U.S. Steel reversed course and said Friday that it will continue processing raw steel at its Granite City Works plant in Illinois, nixing a decision that had put the plant on track to stop work in the ...
Rolled steel bars in a storage rack. Raw steel production fell to 146.8 million metric tons worldwide during November 2024, down -3.61% from October and up just 0.8% from November 2023, as steelmakers ...
November raw steel production totaled 140.1 million metric tons across 70 nations. It was the lowest monthly production total yet for 2025. Global steel production is on track to drop for the fourth ...
Aug 14 (Reuters) - U.S. Steel said on Sunday it was reviewing its options after rejecting a $7.3 bln buyout offer from Cleveland-Cliffs amid interest from multiple parties. A potential combination of ...
U.S. Steel reverses plan to end processing at Granite City. Move comes months after Nippon Steel’s Trump-backed deal. United Steelworkers pushed back, citing prior commitments. Granite City plant ...