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Cleveland Cliffs had originally offered to buy U.S. Steel for $35 per share before the larger Japanese steelmaker Nippon Steel swooped in with an even-higher offer of $55.
The 1946 US steel strike was a several months long strike of 750,000 steel workers of the United Steelworkers union. [ 1 ] [ 2 ] It was a part of larger wave of labor disputes, known as the US strike wave of 1945–1946 after the end of World War II , and remains the largest strike in US history.
"Steel Price Parley Set". The New York Times. January 18, 1952. "Steel Price Talks Are Inconclusive". The New York Times. January 30, 1952. "Steel Seizure Plan Dies in Senate". The New York Times. June 13, 1952. "Steel Shortages Blighting Nation". The New York Times. July 14, 1952. "Steel Strike Cost Is Put At 4 Billion". The New York Times ...
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
With U.S. Steel, Nippon Steel aims to raise its global steel production capacity to 85 million metric tons per year from 65 million tons now and the asset is core to its goal of lifting production ...
Michael S. Williamson/The Washington Post via Getty Images By Abinaya Vijayaraghavan United States Steel (X) said it would temporarily idle its pipe manufacturing plant in Lorain, Ohio, and lay ...
The operation, on both sides of the Cuyahoga River, is Cleveland's last remaining integrated steel mill, now owned by Cleveland Cliffs. In the Pittsburgh region, mill closures led to a regional unemployment rate that peaked at 17.1% in January 1983, with local unemployment rates as high as 27.1% in Beaver County. [12]