Yet, even in this prolonged downturn, a group of large millers have managed to hold its ground, not because of any market recovery, but due to structural advantages built over time ...
Industry insiders said imported scrap prices have increased by around $25-30 per tonne over the past week, reversing a prolonged downward trend seen over the last year ...
The coming year could keep the strikes rolling through steel mills, state offices, telephone lines, axle plants, baseball diamonds, and hospitals from ...
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2026 budget: Ajaokuta workers to get N6.4bn despite zero output
The Federal Government has proposed to spend N6.04bn on personnel costs for workers of the Ajaokuta Steel Company Limited in ...
The Punch on MSN
FG budgets N6.04bn payroll for idle Ajaokuta steel
The Federal Government has proposed to spend N6.04bn on personnel costs for workers of the Ajaokuta Steel Company Limited in ...
The air shimmers with heat as a glowing billet, heated to over 1,200 degrees Celsius, emerges from the reheating furnace. Within seconds, it passes through the first set of massive rollers, which ...
The freight railroad company BNSF says the Rocky Mountain Steel Mill in Pueblo stopped shipping rails for train tracks this fall. That’s according to a recent legal claim filed by the railroad. The ...
Rocky Mountain Steel Mills, part of Orion Steel, has started up its new Danieli universal rail mill in Pueblo, Colorado. The rail mill is designed to produce 650,000 short tons per year of flat-bottom ...
The steelmaker plans to restart a blast furnace in Granite City, Illinois, that has been idle since late 2023. “After several months of carefully analyzing customer demand, we made the decision to ...
U.S. Steel announced Tuesday that its Edgar Thomson Works is getting a hot strip mill, part of a $14 billion investment package across all company facilities from new owner Nippon Steel. In a 17-page ...
DAUPHIN COUNTY, Pa. (WHTM) — Cleveland-Cliffs announced its intention to permanently close its plant in Steelton in early 2026. The Steelton plant has 500 employees and has remained “indefinitely ...
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