steelmakers. South Korea agrees to open auto market in return for exemption from steel tariffs 2018-03-26T04:00:00Z But the city was already struggling amid increasing competition from Chinese steelmakers and the effects of a highly unusual 5.4-magnitude earthquake that struck in November. South Korea’s steel heartland frets about looming American tariffs 2018-03-19T04:00:00Z Steel companies including Nucor Corp. and United States Steel Corp. complained to the Commerce Department that Chinese steelmakers were skirting U.S. tariffs. For Chinese Steel, the Road to the U.S. Goes Through Vietnam 2018-04-10T04:00:00Z Santa and other pipeline-laying industry representatives said U.S. steelmakers have steadily turned to selling to more reliable buyers, like automakers. Analysis | The Energy 202: This is how pipeline companies will seek a pass on Trump tariffs 2018-03-12T04:00:00Z For Scheurich, the perplexing thing about Trump’s tariffs on imported steel is that, in the name of helping U.S. steelmakers, the president may be dooming some other American companies such as his. This Trump fan would like to ‘buy American.’ So why doesn’t he? 2018-03-12T04:00:00Z At the same time, Beijing is merging its biggest steelmakers into even bigger, more efficient competitors. China shrinks steel industry slowly, drawing Western ire 2018-03-12T04:00:00Z The nation's rapid industrial growth helped create a global glut that, American steelmakers attest, has driven down prices and hurt U.S. jobs. Trump wants to punish China on trade, but his latest tariffs strike Asian allies instead 2018-03-09T05:00:00Z The impact of the proposed U.S. tariffs on Chinese steelmakers is ultimately expected to be small, analysts say. China Slams Trump’s Tariffs as Allies Hold Out Hope for Talks 2018-03-09T05:00:00Z Naming a CEO and president from a business segment other than Kobe Steel’s mainstay steel business or its general affairs division is rare for Japan’s third-biggest steelmaker, which is seeking to change its corporate culture. Japan's Kobe Steel names Yamaguchi as president after data fraud 2018-03-09T05:00:00Z Its industrial expansion created massive overcapacity in the steel sector and surging exports, which forced some producers to export to markets such as the United States, weighed on global steel prices, and hurt U.S. steelmakers. World steel markets unfazed by Trump's tariff threat 2018-03-08T05:00:00Z The steelmaker said it also plans to call 500 employees back to work at the Granite City mill. U.S. Steel to Restart Illinois Plant Operations Amid Trump’s Tariff Plans 2018-03-07T05:00:00Z And it isn’t just in comparison with Chinese steelmakers that America’s are struggling. Does American Steel Need More Protection? 2018-03-07T05:00:00Z As President Donald Trump prepares to impose a tax of 25 percent tax on imported steel, America’s steelmakers are actually faring pretty well: Profits are up. As Trump weighs tariff, US steelmakers enjoy rising profits 2018-03-06T05:00:00Z Naming a CEO and president from a business segment other than Kobe Steel’s mainstay steel business or its general affairs division is rare for Japan’s third-biggest steelmaker, which is seeking to change its corporate culture. Japan's Kobe Steel names Yamaguchi as president after data fraud 2018-03-09T05:00:00Z Ratings agency Moody’s said Russian steelmakers’ exposure to the United States was either insignificant in terms of exports, or stemmed from their ownership of production facilities in the country. World steel markets unfazed by Trump's tariff threat 2018-03-08T05:00:00Z Kobe Steel is Japan's third-largest steelmaker, and supplies manufacturers of cars, planes, trains and other products around the world. Kobe Steel chief quits after data scandal 2018-03-06T05:00:00Z One big disadvantage for U.S. steelmakers that still rely on blast furnaces—as opposed to scrap—is expensive domestic iron ore, often from their own mines. Does American Steel Need More Protection? 2018-03-07T05:00:00Z But Mr. Trump’s attempt to save U.S. producers from the Chinese glut risks aggravating the problem for European Union, steelmakers there fear. Trump’s Tariff Plan Strains Global Alliance Against China’s Flood of Metal Production 2018-03-04T05:00:00Z They also fear tariffs could have unintended consequences, eventually diverting business away from U.S. steelmakers and shifting manufacturing abroad. Trump Administration Beats Back Warnings on Tariffs 2018-03-05T05:00:00Z For Asian steelmakers, Moody’s said the tariffs “would be manageable because exports to the U.S. account for relatively small portions of their total steel production”. World steel markets unfazed by Trump's tariff threat 2018-03-08T05:00:00Z “The U.S. oil and natural gas industry, in particular, relies on specialty steel for many of its projects that most U.S. steelmakers don’t supply.” Trump vows to strike back at European leaders who warned of retaliation for his tariffs 2018-03-03T05:00:00Z As for Chinese steelmakers’ financing advantage, yes, they previously benefited from cheap state-bank loans—a chronic complaint of their foreign competitors. Does American Steel Need More Protection? 2018-03-07T05:00:00Z Steel is still around, as are a number of new or combined integrated steelmakers. Unpacking Trump’s tariffs on steel, aluminum imports — and the risk of a trade war 2018-03-02T05:00:00Z Freed of the need to compete with imports, U.S. steelmakers would likely raise their own prices. Q&A: How Trump’s tariffs could affect people and companies 2018-03-02T05:00:00Z Its industrial expansion created massive overcapacity in the steel sector and surging exports, which forced some producers to export to markets such as the United States, weighed on global steel prices, and hurt U.S. steelmakers. World steel markets unfazed by Trump's tariff threat 2018-03-08T05:00:00Z Through access to cheap capital and electricity, and a soaring domestic construction boom, China’s aluminum and steelmakers have grown sharply. Trump vows to strike back at European leaders who warned of retaliation for his tariffs 2018-03-03T05:00:00Z That is still lower than for some big U.S. steelmakers: AK Steel ’s interest costs were equivalent to nearly a third of its gross profit last year, for example. Does American Steel Need More Protection? 2018-03-07T05:00:00Z Some of the nation’s largest steelmakers, which sought the new tariffs, also are in good shape financially, with Nucor reporting a $1.1 billion profit last year. Trump finally gets his tariffs — and much of the world recoils 2018-03-01T05:00:00Z Asian steelmakers also fear U.S. tariffs could result in their domestic markets becoming flooded with steel products that have no where else to go. Asia steel exporters seek more info on U.S. tariffs amid trade war... 2018-03-01T05:00:00Z Ratings agency Moody’s said Russian steelmakers’ exposure to the United States was either insignificant in terms of exports, or stemmed from their ownership of production facilities in the country. World steel markets unfazed by Trump's tariff threat 2018-03-08T05:00:00Z China’s steelmakers have gone from producing 15 percent of the world’s crude steel in 2000 to producing 50 percent in 2016, according to the World Steel Association. Trump vows to strike back at European leaders who warned of retaliation for his tariffs 2018-03-03T05:00:00Z Comparable figures on steelmakers’ energy costs are difficult to obtain, but anecdotal evidence suggests China’s advantage may be narrowing. Does American Steel Need More Protection? 