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U.S. Steel made a new contract proposal to the United Steelworkers union this week. Mesabi Metallics plans a $15 billion Iowa steel mill, but its history includes a failed Minnesota project, bankruptcy and millions in unpaid s… Cleveland-Cliffs is laying off 500 workers…
Oneida County Executive, Anthony Picente's first issue with a New York Post article about a company possibly scouting near Utica for a computer chip factory, is in the first paragraph. "It referred to them as a Chinese company. They are…
Canada's business and tech newsroom Canada's Business and Tech Newsroom Industry Minister Mélanie Joly said Ottawa will use “every tool in the toolbox” if Stelco, owned by Ohio-based Cleveland-Cliffs, goes ahead with 500 layoffs stemming from its decision to idle part…
Prime Minister Mark Carney pledged nearly $3.6 billion over five years to help steel firms upgrade their equipment to make more of the products Canadian companies would otherwise import for defence,... Canada's Business and Tech Newsroom Prime Minister Mark Carney pledged…
Law360 US Steel Says Insurers Must Cover Utah Mill Cleanup Costs To view the full article, register now.
A historic agreement inked between the federal and provincial government will see $5 billion earmarked for the steel industry. The federal and provincial government have unveiled an almost $9 billion aid package geared towards the Ontario steel and auto sectors. The funding…
A steel supply constraint is affecting some production schedules at Nissan North America, the automaker confirmed to SMU. The confirmation followed a Friday report by WLBT3 News that the constraint was affecting production at Nissanâs Canton, Miss., plant. SMU asked…
Behlen Mfg. Co. announced the closure of its Behlen Building Systems manufacturing facility in Sarasota, Fla. The company cited high production costs in the Southeast US, higher material and freight costs, and its commitment to operating efficiently and remaining competitive.
Cleveland-Cliffs recorded its first profitable quarter since 2024 on higher steel prices, increased sales volumes, and trade policies supportive of US mills. The Cleveland-based steelmaker swung to a profit of $152 million in Q3â2026 compared to a loss of $251 million in the same…
Cleveland-Cliffs Inc. expects to earn more from the repricing of contract tonnage than it previously projected. The Cleveland-based steelmaker raised its estimate for the earnings benefit of the repricing to about $850 million from about $500 million. The company also said negotiations…