AK Steel, the leading bidder for the purchase of bankrupt National Steel, has failed to reach a labour agreement with the United Steelworkers of America (USWA) by the deadline imposed by the US Bankruptcy courts.
AK S...
US Steel, through its wholly owned subsidiary US Steel Balkan have agreed to purchase bankrupt Sartid a.d. and six of its subsidiaries for $23 million.
The acquisition of the Serbian-based Sartid a.d. is scheduled for...
Recently introduced tariffs introduced by President Bush to protect the local steel industry have been deemed to be illegal by the World Trade Organisation.
The decision has been called “interim”, with the final repor...
Through their subsidiary Nucor Steel Kingman LLC, Nucor have acquired the assets of North Star Steel’s, Kingman, Arizona, USA plant. The purchase price for the assets was US$35 million.
The plant included a melt...
BHP Steel has reaffirmed its commitment to the Chinese market by opening two new rollforming plants In China. The opening of these two state-of-the-art plants will effectively double their production capacity in China.
...
Kobe Steel and its subsidiary Shinko Pantec are looking to consolidate the environmental business of Kobe Steel with Shinko Pantec in January 2004. The aim of this move would be to concentrate the management resources of...
International Steel Group (ISG) have signed an asset purchase agreement to acquire substantially all of the assets of bankrupt Bethlehem Steel.
The agreement which was agreed to in principle in early February, covers...
Industrial packaging leaders Greif Bros have just opened a steel drum plant in Jiangsu, China. Jiangsu is located near the major port of Shanghai.
The new plant is in addition to their Ningbo plant, which has been ope...
Since the reports yesterday that Corus was attempting to fast track the sale of its aluminium business to Pechiney there have been significant developments, both on this deal and relating to their carbon steel business.
...
Following the collapse of the pedestrian bridge over the Lowes Motor Speedway (USA) on May 29, 2000, the judge has dropped the case against Anti-Hydro International, a manufacturer of a concrete additive used in the brid...
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