2018-03-07T05:00:00Z Shares of U.S. steelmakers surged on the tariff news. Stocks dive after Trump promises tariffs on steel 2018-03-01T05:00:00Z Asian steelmakers also fear U.S. tariffs could result in their domestic markets becoming flooded with steel products that have no where else to go. Asia steel exporters seek more info on U.S. tariffs amid trade war... 2018-03-01T05:00:00Z For Asian steelmakers, Moody’s said the tariffs “would be manageable because exports to the U.S. account for relatively small portions of their total steel production”. World steel markets unfazed by Trump's tariff threat 2018-03-08T05:00:00Z Some of the nation’s largest steelmakers, which sought the new tariffs, also are in good shape financially. Trump announces steel and aluminum tariffs Thursday over objections from advisers and Republicans 2018-02-28T05:00:00Z U.S. steelmaker stock prices jumped on the news after Trump vowed to rebuild American steel and aluminum industries at a meeting of U.S. industry officials at the White House. Stocks, U.S. dollar fall on fears Trump starting trade war 2018-02-28T05:00:00Z The steelmakers have pledged to increase investments in domestic mills if imports of cheap steel are curtailed. The Benefits, and Costs, of Higher Metal Tariffs 2018-02-17T05:00:00Z Happy times for steelmakers—and the iron miners feeding them—are here again. China’s Iron Ore Belt and Road Won’t Save Steel 2018-02-15T05:00:00Z Production this year at state-run Sidor, Venezuela’s largest steelmaker, is expected to reach barely 20 percent of its peak production, set a decade ago, he said. Crisis-wracked Venezuela turns for hope to broken factories 2018-01-02T05:00:00Z China, which is the world’s biggest steelmaker and produces almost half of all steel, says it is pursuing painful reforms to its industry and insists other producers should also cut capacity. China Inflames U.S. Ire in Steel Dispute 2017-11-30T05:00:00Z U.S. steelmaker stock prices jumped on the news after Trump vowed to rebuild American steel and aluminum industries at a meeting of U.S. industry officials at the White House. Stocks, U.S. dollar fall on fears Trump starting trade war 2018-02-28T05:00:00Z In September, Kobe Steel - Japan's third-largest steelmaker, admitted fabricating data on the quality of some products, possibly for more than a decade. Mitsubishi division in quality scandal 2017-11-23T05:00:00Z Japan’s third-biggest steelmaker said it would release the internal report, which includes countermeasures to prevent a recurrence, at 4:30 p.m. Kobe Steel to announce causes of data cheating, CEO to brief 2017-11-09T05:00:00Z An early critic of free trade, who profited from tariffs to protect US steelmakers, Ross has been deputised by Trump to fulfil the president’s populist campaign promise to overhaul international trade deals. Wilbur Ross business links with Putin family detailed in leaked files 2017-11-05T04:00:00Z Major banks are instructing their Kobe area branches to keep close watch on the credit management at companies that do business with the steelmaker, bankers say. Scandal-hit Kobe Steel has a 'look the other way' culture, they say in hometown 2017-11-04T04:00:00Z The Pittsburgh-based steelmaker beat analysts’ sales and profit expectations for the quarter. U.S. Steel’s Quarterly Profit Rises 2017-11-01T04:00:00Z Besides the construction for the Olympics and higher demand from auto manufacturers, Japanese steelmakers are also being boosted by a country-wide boom in hotel and shop building. Japan's steelmakers in rare sweet spot, but Kobe Steel may miss out 2017-11-01T04:00:00Z Japan’s third-biggest steelmaker said it would release the internal report, which includes countermeasures to prevent a recurrence, at 4:30 p.m. Kobe Steel to announce causes of data cheating, CEO to brief 2017-11-09T05:00:00Z The steelmaker said weak results from the automotive market hurt its business in the third quarter. Rockwell Automation and Mondelez jump; Under Armour plunges 2017-10-31T04:00:00Z Major banks are instructing their Kobe area branches to keep close watch on the credit management at companies that do business with the steelmaker, bankers say. Scandal-hit Kobe Steel has a 'look the other way' culture, they say in hometown 2017-11-04T04:00:00Z Japan's third-largest steelmaker supplies manufacturers of cars, planes, trains and other products around the world. Kobe Steel scraps profit forecast 2017-10-30T04:00:00Z Besides the construction for the Olympics and higher demand from auto manufacturers, Japanese steelmakers are also being boosted by a country-wide boom in hotel and shop building. Japan's steelmakers in rare sweet spot, but Kobe Steel may miss out 2017-11-01T04:00:00Z The steelmaker is due to report its first-half results on Oct. Japan's Kobe Steel considering withdrawing its full year earnings forecast: Kyodo 2017-10-23T04:00:00Z Japan’s No.3 steelmaker will hold a news conference on Friday afternoon to announce details of its misconduct, Nikkei said, without citing sources. Kobe Steel data fabrication continued after misconduct discovered: Nikkei 2017-10-20T04:00:00Z The recent misconduct also seems to be part of a pattern at the steelmaker. Kobe Steel shares hit near five-year lows as cheating scandal raises financial risks 2017-10-16T04:00:00Z Kawasaki told a press briefing on Friday the steelmaker plans to compensate customers for any costs arising from replacements. Kobe Steel shares tumble to near five-year low as cheating crisis deepens 2017-10-15T04:00:00Z US carmaker General Motors is the latest manufacturer to check whether its cars contain falsely certified parts or components sourced from the the firm, Japan’s third-biggest steelmaker. Kobe Steel chief admits scandal has hit trust as car checks spread 2017-10-12T04:00:00Z The steelmaker is due to report its first-half results on Oct. Japan's Kobe Steel considering withdrawing its full year earnings forecast: Kyodo 2017-10-23T04:00:00Z Japan’s No.3 steelmaker will hold a news conference on Friday afternoon to announce details of its misconduct, Nikkei said, without citing sources. Kobe Steel data fabrication continued after misconduct discovered: Nikkei 2017-10-20T04:00:00Z The recent misconduct also seems to be part of a pattern at the steelmaker. Kobe Steel shares hit near five-year lows as cheating scandal raises financial risks 2017-10-16T04:00:00Z Kawasaki told a press briefing on Friday the steelmaker plans to compensate customers for any costs arising from replacements. Kobe Steel shares tumble to near five-year low as cheating crisis deepens 2017-10-15T04:00:00Z One of the country's largest steelmakers, Kobe Steel, plunged again, with shares tumbling 36% in two days in the wake of a scandal over the fabrication of data concerning the quality of its products. Tokyo stock market hits 21-year high 2017-10-11T04:00:00Z It quoted a senior environmental official threatening to prosecute the firm’s executives if they do not bring the steelmaker in line with environmental rules. Steelmaker Hebei Jingye warned after environmental violations: China Daily 2017-09-28T04:00:00Z Rather, the steelmaker is closing the facility’s rolling mill. ArcelorMittal closing part of Pennsylvania plant; 150 jobs 2017-09-27T04:00:00Z Maybe that is because state banks are being asked to convert loans they made to the steelmakers into their now inflated stocks. China’s Banks Don’t Share Investors’ Enthusiasm for Steel 2017-09-24T04:00:00Z He said that domestic steel producers' capacity utilization rate was hovering around 75 percent, as steelmakers from South Korea to Turkey target U.S. demand to soak up their excess output. Exclusive: U.S. steel executives appeal directly to Trump for import restrictions 2017-08-24T04:00:00Z He said that domestic steel producers' capacity utilization rate is hovering around 75 percent, as steelmakers from South Korea to Turkey target U.S. demand to soak up their excess output. Exclusive: U.S. steel executives appeal directly to Trump for import restrictions 2017-08-24T04:00:00Z It quoted a senior environmental official threatening to prosecute the firm’s executives if they do not bring the steelmaker in line with environmental rules. Steelmaker Hebei Jingye warned after environmental violations: China Daily 2017-09-28T04:00:00Z In late July, President Trump said the administration was still intending to help U.S. steelmakers. Trump’s plan to help blue-collar workers would be a disaster for the black working class of New Orleans 2017-08-18T04:00:00Z The banks agreed to the swaps beginning in 2016—when steelmakers were gasping for air and... China’s Banks Don’t Share Investors’ Enthusiasm for Steel 2017-09-24T04:00:00Z He said that domestic steel producers' capacity utilization rate was hovering around 75 percent, as steelmakers from South Korea to Turkey target U.S. demand to soak up their excess output. Exclusive: U.S. steel executives appeal directly to Trump for import restrictions 2017-08-24T04:00:00Z He said that domestic steel producers' capacity utilization rate is hovering around 75 percent, as steelmakers from South Korea to Turkey target U.S. demand to soak up their excess output. Exclusive: U.S. steel executives appeal directly to Trump for