01 Oct 2019 -
United States Steel Corporation is acquiring a stake in Arkansas-based Big River Steel for US$700 million in cash and will look to buy the rest of the business sometime in the next few years, the company announced Tuesday morning.
12 Sep 2019 -
Gerald Reichmann has stepped down as British Steel’s chief executive as the company's receiver and would-be buyer Ataer Holdings work toward completing a sale, reports The Grimsby Telegraph newspaper.
03 Sep 2019 -
Sanjeev Gupta’s Liberty Steel plans to invest more than US$443 million over the next five years in its newly acquired European mills, Liberty Steel chief executive Jon Bolton tells Bloomberg news service.
27 Aug 2019 -
Vietnam’s Hoa Phat Group has commissioned the first of four converters at its integrated greenfield mill near Da Nang, reports the supplier of the equipment.
19 Aug 2019 -
The investment is part of a project to modernize Stelco’s Hamilton and Lake Erie Works. The upgrades will include a new recycling facility and will bring about the creation of 75 new jobs.