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When does Pittsburgh Steel Industry become steel industry?

Industrial steel supply.Industrial steel plate.Industrial-grade steel.Steel is a by-product of the process of creating and producing steel by grinding, polishing, casting, and welding.Steel is used in building and manufacturing steel-framed buildings, steel tubing, steel pipes, and steel cables.The Pittsburgh Steel Corporation (PSC) is the world’s largest steel producer and distributor of steel products.The company has […]

Japan’s government will give companies $2.5 billion to help boost steel industry

Japan’s National Diet has agreed to give companies a massive $2 billion grant to help revive the country’s steel industry.The package, announced Tuesday, will be made up of loans to help businesses get back on their feet and expand production, according to the Diet’s website.The funds will be given to companies in industries ranging from […]

Uganda steel industry seeks US loan to expand production

Uganda’s steel industry has appealed to the U.S. for an additional $1 billion in loans to expand its production.U.N. Secretary-General António Guterres said in a statement that the Ugandan steel industry had requested a loan of $1.2 billion to expand steel production at the Nairobi Steelworks and another $500 million for new capacity.Guterre’s statement did […]

Steel Industry jobs to be cut by 40 per cent

Steel industry jobs will be slashed by 40 to 50 per cent as part of the Government’s plan to cut $200 million in jobs from the sector.Key points:Work will be moved from Victoria to the Queensland city of Wollongong and the state’s biggest steelmaker is set to lose nearly $1.1 billion in revenue over the […]

‘Fiscal cliff’ is an economic ‘no-brainer’ for President Obama

The fiscal cliff deal being negotiated by House Speaker John Boehner and Senate Minority Leader Mitch McConnell is an “economic no-brainer” and “not worth a dime,” President Obama said Monday.The deal is expected to be finalized Tuesday.Obama said the deal was not “just an election issue, but a political one as well,” as it would […]

Steel Industry Timeline: March 2016

Updated April 13, 2020 17:23:53The steel industry has been on the rise in the UK over the past decade, but the government’s new energy and climate strategy is set to have a major impact on the industry.The strategy will see an increase in the number of steel plants to meet increasing demand from the energy […]

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