import restrictions 2017-08-24T04:00:00Z These tariffs were controversial both at home and abroad because, even as they helped steelmakers, they squeezed steel users, such as the auto industry. Why Trump’s threat to slap tariffs on foreign steel is a bad idea 2017-08-01T04:00:00Z But the administration has vowed to protect steelmakers and other U.S. manufacturers by penalizing "unfair" imports. Prospect of Trump tariff casts pall over U.S. solar industry 2017-07-25T04:00:00Z That hurts U.S. steelmakers by reducing prices, he told reporters. Trump might impose tariffs and quotas on foreign steel 2017-07-13T04:00:00Z Trade Rep. Robert Lighthizer represented U.S. steelmakers as a Washington trade attorney. Trump misses deadline without steel tariffs decision 2017-07-10T04:00:00Z This slashes the international price, which, in turn, bankrupts steelmakers in the United States, Canada, Great Britain, Spain and elsewhere. Making our own steel is key to American freedom 2017-06-17T04:00:00Z China's biggest steelmaker, Baoshan Iron & Steel, for instance, cut its main steel product prices for May and June after a long series of increases. China Factory Activity Gets Boost From Steel and Construction 2017-05-31T04:00:00Z But the administration has vowed to protect steelmakers and other U.S. manufacturers by penalizing "unfair" imports. Prospect of Trump tariff casts pall over U.S. solar industry 2017-07-25T04:00:00Z Reducing imports will not alter the weak competitiveness of U.S. steelmakers, help restore U.S. manufacturing or bring back jobs, as President Trump hopes, it said. Trump resorting to unilateralism with steel probe: China Daily 2017-04-24T04:00:00Z The news caused shares in US steelmakers to rise sharply. Trump launches investigation into steel dumping - BBC News 2017-04-21T04:00:00Z President Donald Trump moved on Thursday against China and other exporters of cheap steel into the U.S. market, launching a federal investigation to determine whether foreign-made steel threatens U.S. steelmakers and national security. Trump launches trade probe targeting foreign steel 2017-04-20T04:00:00Z Sigmar Gabriel said in a statement Friday that the U.S. calculations contradicted World Trade Organization rules and were intended to protect U.S. steelmakers “by putting the better German steel industry at a disadvantage.” Germany: EU should consider trade complaint in US steel spat 2017-03-31T04:00:00Z Add to that the fact that few American steelmakers make the type of steel required for the pipeline…. The Daily 202: DNC chair candidates say Clinton lost because she talked too much about Trump 2017-02-13T05:00:00Z The duties follow numerous complaints in recent years from European steelmakers alleging that their Chinese competitors export steel... EU Slaps New Tariffs on China, Taiwan Steel Imports 2017-01-27T05:00:00Z However, Asian steelmakers also climbed as investors appeared to shrug off the news. Trump launches investigation into steel dumping - BBC News 2017-04-21T04:00:00Z And steelmakers and analysts say TransCanada’s stringent raw materials requirements may disqualify most U.S.-based manufacturers. Keystone XL pipeline: A 'Canada First' energy plan? 2017-01-26T05:00:00Z Up the road is a sprawling factory owned by the Shougang Group, one of China’s largest steelmakers — and polluters. China's poorest, trying to stay warm, add greatly to smog 2017-01-08T05:00:00Z The steelmaker said it will raise stainless steel prices starting on Jan. 1. Prologis and Western Digital climb; Pfizer skids 2016-12-07T05:00:00Z But this was put on hold as the company considered a European tie-up with German steelmaker ThyssenKrupp. Tata Steel: Unions to discuss deal to keep Port Talbot open - BBC News 2016-12-07T05:00:00Z The water infrastructure bill would require government projects to use American-made steel, a provision that is a major boon for steelmakers who have hemorrhaged production to China and Turkey. Democrats Move to Divide Trump From GOP on Coal and Steel 2016-12-06T05:00:00Z The Journal reported Monday that the Commerce Department, following complaints from U.S. steelmakers, has launched new investigations into whether Chinese steelmakers are shipping metal to the U.S. via Vietnam to evade U.S. import tariffs. U.S. Commerce Department Issues Preliminary Ruling on Aluminum Dumping Investigation 2016-11-08T05:00:00Z The Commerce Department on Monday launched two new investigations into whether Chinese steelmakers are shipping metal to the U.S. via Vietnam to evade U.S. import tariffs. ArcelorMittal Swings to Profit, Warns on Costs, Slack U.S. Demand 2016-11-08T05:00:00Z Earlier this year, the U.S. imposed new tariffs, as high as 266%, on Chinese steel, a move that allowed U.S.-based steelmakers to charge more. Commerce Department Launches Probes Into Chinese Steelmakers 2016-11-07T05:00:00Z A letter written to Commerce by lawyers for some U.S.-based steelmakers says that coating the steel involves “relatively small investment, adds relatively little value, and adds no components or mass whatever.” U.S. to Launch New Chinese Steel Probe 2016-11-06T04:00:00Z Mr DiMicco, a former CEO of Nucor, a big steelmaker, says: “The era of trade deficits is over,” predicting that the threat of tariffs can be used to achieve balanced trade. World-shaking 2016-11-03T04:00:00Z The Pittsburgh steelmaker announced the agreement Tuesday, but it still requires a nod from regulators. United States Steel to sell US Steel Canada to Bedrock 2016-11-02T04:00:00Z And it is not just the steelmakers who will be pleased. Steel trap 2016-10-27T04:00:00Z The Commerce Department on Monday launched two new investigations into whether Chinese steelmakers are shipping metal to the U.S. via Vietnam to evade U.S. import tariffs. Commerce Department Launches Probes Into Chinese Steelmakers 2016-11-07T05:00:00Z Under pressure from American steelmakers, the U.S. in the past year has imposed tariffs as high as 266% on at least four new categories of steel from China. U.S. to Launch New Chinese Steel Probe 2016-11-06T04:00:00Z While Europeans are worried about their cheese and ham, Americans want to hang on to protections for their iron and steelmakers. EU and US trade negotiators seek to get TTIP talks back on track 2016-09-30T04:00:00Z Despite promises to curb output, Chinese steelmakers appear to be increasing output. Steelmakers in U.S. to File Complaints Over Alleged Tariff Evasion by Chinese Competitors 2016-09-22T04:00:00Z BEIJING—China’s leaders are forging what might soon be the world’s largest steelmaker, sticking to their conviction that big is good and gigantic is better for state-owned companies. China State Steel Merger Taps Old Theme: Bigger Is Better 2016-09-21T04:00:00Z With more steel from Vietnam starting to flood into U.S. ports after the tariffs were erected against Chinese steel, steelmakers including Steel Corp., Commerce Department Launches Probes Into Chinese Steelmakers 2016-11-07T05:00:00Z That initially allowed U.S.-based steelmakers to charge more for their steel, so they grew concerned when steel from Vietnam started flooding into U.S. ports. U.S. to Launch New Chinese Steel Probe 2016-11-06T04:00:00Z U.S. steelmakers are struggling, and Alcoa Inc., AA 0.85 % the U.S.’s biggest aluminum producer, is preparing to split in two after its raw aluminum business suffered under pressure from less-expensive imports. New Jersey Factory Linked to Chinese Aluminum Probe 2016-09-15T04:00:00Z Independent trade data appear to lend credence to the steelmaker claims. Steelmakers in U.S. to File Complaints Over Alleged Tariff Evasion by Chinese Competitors 2016-09-22T04:00:00Z In the latest effort, China’s two largest steelmakers, Baosteel Group Corp. and Wuhan Iron & Steel Group Co., or Wisco, confirmed on Tuesday their plans to merge. China State Steel Merger Taps Old Theme: Bigger Is Better 2016-09-21T04:00:00Z They allege Chinese steelmakers have built up networks of processing companies in Vietnam that are in effect their subsidiaries. Commerce Department Launches Probes Into Chinese Steelmakers 2016-11-07T05:00:00Z And in September, four of the steelmakers— U.S. U.S. to Launch New Chinese Steel Probe 2016-11-06T04:00:00Z The steelmaker forecast a smaller profit than investors expected for the third quarter. Con Edison and Vitae rise, Ford and Marathon Oil skid 2016-09-14T04:00:00Z Mr. Juncker, who