Tag Archives: AK Steel
Magnetation LLC announced Wednesday that its subsidiary Mag Pellet LLC has been authorized by the United States Bankruptcy Court for the District of Minnesota to assume its long-term iron ore pellet offtake agreement with AK Steel Corporation. The company sought Bankruptcy Court approval to assume the contract in October 2015. The Bankruptcy Court granted the […]
The World Steel Association (worldsteel) today launched the Sustainable Steel Policy and Indicators 2015 Report, highlighting how steel and the steel industry contribute to and perform in the areas of economic, environmental and social sustainability. The Report highlights the steel industry’s performance throughout 2014 against eight sustainability indicators, measured annually since 2003. Publication of the […]
New orders for manufactured goods in August, down following two consecutive monthly increases, decreased $8.2 billion or 1.7 percent to $473.0 billion, the US Census Bureau reported today. This followed a 0.2 percent July increase. Shipments, down four of the last five months, decreased $3.2 billion or 0.7 percent to $480.1 billion. This followed a […]
The first week of July was anticipated to be a quiet one in terms of activity in the US steel market given the mid-week Independence Day holiday, making Severstal North America’s price increase letter on Monday, July 2, that much more of a surprise.