At the time, it was a critical piece in the operation and sustainability of the steel industry.The American Rolling Mill Company, also known as ARMCO, built the AK Steel Mill nearly 40 years ...
The deal would have invested $300 million into the Gary Works steel mill, U.S. Steel's largest plant. But President Biden blocked the plan, saying it would make the nation less strong and less secure.
Advanced technologies like XRF, OES, and PAT optimize steel production by improving raw material usage, process efficiency, and recycling. Read how these and other technologies from Thermo Fisher ...
Gary Works, an integrated steel mill operated by US Steel in Gary, Indiana, seen on Dec. 12, 2024. REUTERS/Vincent Alban “It’s not closing, and Biden hasn’t spoken yet. He will.” ...
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Nippon Steel, whose multibillion-dollar proposal to buy struggling US Steel was blocked by President Joe Biden last week, says it is considering taking legal action against the US government.
One pioneer of this mini-mill technology, now Charlotte-based Nucor (NUE) has a market capitalization of $26.9 billion, compared to US Steel’s value of just over $7 billion. US Steel “peaked ...