Base metals industry

December 09, 2019 - 7:26 am
Mexico may accept U.S. requests for greater regional content on steel, as long as there is a five-year phase-in period. Foreign Relations Secretary Marcelo Ebrard said a U.S. request for 70% regional content on steel could be written into an addendum to the U.S.-Mexico Canada free trade agreement...
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FILE - In this Nov. 14, 2019, file photo trader John Elliott works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Dec. 3. (AP Photo/Richard Drew, File)
December 03, 2019 - 2:31 pm
Stocks closed broadly lower and bond prices rose sharply on Wall Street Tuesday after President Donald Trump cast doubt over the potential for a trade deal with China this year. Technology companies, banks and industrial stocks accounted for much of the sell-off, which extended the S&P 500’s...
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FILE - In this Dec. 8, 2013 file photo, steel beams sit outside Arena de Sao Paulo in Sao Paulo, Brazil. President Donald Trump on Dec. 2, 2019 accused Brazil and Argentina of hurting American farmers through currency manipulation and said he’ll slap tariffs on their steel and aluminum imports to retaliate. (AP Photo/Ferdinand Ostrop, File)
December 03, 2019 - 5:41 am
CLEVELAND (AP) — Cleveland-Cliffs will buy AK Steel in a stock deal valued at about $1.1 billion. The companies say the tie-up will create a vertically integrated company that pairs Cleveland-Cliff’s iron ore pellet production with AK Steel’s rolled and stainless steel operations. Cleveland-Cliffs...
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Brazil's President Jair Bolsonaro flashes a thumbs up as he greets supporters after attending a Changing of the Guard at the Planalto Presidential Palace, in Brasilia, Brazil, Thursday, Nov. 28, 2019. (AP Photo/Eraldo Peres)
December 02, 2019 - 1:26 pm
SAO PAULO (AP) — Brazilian President Jair Bolsonaro’s U.S.-focused foreign policy efforts suffered a severe setback on Monday when his American counterpart Donald Trump pledged to impose tariffs on steel and aluminum on the South American nation. Trump initially leveled the threat by Twitter while...
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FILE - In this July 22, 2015 file photo, Tribal councilman Wendsler Nosie Sr. speaks with Apache activists in a rally to save Oak Flat, land near Superior, Ariz., sacred to Western Apache tribes, in front of the U.S. Capitol in Washington. Nosie is drawn to a mountainous area in central Arizona where he and other Apaches have harvested medicinal plants, held coming-of-age ceremonies and gathered acorns for generations. On Thursday, Nov. 28, 2019, he'll start a three-day journey to make a permanent home at Chi’chil Bildagoteel, or Oak Flat, in protest of a copper mine made possible by a federal land exchange. (AP Photo/Molly Riley, File)
November 27, 2019 - 2:25 pm
FLAGSTAFF, Ariz. (AP) — Wendsler Nosie Sr. is drawn to a mountainous area in central Arizona where he and other Apaches have harvested medicinal plants, held coming-of-age ceremonies and gathered acorns for generations. On Thursday, he’ll start a three-day journey to make a permanent home in the...
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Italian Prime Minister Giuseppe Conte speaks during a press conference at the end of a meeting with ArcelorMittal's top management, at the Chigi Palace in Rome, late Friday, Nov. 22, 2019. Conte says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern Italian steel plant after four-hour-long talks between Conte and ArcelorMittal executives ending Friday before midnight. (Maurizio Brambatti/ANSA via AP)
November 23, 2019 - 6:19 am
ROME (AP) — Italy’s leader says steelmaker ArcelorMittal has agreed to try for a negotiated solution over the fate of a southern plant that is one of Europe’s largest steel producers, while union leaders on Saturday clamored for authorities to protect the thousands of jobs at stake. Premier...
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November 13, 2019 - 1:31 am
BEIJING (AP) — Jingye Group's purchase of British Steel Ltd. gives the privately owned Chinese steelmaker a chance to grow outside a home market dominated by giant state-owned mills. The deal adds to a string of global acquisitions by Chinese companies that want to speed their growth in industries...
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Italian Prime Minister Giuseppe Conte attends a press conference at the end of a Cabinet Minister meeting in Rome, Wednesday, Nov. 6, 2019. Worried about big job losses, Italy’s government met Wednesday with Indian steel baron Lakshmi Mittal and other company executives to try and convince ArcelorMittal, the world's largest steelmaker, not to pull out of a deal to acquire the steel plant in southern Italy. (Giuseppe Lami/ANSA Via AP)
November 07, 2019 - 8:47 am
ROME (AP) — Italy has given steel maker ArcelorMittal a few days to agree to a plan to keep operating a major southern Italian steel plant, where the company says legal challenges and a "climate of hostility" will hinder its business plans. Political pressure was building Thursday both within Italy...
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Rescuers work near the stern of the vessel Golden Ray as it lays on its side near the Moran tug boat Dorothy Moran, Monday, Sept. 9, 2019, in Jekyll Island, Ga. Coast Guard rescuers have made contact with four South Korean crew members trapped inside the massive cargo ship off the coast of Georgia. (AP Photo/Stephen B. Morton)
AP News
September 09, 2019 - 4:38 pm
JEKYLL ISLAND, Ga. (AP) — Coast Guard rescuers pulled four trapped men alive from a capsized cargo ship Monday, drilling into the hull's steel plates to extract the crew members more than a day after their vessel overturned while leaving a Georgia port. All four were described as alert and in...
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In this Thursday, Aug. 15, 2019, photo several dead fish float along the bank of Burns Ditch near the Portage Marina in Portage, Ind. Some beaches along northwestern Indiana's Lake Michigan shoreline are closed after authorities say a chemical spill in a tributary caused a fish kill. (John Luke/The Times via AP)
August 17, 2019 - 11:43 am
PORTAGE, Ind. (AP) — A steel company apologized for a spill of cyanide and ammonia that led to a fish kill and prompted the closure of beaches along Lake Michigan. ArcelorMittal issued a statement Friday night saying it "apologizes and accepts responsibility for the incident from the Burns Harbor...
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