Nippon agrees to sell Calvert stake, if USS deal closes
ArcelorMittal is set to take full ownership of AM/NS Calvert if Nippon Steel finalizes its pending acquisition of U.S. Steel.
ArcelorMittal is set to take full ownership of AM/NS Calvert if Nippon Steel finalizes its pending acquisition of U.S. Steel.
Fall is coming in North America, and with it, steel mills' regularly scheduled fall maintenance outages.
Steel industry veteran Mark Bush announced he will be joining AM/NS Calvert as area manager steelmaking.
AM/NS Calvert has announced Chris Richards as interim CEO during the company's transition period.
AM/NS Calvert CEO Chuck Greene has announced his retirement as CEO, effective March 15.
Nippon Steel will acquire U.S. Steel in a deal valued at $14.9 billion, or $55 per share, the two companies announced on Monday morning. The Japanese steelmaker will keep U.S. Steel's iconic logo and its Pittsburgh headquarters, the companies said.
AM/NS Calvert will continue providing hot rolling tolling services for Outokumpu for the time being.
ArcelorMittal’s earnings declined in the third quarter of 2023 both sequentially and on-year.
ArcelorMittal joins U.S. Steel and Cleveland-Cliffs, pushing sheet prices higher, according to an internal commercial memo on Oct. 31.
ArcelorMittal and Stelco joined last week’s move by domestic mills to push sheet prices higher.
This week could be a big one for steel, or at least for the steel rumor mill. For starters, there is renewed speculation that an announcement about the U.S. Steel sales process could be in the works. The rumor mill is also churning fast when it comes to the duration of the UAW strike and […]
We’ve been busier than usual lately covering two major events (in addition to our pricing and data services) – the potential sale of U.S. Steel and the United Auto Workers (UAW) union strike. Let’s review some possible developments in each. U.S. Steel Sale – Back in the Headlines We learned last week that Stelco had […]