1952 steel strike - Wikipedia

The 1952 steel strike was a strike by the United Steelworkers of America against U.S. Steel and nine other steelmakers. The strike was scheduled to begin on April 9, 1952, but US President Harry Truman nationalized the American steel industry hours before the workers walked out. The steel companies sued to regain control of their facilities. On June 2, 1952, in a landmark decision, the US ...

China Pushes Up World Steel Output Amid Coronavirus Disruption

Mar 24, 2020· However, U.S. steel prices have again come under pressure over the past couple of months amid the virus crisis. U.S. Steel and Steel Dynamics currently carry a …

U.S. Steel Is in Trouble, Not Due to Coronavirus - Market ...

Mar 25, 2020· U.S. Steel's current round of layoffs isn't due to coronavirus. The company is idling its tubular facilities that produce steel for the energy industry.

World Steel Production Nosedives Amid Coronavirus Disruptions

May 27, 2020· The outbreak has also led to a downward spiral in U.S. steel prices amid ebbing demand. ... Steel mills in the country are ramping up production on recovering profit margins and …

Could US Steel Prices Fall More amid COVID-19? - MarketWatch

Apr 16, 2020· Domestic mills have resorted to plaint closures amid dismal end-user demand and falling prices. In the week ending April 11, US steel production fell 33.6% compared to …

Parish President: LaPlace steel mill lays off 376 workers ...

Oct 01, 2019· READ MORE:Parish President: LaPlace steel mill lays off 376 workers amid complete shutdown. CHECK OUT WDSU:Get all the New Orleans news you need. With the latest New Orleans weather, sports and ...

Chinese Steel Mills Ramp Up Production Amid Virus Concerns ...

Chinese Steel Mills Posted Notable Surge in Scrap Inventory. Chinese Steel Output Surged Despite Coronavirus Impacts. The survey cited early signs of economic recovery in the country. The domestic steel consumption levels of construction steel in the country appears to have returned to near-normal levels, said the survey.

Ternium delays start-up of finished steel mills amid Covid ...

Ternium delays start-up of finished steel mills amid Covid-19 Latin American steel group Ternium expects to delay the start-up of some projects in order to preserve cash during the Covid-19 pandemic. The company will delay start-up of a hot-rolling mill in Pesquería, a northeastern Mexican city near Monterrey, Mexico, to April 2021. ...

This Morning in Metals: ArcelorMittal to lay off workers ...

Apr 09, 2020· Japan's steel output is forecast to fall 26% this quarter, Bloomberg reported, amid impacts from the coronavirus outbreak. Japan is the third-largest steel …

Indian steel mills to cut run rates amid lockdown, raw ...

Indian steel mills to cut run rates amid lockdown, raw materials supply disruptions expected Small, induction furnace mills producing secondary billet and rebar in India have started shutting down their meltshops amid the lockdown mandated by prime minister Narendra Modi on March 24 to control the spread of the novel coronavirus (2019-nCoV).

ArcelorMittal makes another round of major layoffs ...

Overall, domestic steel mills in the U.S. made 1.204 million tons of steel last week, up 5.2% from 11.44 million tons the previous week. Northwest Indiana Business Headlines

Evraz will lay off another 65 at Portland steel mill amid ...

Steelmaker Evraz notified state employment officials this week that it plans to lay off another 65 at its North Portland mill amid a "significant business downturn." Evraz said the layoffs ...

China steel group calls for industry stability amid ...

The China Iron and Steel Association (CISA) on Thursday asked steel firms to maintain stability amid fluctuations in steel prices caused by slumping demand as the coronavirus outbreak disrupts ...

US Steel Imports Drop Sharply in May Amid Coronavirus ...

2 · The resumption of operations across major steel-consuming sectors such as automotive and construction augurs well for the U.S. steel industry. US Steel Imports Drop Sharply in May Amid …

History of Pittsburgh - Wikipedia

The large mills in the Pittsburgh region also faced competition from newer, more profitable "mini-mills" and non-union mills with lower labor costs. [75] Beginning in the late 1970s and early 1980s, the steel industry in Pittsburgh began to implode along with the deindustrialization of the U.S. [77] Following the 1981–1982 recession, for ...