oversees the European Union’s executive arm, which also acts as the bloc’s competition authority, reiterated that the body opened a series of antidumping probes into Chinese steelmakers. China Faces New Pressure From EU to Curb Steel Overproduction 2016-09-04T04:00:00Z To be sure, steelmakers face some legitimate trade issues. The (largely false) globalization narrative 2016-08-07T04:00:00Z ArcelorMittal, the world’s biggest steelmaker, on Friday reported its best quarter in five years as steel markets in the U.S. and Europe improved thanks to new protective import tariffs, stronger demand and shrinking inventories. ArcelorMittal Earnings Beat Expectations 2016-07-29T04:00:00Z Independent trade data supports what the steelmakers are alleging. U.S. to Launch New Chinese Steel Probe 2016-11-06T04:00:00Z Nucor is the second American steelmaker this week to report a strong quarter. Nucor Profit Soars on Lower Costs, Improving Steel Prices 2016-07-21T04:00:00Z J & L, as the steelmaker was known, is gone; it’s highly improbable this area will ever see its like again. Donald Trump, working-class hero 2016-07-20T04:00:00Z The European Commission has sought to protect EU steelmakers by imposing trade tariffs on inexpensive steel imports, but not quickly or pervasively enough to stave off the damaging effects from the influx. Germany’s ThyssenKrupp Confirms Talks With Tata Steel Over Possible Merger 2016-07-11T04:00:00Z The biggest challenge ArcelorMittal and other steelmakers in the U.S. and Europe face is competition from China, which has pressured the market by ramping up production and exports. ArcelorMittal Earnings Beat Expectations 2016-07-29T04:00:00Z The Federal Cartel Office provided no details about potential damages to steelmakers from the alleged price fixing. German Watchdog Searches Offices of Car Makers, Auto Suppliers in Steel Price Fixing Probe 2016-07-05T04:00:00Z Japan's largest steelmaker is looking to annul the appointment of Leite, arguing it was made without the required consent of its members on the Usiminas board. Nippon Steel looks to break up Usiminas after CEO appointment 2016-05-31T04:00:00Z PITTSBURGH—New tariffs on imports are boosting steel prices in the U.S., offering a lifeline to beleaguered American steelmakers but raising costs for manufacturers of goods ranging from oil pipes to factory equipment to cars. U.S. Steel Tariffs Create a Double-Edged Sword 2016-06-01T04:00:00Z The iconic Pittsburgh-based steelmaker alleged the hackers stole research data on production techniques for a new generation of lightweight, high-strength steel now favored by automakers. U.S. panel launches trade secret theft probe into China steel 2016-05-26T04:00:00Z Other steelmakers in the U.S. are also doing better. ArcelorMittal Earnings Beat Expectations 2016-07-29T04:00:00Z A separate filing by major US steelmakers to the International Trade Commission is looking to completely ban all Chinese steel imports. US slaps China steel imports with five-fold tax increase - BBC News 2016-05-17T04:00:00Z In March, Washington responded to a flood of low-cost steel from China by announced anti-dumping tariffs of up to 266 percent on some Chinese steelmakers. China's Cabinet has approved measures to boost exports in a move that might worsen tensions with trading partners that say Beijing is flooding their markets with unfairly low-priced steel and other goods 2016-05-09T04:00:00Z Europe’s second-largest steelmaker by production capacity didn’t disclose the names of the interested parties but said their selection was based on their interest in bidding for the entire remaining U.K. assets. India’s Tata Steel Picks Potential Suitors 2016-05-09T04:00:00Z In February, Brazilian police raided the offices of the country’s biggest steelmaker, Gerdau SA, as part of the investigation. Brazil’s Former Finance Minister Guido Mantega Questioned in Tax Probe 2016-05-09T04:00:00Z Last month, the company teamed up with Italian steelmaker Marcegaglia to bid for the troubled Ilva steel plant, Europe’s largest single steel facility, which is currently held under special administration by the Italian government. ArcelorMittal Earnings Beat Expectations 2016-07-29T04:00:00Z European steelmakers accuse China of exporting steel at unfairly low prices. EU calls for fairer economic relationship with China 2016-05-09T04:00:00Z Recipients include steelmakers, coal miners, solar-panel manufacturers, and other producers of other goods including copper and chemicals. China Continues to Props Up Its Ailing Factories, Adding to Global Glut 2016-05-08T04:00:00Z The wave of cheap Chinese steel shipments prompted European Union and U.S. governments to slap import tariffs to protect their steelmakers, but not quickly enough in the EU to stem the bleeding. ArcelorMittal Narrows Losses 2016-05-06T04:00:00Z Purdue University Northwest’s Center for Innovation through Visualization and Simulation is partnering with steelmakers, including U.S. Purdue-based national steel consortium aims to help industry 2016-04-29T04:00:00Z The hackers then turned over their findings to Chinese steelmakers, U.S. U.S. Steel Accuses China of Hacking 2016-04-28T04:00:00Z As a result, most of the scrap needed by steelmakers and other industries is imported. Mahindra to build India's first automobile shredding plant 2016-04-28T04:00:00Z The big steelmaker is alleging illegal unfair competition by the Chinese producers and their distributors, and is seeking “the exclusion of all unfairly traded Chinese steel products from the U.S. market.” US Steel files trade complaint against big Chinese producers 2016-04-26T04:00:00Z The family behind Europe's biggest steelmaker has lost more than £2bn in the past year, the annual Sunday Times Rich List has revealed. Rich list 2016 reveals steel magnate's fortune drop - BBC News 2016-04-24T04:00:00Z X 2.76 % He is a nominee at next week’s annual meeting to join the board of the country’s largest steelmaker, which is cutting costs amid a global glut driving down prices. Former GM Executive Steve Girsky to Leave Board 2016-04-22T04:00:00Z Chinese steelmakers have been chasing the same prize, but around 2010, according to U.S. U.S. Steel Accuses China of Hacking 2016-04-28T04:00:00Z Among Brazil's listed steelmakers, Usiminas was the only one that posted operational losses. Exclusive: Brazil's CSN sues over Usiminas capital plan - sources 2016-04-18T04:00:00Z Peabody's chief business was selling coal to electricity providers and steelmakers. Peabody Energy, World's Top Private Coal Producer, Files for Bankruptcy 2016-04-13T04:00:00Z But the Indian conglomerate, controlled by philanthropic trusts endowed by the Tata family, struggled to turn the steelmaker around. Britain finds a buyer for one Tata steel plant, saving a third of jobs at risk 2016-04-11T04:00:00Z China's steelmakers are accused of dumping excess on the global market. UK steel: Hammond urges Chinese minister over production - BBC News 2016-04-09T04:00:00Z Taxes, energy costs, wages and carbon pricing all put steelmakers at a disadvantage compared with rivals in Russia, Ukraine and Turkey, let alone China. Through the mill 2016-04-07T04:00:00Z Back in the United States, Ross formed International Steel Group, taking on struggling plants, and later sold it to Mittal Steel to become the biggest steelmaker in the world. Who might save Tata Steel in Port Talbot? - BBC News 2016-04-04T04:00:00Z German steelmaker ThyssenKrupp has also been touted as another potential buyer, according to reports. Steel crisis: Sanjeev Gupta in talks over Port Talbot sale - BBC News 2016-04-03T04:00:00Z Mr. Javid said he would provide support to the U.K. steel industry on energy costs and would introduce measures to ensure British steelmakers are considered for government contracts. U.K. Government Offers State Support to Attract Tata Steel Suitor 2016-04-03T04:00:00Z Europe’s second-largest steelmaker by production capacity, after ArcelorMittal, reaffirmed that it is committed to exploring all strategic alternatives for its U.K. business. Tata Says U.K. Sale Is Needed Urgently 2016-04-02T04:00:00Z The ratings firm said it would consider a further cut should the steelmaker accrue more debt to close any loss-making operations in the U.K. ThyssenKrupp and Tata in Talks on Continental European Steel Tie-Up 2016-04-01T04:00:00Z International steelmakers