Steel industry news




Sabic unit agrees plant deal

Published: January 11, 2010 by Greg Morris

The Saudi Iron and Steel Co (Hadeed) has signed a contract with Italian steel mills builder Danieli to build a steel plant in the kingdom.

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Gerdau strike ends

Published: January 11, 2010 by Greg Morris

A seven-month strike at the Gerdau Ameristeel facility in Cambridge, Ontario, Canada has ended.

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ArcelorMittal to cut 10 000 jobs?

Published: January 11, 2010 by Greg Morris

ArcelorMittal could cut 10 000 jobs worldwide in 2010 to boost productivity and reduce general expenses by around $500M, French newspaper Les Echos reported.

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