U.S. Steel announced it is laying off 200 employees, following their decision to halt production at the Michigan facility.

U.S. Steel announced it is laying off 200 employees, following their decision to halt production at the Michigan facility.

[Ferro-Alloys.com] Tata Steel has called off its plans to sell majority stake in its Southeast Asia steel business to China’s state-owned HBIS Group. “We have been informed by HBIS that they have not been able to procure the requisite approvals from the Hebe...

[Ferro-Alloys.com] Houston — US Steel intends on moving away from spot market-based adjustable price contracts with its sheet steel customers in 2020, according to an internal letter issued Tuesday.

[Ferro-Alloys.com] Natural resources, or commodities, are the raw inputs that are used to manufacture and produce all of the products in the world. Commodities themselves, which include those extracted from the earth and those that have yet to be extracted, ar...

Brand Finance Mining, Iron & Steel 25 2019 published on 23.04.2019.

Ending June, the company’s revenue increased 10.3 percent on-year to more than 30 trillion VND, but its net profit dropped 12.8 percent to 3.86 trillion VND.

The association reported that sales of steel products in the second quarter hit 5.9 million tonnes.