Latest Steel News - SteelOrbis
SteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in …
U.S. Steel Faces Stark Choices as Nippon Steel Merger Founders
14 hours ago · The onetime dynamo is fighting to revive a takeover by Nippon Steel. Other tie-ups could also face obstacles, and going it alone could force cutbacks. By Santul Nerkar For more than a year, U.S ...
Steel news headlines metal industry press reports
4 days ago · China slowdown weighs on iron ore Iron ore is among the most vulnerable to Chinas slowdown risks, as the countrys property market constitutes the bulk of steel demand. China, the worlds biggest consumer of iron ore, has continued to act as a drag on demand this year.
Nippon Steel stands firm on proposed $15 ... - Associated Press News
3 days ago · Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion acquisition of U.S. Steel. He told reporters Tuesday in Tokyo there is no reason or need to give up. ... accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news ...
U.S. Steel and Nippon Sue Biden Over Decision to Block Merger
3 days ago · However, Mr. Biden’s move to terminate Nippon’s $14 billion bid for U.S. Steel raised questions about whether those powers were being abused, given that Japan is a close ally of the United States.
Biden blocks $14 billion acquisition of US Steel by Japan's Nippon ...
6 days ago · Nippon Steel announced in December 2023 that it planned to buy the steel producer for $14.9 billion in cash and debt, and committed to keep the U.S. Steel name and Pittsburgh headquarters. Despite that, its proposal raised concerns about what the transaction could mean for unionized workers, supply chains and U.S. national security.
US rejection of Nippon Steel's bid for US Steel ... - Associated Press News
2 days ago · BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia.. There have been plenty of scraps over trade in the past few decades, and Secretary of State Anthony Blinken sought to smooth ruffled feathers in a visit ...
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Steel news and interviews with top steel executives - SteelOrbis
SteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in …
News - American Iron and Steel Institute
The US Energy Department rolled out a pilot project Sept. 25 to measure the greenhouse gas intensity of certain industrial products, including steel. The Biden administration has sought to tackle steel emissions as […]