battling oversupply and pricing headwinds breathed a collective sigh of relief earlier this year when Chinese officials announced plans to ease production and cut nearly 2 million domestic coal and steel jobs. Chinese Steelmaker Revs Up Despite Promised Production Cuts 2016-03-31T04:00:00Z For instance, the Commission is investigating Italy's third largest steelmaker Ilva, which was given €2bn in government support supposedly to help it comply with emissions and environmental standards. Tata Steel UK: What are the options? - BBC News 2016-03-31T04:00:00Z Tata Steel, Europe’s second largest steelmaker by production capacity, last week said it was exploring a sale of its U.K. business, which includes the U.K.’s largest steel plant in Port Talbot, Wales. U.K. Government Offers State Support to Attract Tata Steel Suitor 2016-04-03T04:00:00Z Tata Steel in January joined other steelmakers around the world in urging governments to do more to stem the tide of cheaper Chinese imports. U.K. Government Faces Pressure to Support Steel Industry 2016-03-30T04:00:00Z On March 18, the heavily indebted steelmaker Usiminas said it would suspend some loan payments to banks. Brazil Economic Woes Deepen Amid Political Crisis 2016-03-25T04:00:00Z New raids are occurring on a near weekly basis, including recently one probing alleged tax fraud at steelmaker Gerdau SA. Brazil graft crackdown spurs work for lawyers, corporate change 2016-03-24T04:00:00Z That is largely because Chinese steelmakers, coal miners and other manufacturers find it increasingly difficult to pay off debts because of weak demand and excessive industrial capacity. Chinese Regulators Speed Up Bad Loans 2016-03-13T05:00:00Z The companies want to blend some of the ore they each dig up to create a new product they can sell to steelmakers in China, the world’s biggest buyer of the main ingredient in steelmaking. Vale, Fortescue Plan Iron-Ore Alliance 2016-03-08T05:00:00Z With no way to sell excess production at home, China’s steelmakers are flooding Europe with cheap product and fueling protests over dumping. Staring down an economic reckoning in the Detroit of China 2016-03-04T05:00:00Z And global steelmakers are complaining loudly about Chinese dumping. China Will Make Sure Iron Ore’s Rebound Won’t Last 2016-03-03T05:00:00Z The Department of Commerce Tuesday imposed preliminary duties on imports of cold-rolled steel, used to make auto parts, appliances and shipping containers, from seven countries including China, whose steelmakers were slapped with a massive tariff. U.S. Imposes 266% Duty on Some Chinese Steel Imports 2016-03-02T05:00:00Z Loans to steelmakers are loans not going to innovative industries, which hurts growth, which leads to more stimulus and more debt. Stuck: The Problem with China’s New Stimulus 2016-02-29T05:00:00Z He said: "The situation facing Tata Steel and other European steelmakers is perilous." Steel protesters call for EU help - BBC News 2016-02-15T05:00:00Z The biggest steelmakers also owned some of the mines and their processing plants, creating a closed circle of supply and demand. Financial turmoil half a world away is melting Minnesota’s iron country 2016-02-03T05:00:00Z Chinese steel consumption actually fell last year, forcing the country’s steelmakers to export excess capacity. China Will Make Sure Iron Ore’s Rebound Won’t Last 2016-03-03T05:00:00Z Steel Corp., and an almost $8 billion loss at ArcelorMittal, the world’s biggest steelmaker, which has big operations in the U.S. U.S. Imposes 266% Duty on Some Chinese Steel Imports 2016-03-02T05:00:00Z Japanese steelmaker Nippon Steel & Sumitomo Metal and French state-owned bank BPI will participate in up to half of the capital increase,... Vallourec Seeks Capital as Oil Prices Pummel Earnings 2016-02-01T05:00:00Z But as its construction boom came to an end, demand sagged, prompting the country’s state-owned steelmakers to sell their growing surpluses on foreign markets. A corrosive climate 2016-01-28T05:00:00Z During the global financial crisis, it sold a chunk of its stock to Chinese steelmaker Hunan Valin Iron & Steel Group Co. for cash that kept jittery lenders at bay. Fortescue’s Strong Ties With China Could Be a Weakness 2016-01-27T05:00:00Z A private index of manufacturing activity in China showed activity slowed for the 10th consecutive month in December for the country’s steelmakers, shipbuilders and other industries. Recovery From Trade Swoon May Be Slow 2016-01-19T05:00:00Z The duties, set at 265.79% for Chinese steelmakers, will be imposed within the next week but must still be confirmed in a final determination scheduled for this summer. U.S. Imposes 266% Duty on Some Chinese Steel Imports 2016-03-02T05:00:00Z "Hands up, who wants to open a trade war with China to protect the UK's, and the European Union's, steelmakers?" he writes. Newspaper headlines: Muslim women, steel jobs, NHS chief and Chinese food - BBC News 2016-01-18T05:00:00Z It declined in every large country except India—though even its steelmakers are suffering, and pressing the government for tariffs on Chinese imports. A corrosive climate 2016-01-28T05:00:00Z Premium-free health-care packages are one of the last big perks awarded by the top tier of American manufacturers, including auto and steelmakers. Tough Labor Talks at Steel Firms 2015-12-21T05:00:00Z Dozens of smaller energy firms are surviving on the forbearance of lenders, and the hit is being felt across steelmakers, pipeline manufacturers and other industries that expanded or borrowed during the oil boom. The Oil-Patch Bust 2015-12-11T05:00:00Z After enduring one of their worst downturns ever, American steelmakers are now counting on tariff protection to help ride out a weak market. U.S. Imposes 266% Duty on Some Chinese Steel Imports 2016-03-02T05:00:00Z In pleading guilty, he also acknowledged bilking Dosko Co., a South Korean steelmaker, by pretending to promote a show by the pop singer. Man guilty in Web dating scam; also ran Pharrell show scheme 2015-12-02T05:00:00Z It was triggered by concerns that Chinese steelmakers are slashing their take-up of iron, in the face of weakening demand at home and abroad. Iron ore hammered as commodities rout deepens - business live 2015-11-30T05:00:00Z The steelmaker did not indicate how long the shutdown would last in a two-paragraph announcement Monday afternoon. US Steel temporarily idling Granite City works 2015-11-23T05:00:00Z Last year, the Justice Department announced indictments against five Chinese military hackers for allegedly stealing secrets from solar-power firms and steelmakers. World’s richest nations agree hacking for commercial benefit is off-limits 2015-11-16T05:00:00Z The Chinese steelmakers are exporting their product abroad in larger waves due to anemic domestic demand at home. ArcelorMittal Loss Worse Than Expected 2015-11-06T05:00:00Z At this time of year, as energy demand rises and coal-fired plants start up, China’s environmental watchdogs tend to force steelmakers to close sintering plants, in a bid to limit air pollution. Is This a Tell on the State of Chinese Steel? 2015-11-05T05:00:00Z It was triggered by concerns that Chinese steelmakers are slashing their take-up of iron, in the face of weakening demand at home and abroad. Iron ore hammered as commodities rout deepens - business live 2015-11-30T05:00:00Z Merkel said the steel sector needed “a certain amount of market protection” as steelmakers have pointed out that environmental regulations differ from country to country,impacting cost advantages. Eurozone emerges from deflation as unemployment hits three-year low - live updates 2015-10-30T04:00:00Z With wholesale prices down by one-third this year, even the big Chinese steelmakers are losing money. Steeled for worse 2015-10-22T04:00:00Z Chinese steelmakers are shipping their steel abroad at a record pace with exports reaching a monthly high in September. ArcelorMittal Loss Worse Than Expected 2015-11-06T05:00:00Z It's difficult to overstate the importance of China to steelmakers. Why British steel is in crisis - BBC News 2015-10-21T04:00:00Z Steel Corp. and other steelmakers have called for increased trade protection. Tata Steel to Cut 1,200 Jobs in U.K. 2015-10-20T04:00:00Z Merkel said the steel sector needed “a certain amount of market protection” as steelmakers have pointed out that environmental regulations differ from