The U.S. steel producers were dismayed when imports of Chinese finished steel products in October 2008 reached 713,000 net tons, an all-time monthly high. President and chief executive officer of the American Iron and Steel Institute, Thomas J. Gibson stated that America's steel producers ...
Jiangsu Shagang is one of the top five China’s steel producers. It is located in hangjiagang, Jiangsu, China was formed in 1975. It produces nearly 18 million tons of iron annually and its product line consists of wire rods, hot-rolled coils, rebar and slabs. 8. Tata Steel Group Tata...
U.S. Steel, one of the largest BF-based integrated steel producers in the USA, agreed to acquire the remaining stake in Big River Steel (BRS), an EAF steel producer, thus taking over a full ownership of the newest and most advanced flat-rolling mill in North America. The deal is expec...
Bessemer process- an industrial process for making steel using a Bessemer converter to blast air through molten iron and thus burning the excess carbon and impurities; the first successful method of making steel in quantity at low cost open-hearth process- a process for making steel using an ope...
Transformational. Science-Based Green House Gas Targets Steel Dynamics is a steel industry leader in sustainability, committed to decarbonization. Learn More What we do We are one of the largest domestic steel producers and metal recyclers in the United States, with one of the most diversified prod...
The US, also the largest importer of steel, is in talks with several huge producers in developing economies to curb excess exports that can prove catastrophic to the global market. Economists, however, predict that the status quo of steel production will return to normal. ...
If that outcome proves correct, it could help the stocks of steel producers recover from a brutal two-year stretch. Cliffs (ticker: CLF) announced plans on Monday to buy the U.S. assets ofArcelorMittal(MT). The transaction—following its purchase of AK Steel announced in 2...
When people are interviewing you about your book but have not read it, they ask stock questions that most authors find difficult to answer, or at least answer with any sort of creativity. One of the more common of these is “What did you find in your research into the topic that surpris...
POSCO, or Pohang Iron and Steel Company, is a common abbreviation. This business, which was founded in 1968, is now among the biggest steel producers in the world. With its headquarters in Pohang, South Korea, POSCO runs the two biggest steel mills in the world, located in Gwangyang and...
After a slew of second-quarter earnings calls from major steel producers in July,top executives acknowledged falling steel prices and their hedging strategies to combat the downward trajectory. In Nucor’s latest earnings call, in which the firm reported a record second quarter, top executives antic...