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RUST BELT RESURGENCE: Miners, workers strike gold in thriving iron industry
DULUTH, Minn. | Minerals and metallurgical engineer Don Fosnacht said having an "ungodly vast" array of natural resources is a good situation.
U.S. Steel making play to reduce coke consumption, use natural gas
Capitalizing on cheap natural gas, becoming more cost competitive and enhancing its coke position were among the goals United States Steel Corp. executives outlined in a conference with analysts late last month.
U.S. Steel to reduce coke, use natural gas
U.S. Steel is continuing a project in Gary to build two modules that produce a carbon alloy material that would be a substitute for traditionally manufactured coke in steelmaking.
Volatility steering decisions for steel companies
Raw material price volatility is pushing steel industry executives to implement new processes or vertical integration. At the Association for Iron & Steel Technology's annual conference last week, company leaders said the price increases on coal, coke and iron ore are driving the need to…
Volatility steering decisions for steel companies
INDIANAPOLIS | Steel industry executives said Wednesday they have to continue finding ways to reduce their exposure to raw material price volatility by implementing new processes or vertical integration.
Settlement costs ArcelorMittal up to $270 million
ArcelorMittal USA Inc. will pay a Cleveland-based mining company at least $250 million to settle disputes on iron ore supply contracts.
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