September 2012

Canadian Auto Workers union agrees labour contract with GM in Canada

Members of the Canadian Auto Workers union have ratified a labour contract with General Motors (GM) in Canada.

Stagnation in US plate market continues

The US plate market has almost ground to a halt, market sources said, with few foreseeing a pick-up in demand heading into the fourth quarter.

Olympic Steel plans $11m US plate expansion in Pennsylvania

Olympic Steel plans to spend $11 million to expand its plate-processing operations in Chambersburg, Pennsylvania.

Stagnation in US plate market continues

The US plate market has almost ground to a halt, market sources said, with few foreseeing a pick-up in demand heading into the fourth quarter.

RG Steel completes Warren site sale for $15.5m

The sale of RG Steel LLC’s Warren, Ohio, facility closed on September 21, with a final purchase price of about $15.5 million, according to a court document filed on September 25 in a Delaware bankruptcy court.

Canadian Auto Workers, Chrysler in tentative labour deal

The Canadian Auto Workers (CAW) union and Chrysler Group LLC have reached a tentative four-year labour agreement.

Olympic Steel plans $11m expansion in Pennsylvania

Olympic Steel plans to spend $11 million to expand its plate-processing operations in Chambersburg, Pennsylvania.

French labour minister calls on ArcelorMittal to restart furnaces at Florange

The French labour minister, Arnaud Montebourg, has called on ArcelorMittal to restart full production at the Florange steelworks.

Sundance shares suspended on ASX before Hanlong announcement

Trading in Sundance Resources’ shares has been halted on the Australian Securities Exchange until October 2, ahead of a statement about potential buyer Hanlong Mining’s “financial commitment obligations”, the junior miner said on Friday September 28.

Taranto faces complete stoppage as court rejects Ilva clean-up plan

Judge Patrizia Todisco has rejected the environmental clean-up plan proposed by Ilva for its Taranto plant, the Italian national metalworkers’ trade union (UILM) said on Thursday September 27.