December 2011

US steel execs look for repeat of ’11 in new year

Executives up and down the steel supply chain say they are gearing up for stronger first- and second-quarter pricing and demand ahead of a softer second half as 2012 looks poised to largely mirror 2011.

US steel execs look for repeat of ’11 in new year

Executives up and down the steel supply chain say they are gearing up for stronger first- and second-quarter pricing and demand ahead of a softer second half as 2012 looks poised to largely mirror 2011.

Joy Global buys 41% stake in IMM

Heavy equipment manufacturer Joy Global Inc. has acquired 41.1 percent of the outstanding common stock of Hong Kong-based International Mining Machinery (IMM) Holdings Ltd., giving the company 69.2 percent of IMM’s outstanding common stock, according to a company statement regarding the purchase.

Md. officials press RG Steel on plans for Sparrows Point

A number of high-level Maryland officials are seeking answers—and action—as RG Steel LLC’s Sparrows Point mill concludes its first week on shutdown without a word from the company.

Md. officials press RG Steel on plans for Sparrows Point

A number of high-level Maryland officials are seeking answers—and action—as RG Steel LLC’s Sparrows Point mill concludes its first week on shutdown without a word from the company.

Distributor adds water-jet cutter

Penn Stainless Products Inc. has installed a new water-jet cutter at its Quakertown, Pa., operation.

Two U.S. Steel workers hurt in accident

Two workers were injured at U.S. Steel Corp.’s Edgar Thomson steelmaking facility in Braddock, Pa.

Two US steel workers hurt in accident

Two workers were injured at US Steel Corp’s Edgar Thomson steelmaking facility in Braddock, Pa.

Pacific Steel hit with class-action lawsuit

Pacific Steel Casting Co. is facing its third labor-related challenge in less than a year with a class-action lawsuit seeking an estimated $31 million in damages from the company.

Pacific Steel hit with class-action lawsuit

Pacific Steel Casting Co is facing its third labor-related challenge in less than a year with a class-action lawsuit seeking an estimated $31 million in damages from the company.