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Article: United States: 6 months after USW deal, steel is in a slump.
- Article from:
- TendersInfo
- Article date:
- March 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: sanjayV03
When United Steelworkers union officials rounded up the press Sept. 9 to tout their historic labor agreement with U.S. Steel, evidence of a prosperity the Rust Belt industry hadn't experienced in decades abounded.
Domestic mills were operating at nearly 90 percent of capacity. Commodity sheet steel was selling for $1,000 a ton, pricing that would generate $1.3 billion in third-quarter operating profits for U.S. Steel. The Pittsburgh producer was preparing to spend $1 billion to update its Clairton coke plant, an expenditure topped by Allegheny Technologies' $1.2 billion investment in its Brackenridge plant.
The USW's contract ...
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Article: Steel execs to discuss industry's future at conference
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June 19, 2005 ;
700+ words
... ... Dynamics, Stelco Inc., Duferco Steel, ThyssenKrupp Steel and dozens of other companies ... union workers will also be heard. Tom Conway of Kouts, who recently was named ... Gerard will also speak to the steel leaders. Conway said he and Gerard ...
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