By Andrea Shalal WASHINGTON – The United States has no plans to renegotiate a quota agreement forged by South Korea and the former Trump administration, U.S. Commerce Secretary Gina Raimondo…
BERLIN – Germany’s Thyssenkrupp on Wednesday suspended its 2021/22 forecast for free cash flow before mergers and acquisitions for due to the Ukraine crisis and said it was unclear if…
Baltimore, Maryland – Anthony P. Urcioli, Sr., age 78, of Park Ridge, New Jersey, pleaded guilty yesterday to conspiracy to commit wire fraud and filing a false tax return. …
BRUSSELS – The European Union is imposing tariffs on imports of steel fasteners from China on the basis that they are being sold at artificially low prices, the EU official…
Tacoma – The former Director of Metallurgy at Bradken Inc. was sentenced today in U.S. District Court in Tacoma to 30 months in prison, and a $50,000 fine, for falsifying…
Seattle – The co-owner and financial manager of a Puyallup, Washington steel fabrication business was indicted today for nine counts of failing to pay over employment taxes, announced U.S. Attorney…
By Christoph Steitz and Tom Käckenhoff FRANKFURT – Thyssenkrupp said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and…
WASHINGTON – The United States and Japan on Monday are set to announce a deal to grant Japanese steelmakers relief from Trump-era U.S. tariffs for a limited amount of steel…
TOKYO – Japan’s top steelmaker Nippon Steel Corp is seeking more merger and acquisition (M&A) opportunities to boost its global output capacity to 100 million tonnes, an executive said on…
LONDON – Global crude steel production gained 3.7% last year to 1.95 billion tonnes, World Steel Association data showed on Tuesday, despite weaker output in top producer China as an…
DAYTON, Ohio – A steel carport business headquartered in Muncie, Indiana, is forfeiting $6 million for knowingly employing dozens of undocumented immigrants. Company executives paid to smuggle the undocumented workers…