Steel Times International News
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ArcelorMittal to cut 10 000 jobs?
ArcelorMittal could cut 10 000 jobs worldwide in 2010 to boost productivity and reduce general expenses by around $500M, French newspaper Les Echos reported.
11 January 2010 -
China exports increase
Chinese November steel exports rose to the highest level this year at 2.87Mt.
11 January 2010 -
Evraz acquisition
Evraz Group subsidiary, Nizhny Tagil Iron and Steel Plant (NTMK), has bought 82.9% of shares of Vanady-Tula.
11 January 2010 -
Questek wins alloys contract
Questek Innovations has been awarded three small business research projects to design and develop alloys for the US government.
11 January 2010 -
Global union calls for governments to support steelworkers
The world’s first global union has called for more government intervention to support the steel industry in the countries where steel workers are facing job losses because of globalisation.
11 January 2010 -
Eurofer disappointed by climate summit
Eurofer said it was disappointed by the Copenhagen climate deal.
11 January 2010