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Biden, Nippon Steel
Nippon Steel to sell $211 million in assets to manage debt amid U.S. Steel deal
Nippon Steel plans to sell at least 30 billion yen ($211 million) in assets in this fiscal year to manage its debt, the Nikkei quoted its vice chairman as saying on Friday, as it waits to know the fate of its $14.
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.
Biden administration formally extends review of U.S. Steel deal, pushing decision past election
The Biden administration on Tuesday extended its review of Nippon Steel’s take over of U.S. Steel, effectively pushing a final presidential decision on the matter past Election Day.
3h
on MSN
India's Tata Steel invests $3.23 billion to expand crude steel capacity
India's Tata Steel has invested 270 billion rupees ($3.23 billion) to expand crude steel capacity at its facility in the ...
The Economist
2d
Chinese overcapacity is crushing the global steel industry
E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...
6h
on MSN
Bridges get steel protection against flood damage
Two historic bridges have had steel plates fixed to them after they were damaged in floods. Newbridge at Gunnislake and ...
23h
U.S. Steel Powers Through Pricing Pressures, Domestic Demand Holds Strong Despite Global Challenges
United States Steel Corporation (NYSE:X) shares are trading higher on Thursday. The company provided third-quarter 2024 ...
2d
British Steel reveals losses deepened eightfold
British Steel has announced an eightfold increase in pre-tax losses during 2022 as concerns mount about the future of the ...
7h
Tata Steel underperforms Friday when compared to competitors despite daily gains
Shares of Tata Steel Ltd. 500470 rose 1.64% to 152.05 Indian rupees Friday, on what proved to be an all-around positive ...
2d
on MSN
India in talks to tackle rising steel imports, steel minister says
India is in discussions to tackle higher steel imports, Steel Minister H.D. Kumaraswamy said on Wednesday, without sharing ...
2d
Companhia Siderurgica Nacional: Leverage And Steel Market Shifts Redefine Outlook
CSN's stock has fallen over 40% this year, with initial optimism fading due to declining iron ore prices and ongoing steel ...
2d
Steel roses highlight youth homelessness
A new display of 1,800 steel roses has been installed at Sheffield Cathedral to highlight the scale of youth homelessness in ...
Opinion
3d
on MSN
Opinion
How U.S. Steel Got Rolled
The move to block a Japanese company from buying the American manufacturer puts political expediency ahead of industrial ...
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