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Us Iron and Steel Company plans to spend $3 billion to build a new steel plant betting that steel prices will continue to strengthen_SMM

[us Iron and Steel Company plans to spend US $3 billion to build a new steel plant betting that steel prices will continue to strengthen] Thursday (16th US Eastern time), U.S. Iron and Steel (U.S. Steel Corp.)) It was announced that a new steel plant would be built at a cost of about $3 billion. This shows that steelmakers are increasingly convinced that the rise in US steel prices will continue. It is reported that the iron and steel plant under preparation will combine two state-of-the-art electric arc furnaces, (EAF), which mainly uses scrap steel, which is more energy-efficient than traditional coal-based integrated power plants. ....

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New Capacity Roundup | Hellenic Shipping News Worldwide

New Capacity Roundup | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Fabricator's Insurer Seeks Escape From COVID-19 Death Suit


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Fabricator s Insurer Seeks Escape From COVID-19 Death Suit
Law360 (July 14, 2021, 7:28 PM EDT) A steel fabricator s insurer has told an Illinois federal judge it should not have to cover a general contractor in a wrongful death suit over a Coca-Cola worker s death from COVID-19, saying the contractor is not an additional insured under its policy.
First Mercury Insurance asserts in Tuesday s complaint that a commercial general liability policy it issued to American Steel Fabricators did not extend coverage to Burling Builders. The construction company was also performing work at the Great Lakes Coca-Cola Distribution facility where Ronald Wantuch worked. ....

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