As of October 14, the operating rate of 50 major construction steel-producing electric furnace steel mills nationwide was 38.4%, up 2.22% MoM; the capacity utilization rate was 40.23%, up 2.52% MoM; ...
United States Steel Corp., the owner of the steel mill in Granite City, said Monday in a quarterly report that a blast furnace in the plant would be “temporarily” idled in response to the United Auto ...
Operator of blast furnace/basic oxygen furnace mill in England has started to consult on proposed closure of its steelmaking complex. “The difficult decision has been made to consult with employees ...
The steelmaker reportedly has declared its mill in the Czech Republic insolvent, idled a furnace in Romania and operates below capacity in the United Kingdom. Liberty Steel acquired the Ostrava, Czech ...
Tata Steel said it would replace blast furnaces with an electric furnace, a move that will cut emissions but also as many as 2,800 jobs. By Stanley Reed Reporting from London Tata Steel said Friday ...
A survey revealed that China did not approve the establishment of any coal blast furnace steel plants in the first half of this year as part of its carbon reduction efforts. On the 11th, Hong Kong's ...
United States Steel Corp., the owner of the steel mill in Granite City, said Tuesday up to 600 workers face layoffs as the company has “indefinitely” idled the mill’s primary operations. These 600 ...
Opinion
Zacks Investment Research on MSN3 Steel Producer Stocks to Watch Amid Industry Challenges
The Zacks Steel Producers industry faces headwinds from a pullback in steel prices amid cautious buyer activity. Soft demand ...
Cleveland-Cliffs is looking to replace an Ohio steel mill blast furnace with a transformative new technology. The Cleveland-based steelmaker, one of the Calumet Region's largest industrial employers, ...
Liberty Steel plans to build an electric arc furnace (EAF) in Hungary with the aim of reducing carbon emissions by 80% and achieving carbon-neutral steel production by 2030. The project, estimated to ...
US Steel is shuttering production at a mill in November, but its hundreds of workers will keep their jobs – for now – thanks to an agreement the company reached with the Trump administration. US Steel ...
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