President Obama Expected to Raise Overcapacity During Sept. 4-5 Summit WASHINGTON, D.C. – China's massive steel overcapacity is driving a global problem that will require significant...
On Monday, U.S. Steel officially announced the successful startup of its new $412 million electric arc furnace at Fairfield Works, which it says will be able to produce 1.6 million tons of steel per...
The global steel sector is in crisis. Tens of thousands of Americans have faced layoffs and dozens of steel mills have shut down. China's massive industrial overcapacity is to blame -— and strong...
Rep. Frank Mrvan (D-Ind.), who toured the Burns Harbor steelmaking facility on Monday, also voiced support for a major infrastructure investment package.
Representatives from G20 and other steel-producing countries will reconvene in Berlin on Thursday for the Global Forum on Steel Excess Capacity. The group, formed one year ago, is meant to address...