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HIBBING — Minnesota Gov. Tim Walz sent a letter Monday to the chief executives of U.S. Steel and Cleveland-Cliffs asking for a conversation about solutions to declining ore reserves at
Cleveland-Cliffs announced its preliminary fourth quarter 2020 results Monday, showing a large revenue increase from the previous year on the heels of its purchase of AK Steel and ArcelorMittal USA. Initial results show a consolidated revenue of $2.2 to $2.3 billion during the quarter, an increase of about $320 percent from the fourth quarter of 2019. Steel sales during the quarter were 1.9 million net tons, according to Cliffs. Full results from the final quarter will be announced before the U.S. markets open Feb. 25. âOur fourth quarter strong results are just a sample of what we shoul...
Message to President-elect Joe Biden: Keep steel tariffs in place Published 13th January, 2021 by Matthew Moggridge President-elect Joe Biden: Will he preserve Trump's steel tariffs? Four of the leading US-based domestic steel industry associations and the United Steelworkers union have urged President-elect Joe Biden to ensure steel tariffs and quotas, put in place in 2018 to protect national security, are preserved. In a letter to the president-elect, the American Iron and Steel Institute (AISI), Steel Manufacturers Association (SMA), the United Steelworkers union (USW), The Committee on Pi...
Russian steelmaker PAO Severstal has put blast furnace No. 3 (BF-3) at the Cherepovets Steel Mill (part of Severstal’s Russian steel division) onto hot…
Miners Seeing Production Shift for the Fluorspar Billion Dollar Market PALM BEACH, Fla., Dec. 22, 2020 /PRNewswire/ -- During the current pandemic, most investors are focusing on gold or silver and other ores & metals, but fluorspar should also be on their radar… not because it trades like gold and silver, but because it is a necessary component in sectors that are projected to grow significantly over the next several years. Fluorite is used for several purposes. The primary users are the chemical, metallurgical, and ceramic industries, but it is also an essential component in the lapidary...