country to country,impacting cost advantages. Eurozone emerges from deflation as unemployment hits three-year low - live updates 2015-10-30T04:00:00Z UK steelmakers want lower business rates, a relaxation of carbon emissions targets for heavy manufacturers, more compensation for high energy prices, and a commitment that British steel is used in major construction projects. Britain's steel industry: What's going wrong? - BBC News 2015-10-20T04:00:00Z The news follows the liquidation of the UK's second largest steelmaker, SSI. Caparo steel goes into partial administration - BBC News 2015-10-19T04:00:00Z UK steelmakers say it's getting harder to compete because of high energy costs, green taxes, the strong pound and cheap Chinese imports flooding the market. What is the outlook for Britain's steel industry? - BBC News 2015-10-15T04:00:00Z Indian steelmakers successfully lobbied the government to raise steel import tariffs to 5%, but have warned that plants and jobs could be at risk if the import pace continues. Tata Steel to Cut 1,200 Jobs in U.K. 2015-10-20T04:00:00Z But Masur said it’s unfair to other steelmakers, not to mention the nearby residents, for ArcelorMittal to run the plant without pollution safeguards other companies are using. ArcelorMittal sued over soot from Pennsylvania coke plant 2015-10-08T04:00:00Z Shares of Kobe Steel fell 12% after the Japanese steelmaker cut its profit views citing slower demand in China and lower metal prices. Asian Shares Slide; Japan Gives Up Gains for Year 2015-09-29T04:00:00Z Most recently, steelmakers in the U.S. have sought import tariffs to protect the domestic industry from increased exports of cheap Chinese steel. Trade Slump Threatens Global Growth, Warns BHP Billiton Chief 2015-09-17T04:00:00Z UK steelmakers want lower business rates, a relaxation of emissions targets for heavy manufacturers, more compensation for high energy prices and a commitment that British steel is used in major construction projects. What is the outlook for Britain's steel industry? - BBC News 2015-10-15T04:00:00Z Global steelmakers complain, for instance, that China’s state-subsidised companies are undercutting them. Inflated claims 2015-09-03T04:00:00Z By the estimate of U.S. industry officials, Chinese steelmakers can’t find domestic buyers for about half of what they produce. Even a modest slowdown in China sacks the global commodities market 2015-08-28T04:00:00Z China is the world’s No. 1 steelmaker and buys nearly two-thirds of all iron ore traded internationally. China’s Big Parade Rains on Iron-Ore Market 2015-08-26T04:00:00Z At some point next year, Chinese steel exports will surpass the total production of the world’s second-biggest steelmaker, Japan. Glut of Chinese Steel Looms Large 2015-08-25T04:00:00Z Lakshmi Mittal, in an interview last week, complained that his firm was in an “unfair position” relative to other steelmakers and aluminum companies. ArcelorMittal Finds Unlikely Success in French Rust Belt 2015-08-24T04:00:00Z The decision announced Friday was a victory for the United States and Midwestern steelmakers AK Steel and Allegheny Ludlum. Fiat cybersecurity issues could spread, NHTSA chief says 2015-07-31T04:00:00Z Chinese steelmakers face lower production costs because they are less constrained by environmental regulations at home and benefit from a series of government subsidies, Mario Longhi, the chief executive of Pittsburgh-based U.S. Even a modest slowdown in China sacks the global commodities market 2015-08-28T04:00:00Z Now, the iron-ore sector is grappling with a sense of déjà vu as Chinese authorities order steelmakers and other heavy industry to switch off. China’s Big Parade Rains on Iron-Ore Market 2015-08-26T04:00:00Z In the U.S., steelmakers have filed three requests for protective import tariffs on steel from China and other countries. Glut of Chinese Steel Looms Large 2015-08-25T04:00:00Z The U.S. says the duties cost American steelmakers more than $200 million in annual exports. WTO rules against China, says Beijing failed to comply with earlier ruling in steel dispute 2015-07-31T04:00:00Z Although cheaper molybdenum is typically beneficial for steelmakers, falling steel prices will likely erode any boost to profit, he said. Molybdenum: Minor Metal Is Major Headache for Investors 2015-07-30T04:00:00Z It was an important input for the car industry in Detroit, for breweries in Milwaukee, steelmakers in Gary, paper manufacturers in Muskegon and makers of furniture in Grand Rapids. From rustbelt to bluebelt 2015-07-30T04:00:00Z It isn’t just higher supplies fueling the glut, but—like iron ore and coal—lackluster demand from steelmakers. Molybdenum: Minor Metal Is Major Mistake for Investors 2015-07-30T04:00:00Z “And it’s a problem every steelmaker outside of China now has to cope with.” Glut of Chinese Steel Looms Large 2015-08-25T04:00:00Z In June, six U.S. steelmakers filed a petition against five countries, including China, seeking to protect their market for a common kind of coated steel used in the automobile and construction industries. Steelmakers Ask U.S. to Impose Tariffs on China, Others 2015-07-28T04:00:00Z It isn’t just higher supplies fueling the glut, it is also lower demand from steelmakers. Molybdenum: Minor Metal Is Major Headache for Investors 2015-07-30T04:00:00Z The study cited an unidentified state-owned steelmaker in northern China’s Hebei province that hasn’t scaled back production amid the slowdown, instead diversifying into finance and real estate. Hidden Strains Lurk in China Job Market, IMF Says 2015-07-13T04:00:00Z Although cheaper molybdenum is typically beneficial for steelmakers, falling steel prices will likely erode any boost to profits, he said. Molybdenum: Minor Metal Is Major Mistake for Investors 2015-07-30T04:00:00Z And because steel can be endlessly recycled, the country’s steelmakers are likely to turn increasingly to scrap instead of the iron ore mined by the likes of BHP Billiton Ltd. Glut of Chinese Steel Looms Large 2015-08-25T04:00:00Z The environment has frustrated American steelmakers because their domestic market is relatively solid, with the exception of the oil and gas industry, which has suffered from the oil price swoon. Steelmakers Ask U.S. to Impose Tariffs on China, Others 2015-07-28T04:00:00Z The surge helped heavily indebted companies from steelmakers to banks sell shares and clean up their balance sheets. Why Beijing’s Efforts Have Failed to Tame China’s Stock Market 2015-07-09T04:00:00Z Iron-ore prices are being punished in part because of slackening demand from steelmakers. Commodities Plunge on Fears of China Cutback 2015-07-08T04:00:00Z Pence toured Gary Works on Thursday at the invitation of the Pittsburgh steelmaker. Indiana governor: State ‘deeply committed’ to steel industry 2015-06-05T04:00:00Z China, South Korea and other countries are subsidizing exports sold at a loss in the United States, where domestic steelmakers don’t receive similar government aid. Recent editorials published in Indiana newspapers 2015-06-02T04:00:00Z A group of steelmakers on Tuesday asked the U.S. government to impose tariffs on steel shipments from eight countries, the latest salvo in the American industry’s battle to cope with record imports. Steelmakers Ask U.S. to Impose Tariffs on China, Others 2015-07-28T04:00:00Z "This was where the Brown Firth Research Laboratories were. Brown Firth was one of the biggest Sheffield steelmakers, and Harry Brearley was the first manager of the laboratories." The element that made the 20th Century shine - BBC News 2015-05-22T04:00:00Z This is an opportunity that steelmakers are trying to exploit with their advanced high strength class of steels. Trends In Steel Usage In The Automotive Industry 2015-05-20T04:00:00Z The 35-year-old woman’s partially clothed body was found in an abandoned former steelmaker’s property. 