Slater Steel have completed their recently announced sale of substantially all of the assets of Sorel Forge to a subsidiary of A Finkl & Sons for approximately $41 million.
Sorel Forge, located in Quebec, Canada i...
International Steel Group announced their intention to restart a continuous caster and basic oxygen furnace on the west side of its Cleveland Works. The move will result in the hiring of approximately 140 previously laid...
Austeel have pulled the plug on their proposed AUD$2.5 billion steel plant in the Newcastle area of Australia after CEO, John Elmore’s statements earlier this month where he expressed his confidence the project wou...
China’s largest steel producer, Baoshan Iron & Steel have secured an export contract that will see them supply sheet steel to Ford in Europe. The contract was secured after trials shipments met with quality sta...
Following the receipt of an offer from Delaware Street Capital to purchase substantially all of the assets of Slater Steel's Hamilton Steel Bar Unit on March 3rd, the two parties have now signed a letter of intent.
...
Following their victory over rival US Steel to gain the right to bid for a stake in Polish steel manufacturer Polskie Huty Stali, LNM Group have now successfully completed the deal.
Under the agreement with the Polish...
The union at bankrupt Weirton Steel have announced that they have reached a tentative labour agreement with International Steel Group, ISG who are in the process of trying to purchase them for US$255 million.
Under th...
Bankrupt US steel manufacturer Slater Steel announced they had received an offer for their Hamilton steel bar unit.
The offer as it stands, from Delaware Street Capital includes US$13 million in cash, as well as the a...
In response to the skyrocketing of the international price of steel, the Korean government have imposed restrictions on the export of scrap iron and steel.
The restriction will also help to ease the effects of domesti...
Timken a supplier of highly engineered bearings and alloy steels has supplied super precision bearings that are currently being used on both of NASA's Mars Rovers, Spirit and Opportunity.
Starsys Research, one of ...
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