ArcelorMittal Brasil to keep blast furnace idle until year-end, CEO says.

U.S. Steel is aggressively spending to revamp its plants.

Brazilian slab producers resume negotiations with US clients for November shipments.

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.

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.

GSO statisticians said the nation’s IIP ensured a stable growth of more than 9 percent recorded since the beginning of this year.

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