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The Iron Mining Association of Minnesota is in search of a new president.
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Consolidated Thompson Iron Mines Ltd., Toronto, Ontario, has entered into an agreement with the current equity owners of Wabush Mines to potentially buy that iron ore production facility.
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Although some issues have been resolved between automotive parts supplier Delphi Corp. and the United Auto Workers union, limited talks have left the negotiations far from complete, the union’s president told members in an online question and answer session.
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Brazil’s Grupo Gerdau SA plans to become a bigger player in flat steel products, according to the group’s heirs apparent.
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André Gerdau Johannpeter will be the new executive president and chief executive officer of Brazilian steelmaker Grupo Gerdau SA effective Jan. 1, 2007, succeeding his father, Jorge Gerdau Johannpeter, who will leave the company’s executive board but will continue as president of the group’s administrative board.
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Workers at AK Steel Corp.’s Mansfield, Ohio, plant have ratified a new labor contract by an overwhelming majority, but talks remain stalled at the company’s Middletown, Ohio, facility, where a nine-month lockout continues.
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O’Neal Steel Inc., Birmingham, Ala., is keeping up a steady pace of acquisitions with the purchase of two Cincinnati-based companies specializing in service to the aerospace industry.
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Russian iron and steel entrepreneur Alisher Usmanov has taken a 6.88-percent stake in Australian iron ore junior miner Aztec Resources Ltd., adding to the 19.9-percent stake acquired in fellow junior miner Mount Gibson Iron Ltd.
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Posco-India Private Ltd. has been unable to set foot for four months on the Orissa site where South Korean steelmaker Posco Ltd. plans to build a 12-million-tonne-a-year plant.
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China’s run-of-mine iron ore production in October rose 41.1 percent from a year earlier to 55.5 million tonnes, the highest monthly figure this year, according to the National Bureau of Statistics.
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Workers at AK Steel Corp.’s Mansfield, Ohio, plant have ratified a new labor contract by an overwhelming majority. Meanwhile, talks remain stalled at the company’s Middletown, Ohio, facility, where a nine-month lockout continues.
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O’Neal Steel Inc., Birmingham, Ala., is keeping up a steady pace of acquisitions with the purchase of two Cincinnati-based companies specializing in service to the aerospace industry.
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Cargoes carried on the Great Lakes dropped in October, largely due to a steel production slowdown that reduced iron ore shipments, according to the latest data from the Lake Carriers’ Association, Cleveland.
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Two major oil producers are planning to take part in a trade case involving oil country tubular goods (OCTG) products.
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O’Neal Steel Inc., Birmingham, Ala., is keeping up a steady pace of acquisitions with the purchase of two Cincinnati-based companies specializing in service to the aerospace industry.
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China Shougang International Trade & Engineering Corp., Beijing, recently awarded a contract to SMS Mevac GmbH, Düsseldorf, Germany, for the supply of a Duplex reverse Hoogsteen (RH) recirculation degassing plant with two treatment positions.
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United Steelworkers union members at AK Steel Corp.’s Mansfield, Ohio, plant have ratified a new labor contract by an overwhelming majority.
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U.S. raw steel output totaled 1,782,000 tons during the week ended Nov. 18, a 4.6-percent decline from 1,868,000 tons produced the previous week, as mills operated at an average capability utilization rate of 76.3 percent.
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The number of drill rigs running in the United States rose by three during the week ended Nov. 17, with the largest increase in New Mexico (up nine), while Canadian drilling activity increased by six rigs.
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Cargos carried on the Great Lakes dropped in October, largely due to a steel production slowdown that reduced the amount of iron ore transported, according to the latest data from the Lakes Carriers’ Association, Cleveland.
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Widespread production cuts by U.S. steel mills have had little impact on global crude steel production, according to statistics from the International Iron and Steel Institute (IISI), Brussels.
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The proposed $2.3-billion acquisition of Oregon Steel Mills Inc. by Evraz Group SA would give the West Coast producer an in-house slab source while providing the Russian steelmaker with a U.S. presence.
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The Mesabi Nugget LLC project has been idled, with two of the project’s partners—Cleveland-Cliffs Inc., Cleveland, and Steel Dynamics Inc. (SDI), Fort Wayne, Ind.—at odds over pricing.
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Mexico’s national mining and metallurgical workers’ union plans to launch a new strike Dec. 1 at Siderurgica Lazaro Cardenas Las Truchas (Sicartsa) if the government’s Labor Secretariat continues to refuse to accept Napoleon Gómez Urrutia as union leader.