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, Feb. 24 (UPI) -- Global steel industry profits are soaring amid mergers and booming growth in China. Britain's Integer Research Ltd. said Friday that almost all of the world's leading 55 steel producers showed operating and net profits in their latest annual financials.
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.
TOKYO, Aug. 12 (UPI) -- Japanese steel maker JFE Steel Corp. plans to construct a blast furnace in China, the first such overseas venture since World War II.
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.
PITTSBURGH, Dec. 9 (UPI) --
LUXEMBOURG, Nov. 23 (UPI) -- The chairman of the world's largest steelmaker has called for the United States to restructure its steel industry to help the troubled global steel business, th
SEOUL, Oct. 23 (UPI) -- South Korea expressed regret Tuesday over Washington's ruling on foreign steel imports, and warned the global steel industry would suffer a prolonged slump by t