5 things to know for Tuesday in Pennsylvania 2015-04-07T04:00:00Z Department of Commerce to move forward when foreign steelmakers don’t cooperate with unfair trade investigations. Recent editorials published in Indiana newspapers 2015-06-02T04:00:00Z It also claims that Brazil, China, India, South Korea, and Russia have illegally subsidized their steelmakers. Steelmakers Ask U.S. to Impose Tariffs on China, Others 2015-07-28T04:00:00Z Western steelmakers are pressing their politicians to protect them against the wave of cheap Chinese imports. Twin peaks 2015-04-01T04:00:00Z From the European Union to Korea and India, China’s excess metal supply is upending trade patterns and heating up turf battles among local steelmakers. The US Should Not Impose Tariffs On Chinese Steel 2015-03-18T04:00:00Z Previously the Pittsburgh-based steelmaker said it would idle its East Chicago tin, which employees nearly 400 people. US Steel plans 83 more layoffs at Gary Works 2015-03-13T04:00:00Z The group also wants consistent enforcement, not just when domestic steelmakers are losing money. Recent editorials published in Indiana newspapers 2015-06-02T04:00:00Z Faced with a record drought in 2014, and a subsequent spike in energy prices in a hydropower-dependent country, Usiminas, a steelmaker, stopped smelting and started selling power it had bought on cheap long-term contracts. Brazil’s business Belindia 2015-02-26T05:00:00Z And a big retailer, airline, food company or steelmaker has more ways to collect better data than any upstart. Tech Giants Have a Few New Tricks for Stomping Startups To Ferriola, CEO of Nucor Corp., the tiny pellets represent a huge bet for the biggest steelmaker left in the U.S. The Last Men of Steel 0002-11-29T05:00:00Z Esmark acquired the Yorkville facility about two years ago from a defunct steelmaker but kept the facility idled due to poor market conditions. Esmark to convert Ohio steel mill to serve shale boom 2014-09-10T04:00:00Z Imports from Saudi Arabia, which were a part of the original complaint made by domestic steelmakers, were exempted from additional duties as a part of an amended final determination by the DOC. International Trade Commission Ruling In OCTG Case Boosts Prospects For U.S. Steel 2014-08-29T04:00:00Z He also became embroiled in a very public fight with steelmaker ArcelorMittal over the closure of a plant. French government dissolved amid cabinet feud over economy 2014-08-25T04:00:00Z The ITC found that unfairly priced streel pipes used in oil drilling from South Korea and four other countries is harming U.S. steelmakers. Minnesota’s senators welcome steel decision 2014-08-22T04:00:00Z Sawyer, who worked as public health manager at an iron ore mining project of steelmaker ArcelorMittal, caught the disease from his sister who died in Monrovia of Ebola on July 8. Nigeria races to halt Ebola spread in overcrowded Lagos 2014-08-12T04:00:00Z And in May this year, Tata Steel, one of the world's biggest steelmakers, posted a net loss in its fourth quarter, blaming weakness in Europe. India's Tata set to invest $35bn 2014-07-31T04:00:00Z This is great news for American steelmakers such as U.S. Department of Commerce Ruling in OCTG Trade Case a Major Boost for U.S. Steel 2014-07-15T04:00:00Z Reducing costs is a major incentive for Vale’s customers, including Chinese steelmakers. How the Valemax Facilitates Vale's Business 2014-07-09T04:00:00Z Negotiations should be “resumed with the authentic owners” of this part of Ukraine, such as steelmakers and miners, Mr. Poroshenko said in a statement. With Talks Uncertain, Ukrainian Rebels Cling to Hope in Strongholds 2014-07-08T04:00:00Z Negotiations should be “resumed with the authentic owners” of this part of Ukraine, such as steelmakers and miners, Poroshenko said in a statement. Ukrainian rebels cling to hope in strongholds 2014-07-09T04:00:00Z It became one of the largest steelmakers in China, as well as one of its largest miners of gold and iron ore. Riding the rich, grey Chinese wave 2014-06-19T04:00:00Z “It is a pity that Mariupol was awakened by gunshots, but the city of steelmakers must not live and work as dictated by terrorists,” Avakov wrote. Ukrainian forces retake control in city held by rebels, official says 2014-06-13T04:00:00Z While the move would mean a captive supply of iron ore for steelmakers, it would further dim the prospect of Indian iron ore returning in a big way to the world market. Modi's manufacturing push cheers Indian steel makers 2014-05-09T08:31:25Z Montebourg, who threatened to nationalise blast furnaces belonging to steelmaker ArcelorMittal when its owner tried to shut them down, said the Siemens proposal would create "two European and global champions". UPDATE 1-French president, GE boss to meet over Alstom's future 2014-04-28T07:09:53Z Rail bosses say he was talked into supporting it by steelmakers, whose trade body, the National Steel Chamber, is headed by a friend of the president, Alonso Ancira. Railways in Mexico: Something to choo-choo over 2014-03-13T16:00:44Z Being part of a conglomerate that includes a big steelmaker has also helped the group continue to gain critical mass. Big carmakers: Kings of the road 2014-01-09T16:00:04Z That compares with only 34 percent at ArcelorMittal, the world's biggest steelmaker. Thyssen shares sink as U.S. deal fails to fix wider losses 2013-12-02T12:21:24Z These companies include the likes of steelmakers Cia. Vale to pay $9.6 billion Brazil tax bill after big discount 2013-11-28T01:39:18Z Three people familiar with the matter told Reuters last week that Germany's ThyssenKrupp was in exclusive talks to sell the plant to ArcelorMittal and Nippon Steel, the world's two biggest steelmakers. ThyssenKrupp to sell U.S. plant for $1.97 bln -report 2013-11-26T19:03:47Z The schemes are expected to draw in some of the country's largest companies, including leading steelmaker Baoshan Iron and Steel in Shanghai. China to Launch Two New Carbon Trading Exchanges 2013-11-25T17:15:00.553Z Shares in Germany's biggest steelmaker fell 2.1 percent, however, as it became clear that the deal would not also include the company's loss-making Brazilian factory. UPDATE 4-Thyssen nears U.S. steel plant sale, cartel settlement 2013-11-20T14:31:32Z Brazil's Vale SA reported its first quarterly profit increase in more than two years on Wednesday, as China's steelmakers replenish stocks and aggressive cost-cutting plan at the world's second-largest miner starts to pay off. PRESS DIGEST- Financial Times - Nov 7 2013-11-07T01:00:01Z "In the present scenario of economic crisis, this bill will further hit investment and growth of industrialization, employment and infrastructure," said Vikash Sharan, the director of the Indian unit of Posco, a South Korean steelmaker. India's parliament passes land acquisition bill 2013-08-29T16:40:29Z Beijing's plan to boost investment in urban infrastructure and railways is also pushing steelmakers to keep output high. Steadier China economy offers iron ore hope, but caution stays 2013-08-20T06:37:52Z The goal will be helped as Chinese steelmakers and dealers increase their stockpiles of iron ore going forward, he added. UPDATE 3-Vale may change accounting to curb forex impact on profit 2013-08-08T20:24:53Z Mr Cromme’s reputation as a corporate reformer has also been dented by the various scandals and bad investments at ThyssenKrupp, a steelmaker from which he recently resigned as chairman. Siemens: Crisis, what crisis? 2013-08-01T15:03:34Z This is most apparent in Europe, whose steelmakers are the most beleaguered. Steel: An inferno of unprofitability 2013-07-04T15:04:16Z Germany's biggest steelmaker, is examining the possibility of selling part of its European steel business to an investor, Rheinische Post newspaper said on its website on Saturday, citing unnamed supervisory board sources. ThyssenKrupp mulls selling part of European steel business, paper 2013-06-29T12:29:03Z India's largest steelmaker by market value, the sources said, though at least one source questioned Essar's interest. Rio draws up shortlist for Canada iron ore sale-sources 2013-06-03T13:22:44Z Rio's move to sell its IOC stake follows steelmaker ArcelorMittal SA's sale of a 15 percent stake in one of its iron ore operations in Canada, raising $1.1 billion to help pay off debt. UPDATE 1-Rio draws up shortlist for Canada iron ore sale-sources 2013-06-03T12:54:34Z This highlights the many challenges facing CSN as Steinbruch seeks to grow Brazil's largest diversified steelmaker into ore, cement, steel and logistics through takeovers. Brazil's CSN could see Asian partners exit Namisa unit -report 2013-05-21T12:06:20Z Adding to the pressure on steelmakers’ profitability is China’s growing capacity, which is denting steel prices around the world. Steel: An inferno of unprofitability 2013-07-04T15:04:16Z Even Rousseff's top adviser from the business