Tata Steel shares will be under scrutiny following their Q3 update. Key highlights include a 6% YoY increase in steel production to 5.68 million tonnes, best-ever Q3 deliveries at 5.29 million tonnes, ...
Update: President Biden announced Friday morning he is blocking the U.S. Steel-Nippon Steel deal "to ensure that, now and long into the future, America has a strong domestically owned and operated ...
This satisfying process highlights the power of craftsmanship and the durability of high-strength materials, turning raw steel into essential parts for future use. TheFirstHammer Posted: January 2 ...
Nippon Steel offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval ...
On December 18, 2023, Nippon Steel, the fourth largest steelmaker in the world, announced it was buying United States Steel (US Steel) for $14.9 billion. Though US Steel is an iconic company central ...
China is both the world's largest producer and consumer of steel. Because of the enormous size of the Chinese steel industry, any change in domestic production can have an outsized impact on the ...
The Swedish startup Stegra has raised close to $7 billion to produce zero-emissions steel using green hydrogen starting in 2026. As of 2023, nearly 2 billion metric tons of it were being produced ...
TOKYO, Dec 26 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab said on Thursday it has extended the closing date for its $14.9 billion purchase of U.S. Steel (X.N), opens new tab as U.S ...
WASHINGTON — A powerful government panel on Monday failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U ...