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Cleveland had nine integrated steel mills in the 1970s. US Steel closed one mill in 1979, then shut down its six remaining Cleveland mills in 1984. Cleveland's two remaining steel producers, Republic Steel and Jones & Laughlin, merged to form LTV Steel in June 1984. LTV Steel declared bankruptcy in 2000.
Minet thought Cowles was the first great advance in electrometallurgy at least for many years, calling it a "practical" furnace yielding alloy up to 20 percent aluminum. The first was begun in 1884 and the best was tested in Cleveland in 1886. Minet gave the real credit though to other chemists who saw how to produce "pure aluminum". [7]
Ultimately, Cleveland-Cliffs failed to purchase U.S. Steel as the company agreed to be acquired by Japan's Nippon Steel instead for $14.9 billion. [48] In January 2025, US President Joe Biden blocked the merger. Both US Steel and Nippon sued the US government, complaining that the block was “a clear violation of due process”.
SIFCO is engaged in the production of forgings and machined components primarily for the aerospace and energy markets. SIFCO's products are made primarily of steel, stainless steel, titanium, and aluminum and include: OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft ...
In 1893 Cleveland's production of nuts and bolts surpassed all other American cities. Upson Nut Company (in 1864 it was called the Union Nut Company [12]) was a foremost maker of cold and hot pressed and forged nuts, bolts and washers. [13] Finished steel was delivered from Republic's Youngstown plant to Upson's plant on 1970 Carter Road in ...
The soon-to-be 47th commander-in-chief said he’d prefer to use tariffs to make U.S. Steel profitable again. Cleveland-Cliffs offered the company roughly $7.3 billion for a buyout in July 2023 ...
Cleveland Cliffs made an unsolicited $8.3 billion cash and stock offer for US Steel last year that was supported by the union, but it was rejected by the company. The nation’s automakers ...
In June 2004, ISG acquired the assets of bankrupt Georgetown Steel for $18 million in cash. [1] [8] In July 2004, ISG acquired an idled hot-briquetted iron facility in Point Lisas, Trinidad and Tobago for $18 million in cash. It was restarted in November 2004. [1] [9] In April 2005, the company was acquired by Mittal Steel Company. [10]