sector, steelmaker Jorge Gerdau, criticized the new ministry, saying the government could operate with "half a dozen" key ministries and did not need 39. Brazil's big government seen as good for politics, bad for economy 2013-05-09T23:14:09Z He pointed to Berkshire's recently completed purchase of all of Israeli metalworking company Iscar, and its investment in shares of South Korean steelmaker Posco. Munger: hard to find Berkshire deals, 'raving mad' not to try 2013-05-03T23:03:12Z Sources familiar with the matter said Thyssen was also in talks over Steel Americas with CSN, as well as a consortium of ArcelorMittal, the world's biggest steelmaker, and Japan's Nippon Steel. UPDATE 1-Thyssen mulls keeping part of Steel Americas - source 2013-05-03T11:01:03Z The steelmaker announced the closure of a factory in Liege, threatening 1,300 jobs. Photos of the Day: March 20 2013-03-20T22:20:11Z And deals struck when times were good still haunt steelmakers. Steel: An inferno of unprofitability 2013-07-04T15:04:16Z Rio's move to sell its IOC stake follows steelmaker ArcelorMittal's sale of a 15 percent stake in one of its iron ore operations in Canada, raising $1.1 billion to help pay off debt. UPDATE 1-Rio hires banks for Canada iron ore miner sale -sources 2013-03-01T14:17:50Z Iron ore swaps are used by some miners, steelmakers and traders to hedge their physical positions or by speculative investors who bet on prices for the key steel ingredient. Analysis: ICE faces tough competition in iron ore swaps launch 2013-02-12T19:58:44Z Last year, Renco sold 24.5 percent of its ownership stake in RG Steel to an affiliate of the New York-based investment firm Cerberus Capital Management before the steelmaker filed for Chapter 11 protection. Renco Group sued over RG Steel's pension obligations 2013-01-29T05:23:17Z The steelmaker announced the closure of a factory in Liege, threatening 1,300 jobs. Photos of the Day: March 20 2013-03-20T22:20:11Z ArcelorMittal, which became the world’s biggest steelmaker in a huge merger in 2006, agreed to maintain jobs and production to persuade European governments to wave the deal through. Steel: An inferno of unprofitability 2013-07-04T15:04:16Z Moody's cut the rating of ArcelorMittal, the world's largest steelmaker, to "junk" in November. UPDATE 1-Moody's cuts ThyssenKrupp debt rating to junk 2013-01-24T18:09:00Z Evraz is the Russian steelmaker with the largest domestic exposure to long steel, therefore the most levered to a strong domestic construction market. FTSE 100 gains ground in curtailed trading day, while ITV lifted by US acquisition 2012-12-24T12:42:34Z Thyssen, Germany's top steelmaker, said it took a 3.6 billion euro impairment charge at its Steel Americas business, which is up for sale. ThyssenKrupp posts 4.7 bln eur loss on writedown in Americas 2012-12-10T19:49:37Z The world's biggest steelmaker, ArcelorMittal, is based in Luxembourg, putting all of its global plants under EU sanctions rules. Steel sanctions cut deep into Iran's economy 2012-11-11T07:05:39Z Until 2010 ore prices were fixed in annual negotiations between big steelmakers and the four miners. Steel: An inferno of unprofitability 2013-07-04T15:04:16Z Others eyeing BHP's share of the venture that holds the Nimba concession include the world's largest steelmaker, ArcelorMittal, which mines iron ore just over the border in Liberia, the sources said. UPDATE 1-Vale's former boss Agnelli eyes Guinea potential again 2012-11-07T16:21:59Z Other suitors for BHP's share of the joint venture that holds the Nimba mining concession include the world's largest steelmaker ArcelorMittal, which has a mine just over the border in Liberia, the sources said. Vale's former boss Agnelli eyes Guinea potential again 2012-11-07T11:55:22Z The company, Germany's biggest steelmaker, asked for the resubmissions because it deemed the initial bids too low, one of the sources said. ThyssenKrupp shares fall as Steel Americas sale drags on 2012-10-29T13:28:30Z He then sold that stake to ArcelorMittal, the world's biggest steelmaker, at a time China's appetite for coal appeared insatiable. Insight: Coal dust: creditors eye Australian magnate's fragile fortune 2012-10-14T18:04:36Z Although the world still needs plenty of steel it doesn’t need as much as steelmakers are able to supply. Steel: An inferno of unprofitability 2013-07-04T15:04:16Z Vale mines have ores with iron content close to the 62 percent needed by steelmakers. Analysis: Brazil's Vale's challenges go beyond iron ore 2012-10-11T21:20:32Z Without citing sources, Die Welt reported that steelmakers Posco of Korea and Japan's JFE Steel Corp. were among the companies that are still in the bidding process. Five bidders for ThyssenKrupp steel mills -paper 2012-10-10T06:46:10Z Antitrust regulators could receive further representation from bodies including Europe's influential steelmakers, worried over market dominance in some commodities. EU to decide on Glencore-Xstrata deal by November 8 2012-10-03T11:49:22Z In Europe, meanwhile, the region's influential steelmakers' association, Eurofer, said it was awaiting details of the notification to decide whether to request a further probe. UPDATE 1-Glencore sets EU antitrust clock ticking - sources 2012-10-02T20:44:23Z Baoshan, the Chinese steelmaker that slashed production, said this week it doesn't expect the stimulus to increase demand for steel. What mining slump? At Vegas show, industry's glass is half full 2012-09-28T20:07:31Z Analysts say that the low prices mean mills are under pressure and that more production cuts are expected from steelmakers in China. China's Baoshan halts steel plant 2012-09-27T03:41:16Z ThyssenKrupp, Germany’s largest steelmaker, expects 5,000 job losses because of high electricity prices, and recently sold its Krefeld stainless steel mill to a Finnish competitor, devastating a little town on the Rhine. Germany -- Insane Or Just Plain Stupid? 2012-08-31T20:19:21Z The money fetched at the auctions is small change compared with the $1.2 billion RG Steel paid for the three plants, purchased from Russian steelmaker Severstal last year. Historic Sparrows Point steel mill sold to liquidator 2012-08-08T14:21:48Z But the price was small change compared with the $1.2 billion RG Steel paid Russian steelmaker Severstal for all three plants last year. Historic steel plant goes on the auction block 2012-08-07T22:37:47Z Putting production into fewer hands would make it easier to adjust output to cushion the cyclical downturns that have always played havoc with steelmakers. ArcelorMittal, a Global Steel Giant, Scales Back 2012-07-25T20:52:12Z This announcement is a very clear indication of the very difficult market conditions facing Tata and other European steelmakers. Reduced hours plan for Tata staff 2012-07-11T17:37:06Z The private equity firm took steps to modernize the steelmaker. Companies’ Ills Did Not Harm Romney’s Firm 2012-06-23T01:08:05Z It announced plans to sell the three plants it bought from Russian steelmaker Severstal for $1.2 billion just a year ago. UPDATE 1-ArcelorMittal CEO says steel capacity cuts needed in Europe 2012-06-19T15:26:21Z Banks are venturing into physical iron ore trading to better manage their financial positions and help forge financing deals for mining companies, steelmakers, automakers and construction companies. JP Morgan looks to trade physical iron ore, coal 2012-06-15T16:03:52Z In May, Vale's chief executive told analysts the company "does not want to become a steelmaker" when asked about the sale of CSA. UPDATE 1-Thyssen gets interest for Brazil, US plants -report 2012-06-02T22:13:00Z Germany's biggest steelmaker said this month it will examine all strategic options, including a partnership or a sale, for its steel mills in Brazil and the United States. ThyssenKrupp CEO sees Steel Americas loss next year 2012-05-26T13:10:52Z Last week, ThyssenKrupp, Germany's biggest steelmaker, said it was seeking a partner or buyer for its 73 percent stake in CSA and a sister mill in the U.S. UPDATE 1-Usiminas, Gerdau won't bid on ThyssenKrupp mill 2012-05-21T18:38:13Z FRANKFURT—Germany's two largest steelmakers Tuesday forecast sharp drops in full-year operating profits as a fragile economy continues to weigh on demand and prices for their products. Steelmakers Give Grim Forecasts 2012-05-15T10:43:25Z |
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