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Italian government, ArcelorMittal dig in over Ilva row
Italian Prime Minister Giuseppe Conte said on Tuesday he would not allow ArcelorMittal to pull out of its acquisition of troubled steel plant Ilva, as the threat of huge job losses piled pressure on the government......»»
Italy"s PM says he will not bend on Ilva steel plant dispute
Italian Prime Minister Giuseppe Conte insisted on Tuesday that he would not give way in a standoff with ArcelorMittal over the future of troubled steel plant Ilva, as the threat of thousands of job losses piled pressure on the ruling coalition......»»
Why the Xcel Energy, Lightsource BP solar project at a Pueblo steel plant is unprecedented
A 600,000-panel solar field will make steel mill the greenest, owner says......»»
Dayton-area steelmaker, union ratify agreement
AK Steel (NYSE: AKS) said members of the United Auto Workers (UAW), Local 3462, have ratified a 46-month labor agreement covering about 300 hourly production and maintenance employees at the company’s Coshocton Works plant in Ohio. West Chester Towns.....»»
US Steel slammed by lower prices, deteriorating conditions
U.S. Steel warned on Thursday that it's going to lose approximately 35 cents a share in the third quarter......»»
Here’s how Beyond Meat can lose the lead in the plant-based meat category to Tyson
CFRA analyzes the plant-based meat space and the competition that’s heating up between a number of players......»»
AK Steel laying off 260 employees in plant closure
AK Steel is closing a plant that has sat mostly idle for the better part of three years, a move that will impact 260 of the company's employees. West Chester-based AK Steel Holding Corp. (NYSE: AKS) submitted a Worker Adjustment and Retraining Act.....»»
Houston-based steel building fabrication co. shutting down, cutting employees
A Houston-based company that designs and builds steel buildings is shutting down, setting the stage for dozens of employees to lose their jobs. United Structures of America said it is ceasing all company operations next month, according to a not.....»»
U.S. Steel to lay off up to 200 workers at Michigan plant: report
United States Steel Corp. will temporarily lay off up to 200 workers from a facility in Michigan, Reuters reported Monday. Citing filings dated Aug. 5, Reuters said production at the Gre.....»»
U.S. Steel to lay off hundreds of workers at Great Lakes plant, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
U.S. Steel job cuts highlight EU sector woes
As day breaks through smudged tram windows, Slovak workers heading to the U.S. Steel Kosice plant mull their fate after hearing the company plans to sack a fifth of them. .....»»
U.S. Steel job cuts highlight EU sector woes
As day breaks through smudged tram windows, Slovak workers heading to the U.S. Steel Kosice plant mull their fate after hearing the company plans to sack a fifth of them. .....»»
U.S. Steel"s plant in Slovakia to lay off 2,500 people by 2021E, Reuters reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
U.S. Steel to pay full penalty on appealed enforcement order, promises additional plant improvements
After appealing a 2018 enforcement order by the Allegheny County Health Department regarding battery compliance at its Clairton Coke Works, United States Steel Corp. (NYSE: X) will pay the $2.7 million penalty in full, according to a news release. The .....»»
Fire triggers pollution concerns at US Steel coke plant
Another fire at U.S. Steel's massive coke plant outside Pittsburgh knocked a key pollution control system offline Monday, triggering a health warning as officials monitored the air around the plant for signs of a release of toxic sulfur dioxide......»»
French government: Ascoval rescue deal not impacted by British Steel woes
A rescue deal for the Ascoval steel plant in northern France is not impacted by the current woes at British Steel since the Ascoval transaction involves another unit of British Steel not impacted by the liquidation process, said the French government......»»
GE power unit faces three-year turnaround despite orders report
General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at least three years, the company's chief financial officer said on Wednesday......»»
GE"s power unit to be "significantly" cash flow negative this year: CFO
General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that unit's cash flow margins for at least three years, the company's chief financial officer said on Wednesday......»»
Mitsubishi plans $1.4 billion rescue for plant engineering firm Chiyoda: Nikkei
Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fueled by greater LNG demand, the Nikkei newspaper reported on Monday......»»
Nearly 1,400 autoworkers are about to lose their jobs at Illinois plant
When the final whistle blows this weekend for worke.....»»