Latest Steel manufacturing News

McConnell: Bevin 'had a good 4 years,' but likely lost

Nov. 11, 2019 2:38 PM EST

GHENT, Ky. (AP) — Senate Majority Leader Mitch McConnell says Kentucky Gov. Matt Bevin "had a good four years," but he says a review of Bevin's narrow reelection defeat is unlikely to change the outcome. Bevin trailed Democrat Andy Beshear by about 5,000 votes in the Nov. 5 election. A re-canvass of votes...

China's Jingye comes to the rescue of British Steel

Nov. 11, 2019 11:14 AM EST

LONDON (AP) — Chinese conglomerate Jingye has agreed to buy British Steel, in a rescue deal that potentially protects some 4,000 jobs and safeguards a strategic asset as Britain prepares to leave the European Union. Exact financial terms were not immediately disclosed Monday, and it was not clear what...

Italy presses steelmaker to agree deal on plant, save jobs

Nov. 7, 2019 2:05 PM EST

ROME (AP) — Italy has given steel maker ArcelorMittal a few days to agree to a plan to keep operating a major southern Italian steel plant, where the company says legal challenges and a "climate of hostility" will hinder its business plans. Political pressure was building Thursday both within Italy's...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:53 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:40 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

Why Trump tariffs haven't revitalized American steelmakers

Nov. 4, 2019 12:20 PM EST

WASHINGTON (AP) — President Donald Trump's move last year to tax imported steel triggered jeers but also cheers. Its goal — to raise steel prices — threatened to hurt the legions of U.S. manufacturers that depend on steel. But at least it would benefit U.S. steel companies and the Americans...

Report: Explosion at steel mill in Iran kills worker

Oct. 31, 2019 6:35 AM EDT

TEHRAN, Iran (AP) — Iran's official IRNA news agency says an explosion at a steel mill has killed a worker and injured two others. The report says the explosion happened on Wednesday night in a part of the factory where flammable items were kept. IRNA says the incident is under investigation. The two...

Indiana agency: Steelmaker too slow to act on chemical spill

Oct. 25, 2019 8:56 PM EDT

PORTAGE, Ind. (AP) — The state environmental agency said a northwestern Indiana steel mill knew it was leaking dangerous chemicals into Lake Michigan but failed to report the spill or act quickly to mitigate the risks. The cyanide and ammonia spill in August at the ArcelorMittal plant in Burns Harbor...

US inquiry into Mexican steel concrete reinforcing bars

Oct. 22, 2019 6:17 PM EDT

WASHINGTON (AP) — The Trump administration has begun an inquiry into whether Mexican-made rebar imported into the United States is being altered to avoid antidumping duties. The U.S. Commerce Department says it opened the investigation at the request of U.S. domestic producers of the steel reinforcing bars...

How the past informs Trump's vision of America's future

Sep. 22, 2019 8:20 AM EDT

WASHINGTON (AP) — President Donald Trump's vision of America's tomorrows looks much like its yesterdays. He loves "beautiful" coal. "Beautiful" warships. And "those four beautiful words: MADE IN THE USA!" He speaks of the country's might as measured by its steel mills, farms and cars rolling off Detroit...