US Steel Imports Drop Sharply in May Amid Coronavirus ...

U.S. steel prices have also come under pressure this year amid pandemic-induced demand destruction. ... steel mills' price hike actions have helped HRC prices to gain some ground and break above ...

Steel Dynamics moves forward with Sinton project amid ...

Mar 19, 2020· Steel Dynamics unsure of COVID-19's impacts, moving forward with Sinton mill project. Steel Dynamics in July selected a plot near Sinton to develop a $1.9 billion electric-arc-furnace flat roll ...

Steel suppliers plan billions in plant investments

Amid resilient auto sales, anxiety over future trade friction and a stream of improved profits, major steel suppliers have unveiled $9.7 billion in planned plant investments to boost their U.S ...

MetalMiner's Don Hauser on the falling steel market: don't ...

May 26, 2020· Amid the COVID-19 pandemic, steel mills across the U.S. have idled production amid declining demand. With those supply sources taken offline and a projected demand recovery — particularly from ...

Amsa seeks safeguards on steel imports amid demand concerns

5 · Amsa seeks safeguards on steel imports amid demand concerns. ... has applied for safeguards on structural steel products produced in the Highveld Mill," …

Steel Industry Calls for Infrastructure Boost Amid ...

Apr 03, 2020· Meanwhile, slowdown in steel demand in China, the world's top consumer, amid a faltering domestic economy is a concern for the steel industry. …

Steel Dynamics sticks with Sinton, amid COVID-19, economic ...

May 30, 2020· It was 10 months ago that Steel Dynamics, a Fort Wayne, Indiana, company, selected a plot near Sinton to develop a $1.9 billion electric-arc-furnace flat roll steel mill…

Liberty Steel cutting Georgetown production for three ...

Liberty Steel came to the area in 2018 after the mill sat idle for three years. According to the company's website, Liberty Steel's South Carolina production has a capacity to make 750,000 tons of steel per year.

World Steel Production Nosedives Amid Coronavirus ...

The outbreak has also led to a downward spiral in U.S. steel prices amid ebbing demand. ... Steel mills in the country are ramping up production on recovering profit margins and optimism that ...

Should US Steel Mills Halt Production amid Coronavirus ...

Mar 20, 2020· China's steel production rose 7.2% year-over-year in January. However, the downstream demand wasn't commensurate amid the extended Lunar New Year Holidays. As a result, the country's steel ...

Call for probe into 'deliberate destruction' of Steel Mills

ISLAMABAD: Amid disbursement of Rs1.3 billion by the finance ministry as partial payment of retirement dues to former employees of Pakistan Steel Mills, a group of suppliers, dealers, contractors ...

Steelmakers could be heading for "Steelmageddon" amid ...

Temporary idling of furnaces by U.S. Steel, AK Steel, and ArcelorMittal have removed another 18.1 million tons. New capacity planned to come online in the next few years will total 10 million tons—including expansions at North Star Bluescope, Nucor Gallatin, and Big River Steel, plus Nucor's new plate mill and Steel Dynamics' new sheet mill.

Some Steel and Aluminum Makers to Restart Plant Operations ...

Some U.S. steel and aluminum makers are restarting idle mills and boosting capacity to make up for imports that face being priced out of the market if President Donald Trump's proposed import ...

Evraz will lay off 230 from Portland steel plant, citing ...

It paid $2.35 billion in 2007 to buy Oregon Steel, which was founded in Portland in 1928. Four years later the company moved the headquarters for Evraz North America from Portland to Chicago.

ArcelorMittal's Ukraine Steel Mill To Move $400 Million ...

Sep 10, 2019· Europe's largest steel mill, owned by top investor ArcelorMittal and located in Ukraine, is planning to move $433 million out of the country to pay dividends to its parent company.