News

Trump’s 50% steel tariffs are coming for your next fridge and dishwasher
The Trump administration will soon ensure that its 50% steel tariffs, which have threatened to make everything containing ...
China Cuts Steel Output as Beijing’s Curbs Start to Take Effect
China churned out a lot less steel in May compared to the previous year as mills responded to the government’s pledge to cut ...
Trump clears U.S. Steel sale to Nippon Steel, but details of merger still unclear
President Trump on Friday cleared the way for Japan-based Nippon Steel to potentially acquire U.S. Steel, though details ...
Trump clears path for Nippon Steel investment in US Steel, so long as it fits the government's terms
President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as ...
UK ordered 24-hour ministerial access to British Steel plant, documents show
UK ministers ordered British Steel to give them 24-hour access to the country’s last blast furnace facility when they seized control of it, a sign of the high concern that its Chinese owner Jingye ...
Nippon Steel investors weigh costs of $14 bn US Steel acquisition win
The first concern will be financing, necessary to fund both the all-cash acquisition and the promised investments, which ...
Trump greenlights U.S. Steel deal, promising $11B investment and 100,000 American jobs
President Trump signs executive order allowing U.S. Steel partnership with Japan's Nippon Steel, with an $11 billion ...
Nippon Steel exec says firm needs freedom to manage U.S. Steel, newspaper says
By Alexandra Alper (Reuters) -Shares of U.S. Steel dipped after a Nippon Steel executive told the Japanese Nikkei newspaper ...