USA steel news headlines & business reports.

Gold, Silver and the Commodities Supercycle
Fri, 18 Dec 2020 00:00:00 GMT
Covid is already ushering in a new era of policies aimed at social need instead of financial stability which will likely create cyclically stronger, more commodity-intensive economic growth, that should create the elusive cyclical upswing in demand.


U.S. Steel to Acquire Remaining Equity of Big River Steel
Mon, 14 Dec 2020 00:00:00 GMT
United States Steel Corp. exercised its call option to acquire the remaining equity of Big River Steel for approximately $774 million. The transaction is expected to close in the first quarter of 2021. Big River Steel operates a LEED-certified Flex Mill in northeast Arkansas. The companys advanced manufacturing technology and skilled operators combined with U.S. Steels product development capabilities and intellectual property have allowed Big River Steel to produce 11 advanced U.S. Steel g...


Nucor leaves Italian JV
Mon, 16 Nov 2020 00:00:00 GMT
US steel producer Nucor is leaving its Italian joint venture with Doferdofin, part of Duferco, 12 years from its creation,Kallanishlearns from Duferco. The parties have come to an amicable agreement that will see Duferco buying Nucors 50% share of Duferdofin, becoming the sole shareholder of the company. Duferco has confirmed the 180 million ($212m)


US Steel to resume spending on strategic projects in 2021
Mon, 02 Nov 2020 00:00:00 GMT
US Steel expects to resume spending on strategic projects in 2021 after pausing activities earlier this year as a result of the coronavirus pandemic, company executives said Oct. 30. Improving steel demand seen in the third quarter and strong lead times for hot-rolled coil have improved sentiment in the market, US Steel CEO David Burritt said during the companys Q3 conference call with analysts. He noted that US mill capability utilization rates have rebounded from Q2, with overall US raw


United States Steel - Press Release
Thu, 29 Oct 2020 00:00:00 GMT
United States Steel Corporation Reports Third Quarter 2020 Results


United States Steel - Press Release
Thu, 29 Oct 2020 00:00:00 GMT
U. S. Steel Announces Successful Start-Up of New Electric Arc Furnace at Its Alabama Facility


United States Steel - Press Release
Mon, 12 Oct 2020 00:00:00 GMT
The Manufacturing Institute Recognizes U. S. Steel Chief Financial Officer Christine Breves With STEP Ahead Award


Consolidation, new capacity boosting US steel sustainability: ...
Sat, 03 Oct 2020 00:00:00 GMT
Recent consolidation and new capacity in the US steel industry is spurring a faster move toward green steelmaking technologies, US steel industry executives said in a town hall discussion Sept. 30. The transition to more xxx (EAF) steelmaking in the US has been accelerated as a result of the coronavirus, Mark Millet, CEO of Steel Dynamics Inc. said at the event hosted by the Association for Iron and Steel Technology. Its a new era for American steel and you could


United States Steel - Press Release
Tue, 29 Sep 2020 00:00:00 GMT
U. S. Steel Names Kenneth Jaycox Senior Vice President and Chief Commercial Office


Cleveland-Cliffs to expand US iron ore pellet supplies with ArcelorMittal ...
Tue, 29 Sep 2020 00:00:00 GMT
US steel and mining group Cleveland-Cliffs plans to increasingly dominate US supply of iron ore pellets and become the largest US integrated steel producer, after agreeing to acquire ArcelorMittal USA in a deal due to close before year-end. The new merged group would have 28 million long tons/year of iron ore pellet capacity, up from Cliffs 20 million lt, through assuming operating interests held by ArcelorMittal at the Hibbing Taconite and Minorca operations, both in Minnesota, Cliffs said


United States Steel - Press Release
Mon, 28 Sep 2020 00:00:00 GMT
U. S. Steel Senior Vice President Chief Commercial & Technology Officer, Tubular and Mining Solutions Douglas R. Matthews to Retire After 33 Years of


US Exim backs steel sector as Trump administration squeezes foreign ...
Wed, 16 Sep 2020 10:10:00 GMT
The Export-Import Bank of the United States (US Exim) has approved two transactions backing domestic firm US Steel, as other US government agencies crack down on steel imports with new tariffs and



Number of U.S. Steel company reports: 12
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