GFG Alliance continues expansion in North AmericaTue, 25 Apr 2017 00:00:00 GMT
British-based GFG Alliance, which includes global industrial and metals group Liberty House plus the resources and energy group SIMEC, has stepped up its North American expansion programme with a consortium bid to acquire all the assets of Mesabi Metallics Company LLC formerly known as Essar Steel Minnesota LLC - and ESML Holding Inc.
Joint statement from Liberty House Group & ArcelorMittalFri, 21 Apr 2017 00:00:00 GMT
Global industrial and metals group, Liberty House, has reached an agreement in principle with ArcelorMittal to purchase Georgetown Steelworks in S.C., including its 600,000-ton a year electric arc furnace and 750,000-ton a year rod mill.
BHP Billiton, Rio Tinto at risk in Donald Trump's steel crackdownThu, 20 Apr 2017 14:43:00 GMT
Certain steel imports from Brazil, India, Japan, Korea, Russia and the United Kingdom were hit by smaller tariffs of between 4 per cent and 71 per cent by the Obama administration. President George W. Bush imposed tariffs of up to 30 per cent on a range of ...
Former UK minister joins GREENSTEEL CouncilThu, 20 Apr 2017 00:00:00 GMT
The UK Government minister, who was responsible for navigating through the steel crisis of 2015-16, is set to play a new role in forging a sustainable future for the industry.
Nucor Co. (NUE) Shares Bought by Gulf International Bank UK LtdSun, 16 Apr 2017 14:09:01 GMT
Gulf International Bank UK Ltd raised its stake in Nucor Co. by 3.5% during the first quarter, according to its most recent filing with the SEC.
Top executives to lead Liberty Speciality SteelsTue, 11 Apr 2017 00:00:00 GMT
Liberty House Group has launched its new Speciality Steels business and appointed some of the most prominent international metals industry figures to lead the operation.
U.S. steel producers file petition over unfair trade practicesWed, 29 Mar 2017 22:19:57 GMT
Four major U.S. steel producers - Gerdau Ameristeel US Inc., Nucor Corp., Keystone Consolidated Industries Inc. and Charter Steel - have filed petitions charging that unfairly traded imports of carbon and alloy steel wire rod from Belarus, Italy, South Korea, Russia, South Africa, Spain, Turkey, Ukraine, United Arab Emirates and the United Kingdom are causing material injury to the domestic steel industry. The petitions allege that producers in each of the ten countries are dumping wire rod in the U.S. market at the following margins: The petitions also allege that the Governments of Italy and Turkey are providing countervailable subsidies to producers of wire rod.
Nucor Acquires Omega JoistWed, 15 Mar 2017 16:58:40 GMT
Nucor Corp., Charlotte, N.C., has acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co., Ltd. Omega Joist produces open-web steel joists at its manufacturing facility in Nisku, Alberta, with sales offices in western British Columbia and southern Alberta. We are excited to grow our joist and decking business in Canada with the acquisition of Omega Joist.
Tata Steel UK closes pension scheme to new accruals from March ...Wed, 08 Mar 2017 00:00:00 GMT
LONDON Reuters - Tata Steel UK (NS:TISC) on Tuesday said it would close its final salary pension scheme to accruals from March 31 as a step towards resolving the future of its British operations....
Tata Steel UK workers accept cuts to pension benefitsWed, 15 Feb 2017 00:00:00 GMT
By Maytaal Angel LONDON Reuters - Tata Steel's (NS:TISC) British workers voted on Wednesday to accept pension benefit cuts in return for safeguards on jobs and investment, although the Indian ...
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