Archive for the ‘Steel News’ Category

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Thursday, May 22nd, 2008

Nippon Steel plans to build new plant in Thailand Nippon Steel Corp. has expressed its hopes of building a steel plant in Thailand. Nippon Steel is expanding its steel output in response to growth in global steel demand. But it may be forced to reduce domestic production depending on the course ...

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Tuesday, May 20th, 2008

Severstal to acquire WCI Steel in US Severstal announced that it has reached a binding agreement to purchase WCI Steel. The acquisition is subject to customary closing conditions, including the receipt of all necessary government and regulatory approvals. Under the terms of the agreement, Severstal will acquire all outstanding equity of ...