Shares of Ampco-Pittsburgh Corporation (NYSE:AP) soared nearly 70% during Wednesday’s pre-market after its subsidiary, Union Electric Steel Corporation, secured contracts estimated at $11.7 million.

The Electric City Steel Drum Project was awarded a $3,000 grant from the Robert H. Spitz Foundation, administered by the Scranton Area Community Foundation. The purpose of the grant is to provide ...

Welding equipment maker Lincoln Electric Holdings Inc. (Nasdaq: LECO) of Euclid announced it has acquired the remaining 65% interest in Alloy Steel Australia (Int) Pty Ltd. The deal, which closed ...

Cleveland, Ohio, US-based Lincoln Electric has announced the full acquisition of Alloy Steel Australia, including its related businesses. Financial details of the deal were not shared. Lincoln ...

Algoma Steel Group Inc., a prominent Canadian steel producer, recently announced the successful first steel production at Unit One of its new electric arc furnace (EAF) project in Sault Ste. Marie, ...

Cleveland-Cliffs has been awarded a $19 million federal grant to upgrade a mill in Pennsylvania’s Butler County that makes "electric steels" critical to the electric vehicle industry and others that ...

AMES, Iowa – Within a few years, the U.S. Department of Energy wants plug-in electric vehicles to be just as affordable and convenient as the internal-combustion machines most of us drive today. But ...

Italian metals company adds an electric arc furnace steel mill in southern France to its portfolio with an intention to boost its capacity. Marcegaglia Group says its new acquisition can provide it ...

Tata Steel has appointed Sir Robert McAlpine to install two electric arc furnaces at its Port Talbot steelworks in Wales. The £1.25 billion project, supported by £500 million in government funding, ...