Steel company 'in administration'
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A steel firm employing around 450 workers in south Wales goes into administration, says a union.
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JAPAN&#39;S second largest carmaker, Nissan Motor, is being forced to suspend output because of a severe steel shortage. Japan&#39;s largest steel company, Nippon Steel, said it was unable to meet Nissan&#39;s request
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Another head rolls in the ongoing scandal plaguing the company.
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Key developments this quarter all point to tighter integration at the steelmaker.
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By Kyodo News International, Tokyo  Feb. 20--TOKYO -- Investment fund Ichigo Asset Management Ltd. said  Tuesday it has mustered almost one-third of shareholder votes in Tokyo  Kohtetsu Co. to scuttle the steelmaker's motion to become a wholly owned unit  of Osaka Steel Co.
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Resignation points to potential problem for Dutch lender in keeping staff as takeover battle plays out.
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Workers who seized the headquarters of South Korean steelmaker Posco have agreed to leave, the Yonhap news agency reported Thursday. Earlier in the day, the office of South Korean President Roh Moo-hyun warned that the government may use force to expel the workers.
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Steelworkers strike after the world's third largest tire maker and the steelworkers union failed to agree on a new labor contract
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AMSTERDAM -- Steel tycoon Lakshmi N. Mittal yesterday said he would pay $4.5 billion in cash and stock for US steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankruptcy court.
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Tesco and Asda say they are looking into allegations of employee abuse at suppliers' factories in Bangladesh.
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India's Tata Steel is set to become the  world's fifth-biggest steelmaker after winning a bid battle for  Anglo-Dutch steelmaker Corus Group by agreeing to pay 5.75  billion pounds ($11.3 billion).
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Steelmaker reports big profits, disturbing trends.
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Steelmaker Corus is ordered to pay nearly Â£300,000 after the death of one of its workers at its Trostre plant.
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Lakshmi Mittal&#39;s $4.5 billion acquisition of International Steel Group Inc. may prompt a spree of deals as the steel industry consolidates to cut costs.
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British billionaire Lakshmi Mittal will be chairman and chief executive of Mittal Steel, which will be the world&#39;s largest steel maker, producing 57 million tonnes of crude steel a year.
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Federal regulators question the ability of the company's management to correct its extensive problems.
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PARIS  - Stephane Zervos first suspected his job was threatened when his bosses removed most of the heavy equipment from the car wheel factory where he'd worked for 24 years.