BEIJING, Feb. 24 (UPI) -- Production capacity has outstripped demand in China's steel-making industry, a trade association executive said.
LUXEMBOURG, May 22 (UPI) -- Arcelor SA struck a conciliatory tone toward rival Mittal Steel Co. NV, which recently enhanced its unsolicited takeover offer for the Luxembourg company.
LONDON, Jan. 27 (UPI) -- Mittal Steel NV, the world's top steel maker, is offering $22.7 billion to buy the second-largest steel producer.
MOSCOW, Oct. 28 (UPI) -- OAO Severstal, Russia's second-largest steel maker, is taking an 80-percent stake in an $880 million U.S. steel-making venture.
BEIJING, Oct. 26 (UPI) -- China's major steel producers plan to cut their production by 5 percent in the fourth quarter to support the commodity's price.
PITTSBURGH, July 26 (UPI) -- North American steel producers face several months of tough going because prices for their products are declining.
NEW YORK, July 21 (UPI) -- The Standard & Poor's Corp. of New York Wednesday revised its outlook for the AK Steel Corp. from negative to stable.
CHICAGO, July 2 (UPI) -- Fitch Ratings of Chicago Friday affirmed the senior unsecured long-term debt ratings of Pittsburgh-based U.S. Steel at BB-.
NEW YORK, March 22 (UPI) -- First quarter earnings for U.S. steelmakers are expected to come in strongly on the back of rising steel prices, the Wall Street Journal reported Monday.
Here is a look at more of Thursday's top business stories:
