Hints and tips:
Related Special Reports
...Originally, Nippon proposed purchasing only US Steel’s electric arc furnace “mini-mills” in Arkansas, where workers are not represented by a union, although it has since said that its proposed $1.4bn in...
...It comes after much of the country’s steel industry has consolidated, leaving Cleveland-Cliffs, Nucor, Steel Dynamics and US Steel as the four large players....
...US Steel cannily bet on a modern steelmaker, Big River Steel, based in Arkansas that was built up by former investment banker David Stickler with a highly paid non-unionised labour force....
...But in the US, companies such as Nucor use scrap supplemented by pure iron to produce just about everything, including high-quality products destined for the automotive industry....
...More recently, Joe Biden’s onshore infrastructure programmes have boosted prospects for the likes of US Steel, Cleveland-Cliffs, Nucor and Steel Dynamics....
...North American steel companies have undergone a wave of consolidation in recent years dominated by four players: Cleveland-Cliffs, US Steel, Nucor and Steel Dynamics....
...Any takeover would further consolidate a US industry now reduced to four main companies: Cleveland-Cliffs, Nucor, Steel Dynamics, and US Steel....
...Casimir started playing music aged 11 in a west London Caribbean steel band called Stardust. “My mum’s from St Lucia and my dad is Jamaican, so it’s part of my heritage,” he says....
...Army officials have said they may also establish new facilities to load, assemble and pack 155mm shells in Arkansas, Iowa and Kansas....
...the Republican governor chosen to give the Union response, Sarah Huckabee Sanders, who was a polarising figure during her time as press secretary to former president Donald Trump, before being elected in Arkansas...
...Two people were killed in Arkansas, according to governor Asa Hutchinson, including one in a nursing home....
...The share prices of steel producers, such as ArcelorMittal and Nucor, have soared in recent months on the back of the reflation trade. Yet their share valuations have collapsed....
...And the interiors are no less splendid in their extravagant use of marble and basalt (polished and matt), bronze and blackened steel....
...No surprise that the stock prices of US Steel, Nucor, and Cleveland-Cliffs have soared, doubling so far in 2021....
...The stock prices of US Steel, Nucor and Cleveland-Cliffs have soared, doubling so far in 2021....
...The shares of US steelmakers such as Nucor, Cleveland-Cliffs, Steel Dynamics and US Steel have more than doubled in the past year, according to S&P Global Market Intelligence....
...Indeed, the Amsterdam-quoted stock has tripled to €20 since it hit lows in March, outperforming peers including Nippon Steel, Nucor of the US and Baoshan Iron & Steel of China, whose parent company Baowu...
...Dan DiMicco, the former chief executive of Nucor Steel who served as a trade adviser to Mr Trump’s 2016 presidential campaign and publicly supported attempts to challenge the 2020 election result, will retire...
...“That one ended up at the Crystal Bridges Museum in Arkansas.”...
We meet workers and bosses in Youngstown, Ohio — ‘Steel City USA’ — and interview John Ferriola, CEO of Nucor
...US Steel itself made a $700m investment in an Arkansas steel plant that is more technologically advanced than its existing facilities. but analysts say the sector’s difficulties are clear....
...Nucor, the largest US steel producer, on Monday announced its largest investment — a $1.35bn plan to build a new plate mill in the US Midwest, opening in 2022 and creating 400 permanent jobs....
...This has boosted earnings for steelmakers with domestic operations, such as Nucor and ArcelorMittal, but it has also eaten into profits at car manufacturers who are paying more for materials....
...Mr Grassley has already warned the Trump administration that the Nafta replacement would be “dead” if Mr Trump does not remove US levies on steel and aluminium from its North American neighbours....
...Wiley Rein, Nucor’s law firm, has submitted objections to about 10 per cent of the published applications for exemptions from the steel tariffs....
International Edition