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Graph of US iron and steel production, 1900–2014, data from USGS. The US iron and steel industry has paralleled the industry in other countries in technological developments. In the 1800s, the US switched from charcoal to coke in ore smelting, adopted the Bessemer process, and saw the rise of very large integrated steel mills.
The $14.9 billion sale of iconic steelmaker US Steel to Japan’s Nippon Steel ends months of speculation over industry consolidation in a move criticized by union workers, but seen by one analyst ...
One of the US economy's most revered manufacturing names could soon be absorbed by the industry. US Steel this week revealed the company is evaluating "strategic alternatives" after receiving ...
One pioneer of this mini-mill technology, Charlotte-based Nucor has a market capitalization of $42.3 billion compared to US Steel’s value of just over $7 billion.
U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [21] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...
But in recent years, US Steel has fallen far below other American steel companies in output and stock market value. And the US steel industry is a shell of its former self, with no company among ...
The U.S. steel industry is leading the world in turning its business green. In a note out on Friday, Bank of America analyst Timna Tanners said U.S. steel producers like United States Steel ...
Graph of US iron and steel production, 1900–2014, data from USGS. The US iron and steel industry has paralleled the industry in other countries in technological developments. In the 1800s, the US switched from charcoal to coal in ore smelting, adopted the Bessemer process, and saw the rise of very large integrated steel mills.