POSCO shut down a wire rod mill at its Pohang factory after a glut originating in China led to a steep drop in production volumes. On Tuesday, POSCO announced that the Unit 1 wire rod mill at its ...

South Korea’s largest steelmaker, Posco Group, shut down one of its steel wire rod mills in the city of Pohang this week in response to rising global competition from Chinese producer, according to ...

GEORGETOWN, S.C. (WCIV) — A production change at the Liberty Steel mill in Georgetown will affect nearly all of the workers. Mill officials gave employees notice on April 19, that the Georgetown steel ...

Liberty Steel is temporarily shuttering its Peoria wire mill as the company continues to struggle financially, facing deep debts around the globe amid a challenging steel market. The company has ...

GEORGETOWN — More than 50 workers at Liberty Steel will lose their jobs at the mill by early summer under a production shift attributed to cheap imports and rising costs. The company announced April ...