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Russian steelmaker JSC Severstal has emerged as the possible third suitor for the Weirton, W.Va., plant of Mittal Steel USA Inc., Chicago.
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Natural Resource Partners LP, Houston, has set its sights on the acquisition of metallurgical coal reserves.
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AK Steel Corp., Middletown, Ohio, and the union representing locked-out workers at its Middletown plant have agreed to meet for a bargaining session Friday.
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Cia. Vale do Rio Doce (CVRD) has signed its largest-ever iron ore sales contract with Cia. Siderúrgica do Atlântico, the new Brazilian steelmaking subsidiary of ThyssenKrupp Steel AG, Duisburg, Germany.
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Canam Group Inc., Saint-Georges, Quebec, has acquired nearly all the assets of two manufacturers of structural bearings and expansion joints for bridge and highway infrastructure projects.
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Construction fabricator Canam Group Inc., Saint-Georges, Quebec, has acquired the majority of the assets of two manufacturers of structural bearings and expansion joints for bridge and highway infrastructure projects.
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Automotive castings supplier Intermet Corp., Fort Worth, Texas, has signed a supplier agreement with metal-based automotive components manufacturer Metaldyne Corp., Plymouth, Mich., to supply the majority of its cast part requirements through the end of 2007.
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Natural Resource Partners LP, Houston, is acquiring some metallurgical coal reserves.
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Two pipe consumers are stepping into a trade case involving imported oil country tubular goods (OCTG), possibly setting up a David vs. Goliath battle between big multinational oil companies and comparatively small U.S. tube makers.
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Specialty steelmakers are feeling the pinch of automotive industry production cuts, with motor vehicle and parts output logging further declines in October.
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Two pipe consumers are stepping into a trade case involving imported oil country tubular goods (OCTG), possibly setting up a David vs. Goliath battle between big multinational oil companies and comparatively smaller U.S. tube makers.
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Specialty steelmakers are feeling the pinch of automotive industry production cuts, with motor vehicle and parts output logging further declines in October.
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Imports of cold-finished steel bar from China are on the rise, and there was a palpable air of concern at the Cold Finished Steel Bar Institute’s annual meeting that it isn’t just a temporary increase.
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Delphi Corp., Troy, Mich., and the United Auto Workers union have resolved some issues, but limited talks have left their negotiations far from complete.
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Brazil’s Cia. Vale do Rio Doce (CVRD) has issued $3.75 billion worth of 10- and 30-year bonds via wholly owned subsidiary Vale Overseas Ltd., the proceeds of which will be used to refinance a bridge loan obtained for its purchase of Inco Ltd., Toronto.
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Consolidated Thompson Iron Mines Ltd., Toronto, has entered into an agreement with the equity owners of Wabush Mines to potentially buy the iron ore production facility.
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The Iron Mining Association of Minnesota is on the prowl for a new leader.
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Steel Dynamics Inc.’s board of directors has authorized an increase in its 5 million share (pre-split) purchase program by an additional 2.5 million shares.
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The Iron Mining Association of Minnesota is on the prowl for a new leader.
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Consolidated Thompson Iron Mines Ltd., Toronto, has entered into an agreement with the equity owners of Wabush Mines to potentially buy the iron ore production facility.
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Steel Dynamics Inc.’s board of directors has authorized an increase in its 5 million share (pre-split) purchase program by an additional 2.5 million shares.
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It’s becoming the new sport in the steel industry—trying to figure out which companies will be the next to be swept up in the consolidation wave.
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As the Latin American steel industry becomes increasingly hawkish over Chinese imports, with expectations of trade action, the new man at the top of its major trade association is instead urging a different course.
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The 50-50 partnership that is North Star BlueScope Steel LLC, Delta, Ohio, extends well beyond the financial arrangements of the operation. It’s a partnership that reaches to the shop floor, where North Star BlueScope has been able to achieve a safety record that may be unparalleled in the steel industry.